Guideline Value for RKP RESIDENCY

Rkp Residency guideline value

The current guideline value of Rkp Residency in Ponthoor village, under the Sriperumpudur SRO, is Rs 2,239 per sq.ft as per the 2024 revision effective from 1 July 2024. The land classification for this area is Mixed Type - I.

How the guideline value of Rkp Residency has changed

The guideline value for Rkp Residency has remained consistent at Rs 2,239 per sq.ft since the 2017 revision, which also recorded the same figure. The 2024 revision has not changed the value from the 2017 revision, indicating a 0% change over this period.

For the years 2023, 2012, 2007, 2003, and 2002, the register has no figure for this street. Thus, the only available revisions for Rkp Residency are from 2017 and 2024, both reflecting the same guideline value.

Guideline values in Ponthoor

Ponthoor village has a total of 79 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 200 to Rs 2,239 per sq.ft. The median guideline value in this village is Rs 300 per sq.ft, placing Rkp Residency's 2024 figure above that median.

• Rosappoo Street: Rs 300 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 709 per sq.ft (2024)
• Ramesh Nagar Part - I: Rs 310 per sq.ft (2024)
• Samanthi Poo Street: Rs 300 per sq.ft (2024)
• Sampangi Poo Street: Rs 300 per sq.ft (2024)
• Raja Reddy Avenue: Rs 448 per sq.ft (2024)

Stamp duty and registration fee for property in Rkp Residency

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value would be Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, bringing the total cost for these fees to Rs 2,01,510. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Rkp Residency?

The Sub Registrar Office that covers Rkp Residency is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Ponthoor. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the correct amount of revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Rkp Residency?

The current guideline value of Rkp Residency is Rs 2,239 per sq.ft as per the 2024 revision, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Rkp Residency has remained unchanged at Rs 2,239 per sq.ft from the 2017 revision to the 2024 revision, indicating a 0% change.

What is the median guideline value in Ponthoor?

The median guideline value in Ponthoor is Rs 300 per sq.ft, with Rkp Residency's 2024 figure being above this median.

What are the stamp duty and registration fees for Rkp Residency?

For a 1,000 sq.ft plot at the guideline value of Rs 2,239 per sq.ft, the total guideline value would be Rs 22,39,000. The stamp duty would be Rs 1,56,730, and the registration fee would be Rs 44,780, totaling Rs 2,01,510.

Where can I find the Sub Registrar Office for Rkp Residency?

The Sub Registrar Office for Rkp Residency is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.