Guideline Value for SM KBS UPTOWN

Sm Kbs Uptown guideline value

The current guideline value for Sm Kbs Uptown in Asthinapuram village is Rs 1,614 per sq.ft, effective from 1 July 2024. This property falls under the Thiruporur SRO and is classified as Mixed Special Type - III.

How the guideline value of Sm Kbs Uptown has changed

The guideline value for Sm Kbs Uptown has remained consistent at Rs 1,614 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to this, there are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the 2024 and 2023 revisions both reflect the same guideline value of Rs 1,614 per sq.ft. This indicates stability in the guideline value for Sm Kbs Uptown over the last two years.

Guideline values in Asthinapuram

In Asthinapuram, there are 32 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 600 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 1,614 per sq.ft, which is equal to the guideline value for Sm Kbs Uptown.

• Serasa Land Mark Phase II: Rs 2,687 per sq.ft (2024)
• Serasa Land Mark Phase I: Rs 2,687 per sq.ft (2024)
• Sri Sks Sai Nagar: Rs 2,000 per sq.ft (2024)
• Srs Avenue: Rs 1,300 per sq.ft (2024)
• Srs Avenue Phase I: Rs 1,300 per sq.ft (2024)
• Srs Avenue Phase II: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Sm Kbs Uptown

For a 1,000 sq.ft plot at the current guideline value of Rs 1,614 per sq.ft, the total guideline value amounts to Rs 16,14,000. The stamp duty at 7% would be Rs 1,12,980, and the registration fee at 2% would be Rs 32,280, making the total cost for these fees Rs 1,45,260. 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 accurate calculations.

Which Sub Registrar Office covers Sm Kbs Uptown?

The Sub Registrar Office that covers Sm Kbs Uptown is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Asthinapuram. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a buyer or seller engages in a property transaction, the guideline value helps to determine the legal and financial obligations associated with the sale. This ensures transparency and compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Sm Kbs Uptown?

The current guideline value of Sm Kbs Uptown is Rs 1,614 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sm Kbs Uptown has remained at Rs 1,614 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sm Kbs Uptown?

Sm Kbs Uptown is classified as Mixed Special Type - III. This classification can impact the guidelines and regulations associated with property transactions in the area.

What are the stamp duty and registration fees for a property in Sm Kbs Uptown?

For a property valued at Rs 16,14,000, the stamp duty is Rs 1,12,980 and the registration fee is Rs 32,280, totaling Rs 1,45,260. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Sm Kbs Uptown?

The Sub Registrar Office for Sm Kbs Uptown is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.