Guideline Value for SKS-SEKAR SQUARE

Sks-Sekar Square guideline value

The current guideline value of Sks-Sekar Square is Rs 1,000 per sq.ft. This property is located in Kalvai village under the Thiruporur SRO, classified as Residential Special Type - IV.

How the guideline value of Sks-Sekar Square has changed

The guideline value for Sks-Sekar Square has remained consistent over several revisions. The 2017 revision recorded a value of Rs 1,000 per sq.ft, which was unchanged in the 2023 revision and continues to be the same in the 2024 revision, effective from 1 July 2024.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has seen a change of +0%.

Guideline values in Kalvai

In Kalvai, there are 31 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median value is Rs 1,000 per sq.ft, which is equal to the current guideline value of Sks-Sekar Square.

• S.K Avenue Phase II: Rs 701 per sq.ft (2024)
• Sk Avenue: Rs 701 per sq.ft (2024)
• Skandhaguru Avenue: Rs 3,000 per sq.ft (2024)
• Sri Baba Nagar: Rs 600 per sq.ft (2024)
• Sri Durgha Avenue: Rs 600 per sq.ft (2024)
• Sri Ganesh Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Sks-Sekar Square

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value is Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total Rs 90,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sks-Sekar Square?

The Sks-Sekar Square is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration of property transactions in Kalvai. It serves as a benchmark for determining the stamp duty and registration fees payable, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value helps to establish a fair basis for taxation and registration fees. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sks-Sekar Square?

The current guideline value of Sks-Sekar Square is Rs 1,000 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 has remained unchanged at Rs 1,000 per sq.ft from 2017 through 2024, with no figures available for the years 2002, 2003, 2007, and 2012.

What is the land classification for Sks-Sekar Square?

Sks-Sekar Square is classified as Residential Special Type - IV under the Thiruporur SRO.

What are the stamp duty rates for property in Sks-Sekar Square?

The stamp duty for property in Sks-Sekar Square is 7% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty would amount to Rs 70,000.

Where can I find the Thiruporur Sub Registrar Office?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can also find your SRO through the provided link.