Guideline Value for SKS KATHIRVELAN GARDEN

Sks Kathirvelan Garden guideline value

The current guideline value of Sks Kathirvelan Garden is Rs 2,389 per sq.ft, effective from 1 July 2024. This property is located in Kayirambedu village, under the Chengleput Joint II SRO, and falls under the land classification of Mixed Special Type - II.

How the guideline value of Sks Kathirvelan Garden has changed

The guideline value for Sks Kathirvelan Garden has seen no change from the 2023 revision to the 2024 revision, remaining at Rs 2,389 per sq.ft. Prior to this, the 2023 revision also recorded the same value of Rs 2,389 per sq.ft, indicating stability in the guideline value over these two years.

For the years 2017, 2012, 2007, and 2003, the register has no figure for this street. The previous revision figures were not available for these years, and the earliest recorded guideline value for Sks Kathirvelan Garden is from 2023.

Guideline values in Kayirambedu

In Kayirambedu, there are 120 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 400 to Rs 3,550 per sq.ft. The median value for these streets is Rs 700 per sq.ft, placing Sks Kathirvelan Garden's 2024 figure above this median.

• Sks Ganesa Garden: Rs 2,986 per sq.ft (2024)
• S.K.S. Star Light Avenue: Rs 1,045 per sq.ft (2024)
• Siva Venkatapuram: Rs 700 per sq.ft (2024)
• S Na Garden: Rs 900 per sq.ft (2024)
• Snt Nagar: Rs 2,389 per sq.ft (2024)
• Sorna Bungalow Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Sks Kathirvelan Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 2,389 per sq.ft, the total guideline value would be Rs 23,89,000. The stamp duty at 7% would amount to Rs 1,67,230, and the registration fee at 2% would be Rs 47,780, leading to a total of Rs 2,15,010. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sks Kathirvelan Garden?

The Sks Kathirvelan Garden is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration process when buying or selling property. It serves as a benchmark for determining the stamp duty and registration fees payable, ensuring that both the buyer and seller are aware of the official valuation of the property.

When a property is registered, the guideline value helps in calculating the applicable charges. Buyers should be aware that the stamp duty is charged on the higher of the guideline value or the sale price, which can affect the overall cost involved in the transaction.

Frequently asked questions

What is the current guideline value of Sks Kathirvelan Garden?

The current guideline value of Sks Kathirvelan Garden is Rs 2,389 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained the same at Rs 2,389 per sq.ft from 2023 to 2024. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sks Kathirvelan Garden?

Sks Kathirvelan Garden falls under the land classification of Mixed Special Type - II, indicating its diverse usage potential.

Which office handles the registration for Sks Kathirvelan Garden?

The Chengleput Joint II Sub Registrar Office handles the registration for Sks Kathirvelan Garden, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

How is the stamp duty calculated for properties in Kayirambedu?

Stamp duty for properties in Kayirambedu is calculated based on the higher of the guideline value or the sale price. For instance, a property with a guideline value of Rs 23,89,000 would incur a stamp duty of Rs 1,67,230 at 7%.