Guideline Value for R K K GARDEN

R K K Garden guideline value

The current guideline value of R K K Garden, located in Velamoor village under the Acchirapakkam SRO, is Rs 300 per sq.ft. The land classification for this area is Residential Special Type - I.

How the guideline value of R K K Garden has changed

From the register, there are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2017 for R K K Garden. The guideline value was Rs 300 per sq.ft in the 2023 revision and remains unchanged at Rs 300 per sq.ft in the 2024 revision, indicating a 0% change between these two years.

Thus, the guideline value for R K K Garden has been consistent at Rs 300 per sq.ft from the 2023 revision to the 2024 revision.

Guideline values in Velamoor

In Velamoor, there are three streets under the Acchirapakkam SRO that carry a 2024 guideline value of Rs 300 per sq.ft, with the median also being Rs 300 per sq.ft. R K K Garden's 2024 figure is equal to this median.

• Mahanath Garden: Rs 300 per sq.ft (2024)
• Vmr Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in R K K Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers R K K Garden?

The Sub Registrar Office that covers R K K Garden is the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Velamoor

The guideline value is an essential factor in the registration process when buying or selling property in Velamoor. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that the government receives appropriate revenue from property transactions.

When a property is registered, the guideline value acts as a benchmark, and buyers should be aware that they may need to pay additional fees if the sale price exceeds this value. This makes understanding the guideline value crucial for anyone involved in real estate transactions in the area.

Frequently asked questions

What is the current guideline value of R K K Garden?

The current guideline value of R K K Garden is Rs 300 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for R K K Garden has remained at Rs 300 per sq.ft from the 2023 revision to the 2024 revision, with no figures available for the revisions prior to 2023.

What is the land classification for R K K Garden?

The land classification for R K K Garden is Residential Special Type - I.

Where can I find the registration office for R K K Garden?

The registration office for R K K Garden is the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.

How is stamp duty calculated for properties in R K K Garden?

Stamp duty for properties in R K K Garden is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty and registration fee of Rs 27,000.