Guideline Value

Corporate

Guideline Value for K.K.D. Nagar 4th Main Road

₹2700/sq.ft.

The guideline value for K.k.d. Nagar 4th Main Road in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on K.k.d. Nagar 4th Main Road

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K.K.D. Nagar 4th Main Road guideline value

The current guideline value of K.K.D. Nagar 4th Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Kodungaiyur village under the Madhavaram SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of K.K.D. Nagar 4th Main Road has changed

Over the years, the guideline value for K.K.D. Nagar 4th Main Road has seen several revisions. The most recent revision in 2024 set the guideline value at Rs 2,700 per sq.ft, an increase of 8% from Rs 2,500 per sq.ft in the 2023 revision. The 2012 revision also recorded a guideline value of Rs 2,500 per sq.ft, indicating no change from 2012 to 2023. The register has no figures for the years 2002, 2003, 2007, and 2017.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 8%. The 2024 figure aligns with the median guideline value for streets in Kodungaiyur, which ranges from Rs 1,900 to Rs 4,000 per sq.ft.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 1,318 streets under the Madhavaram SRO, with the 2024 guideline values ranging from Rs 1,900 to Rs 4,000 per sq.ft. The guideline value for K.K.D. Nagar 4th Main Road is equal to the median value of Rs 2,700 per sq.ft. Below are other streets in Kodungaiyur:

Stamp duty and registration fee for property in K.K.D. Nagar 4th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total charges to Rs 2,43,000. 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 information.

Which Sub Registrar Office covers K.K.D. Nagar 4th Main Road?

The Sub Registrar Office that covers K.K.D. Nagar 4th Main Road is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kodungaiyur. It serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory during property transactions.

When a property is sold, the guideline value helps ensure that the sale price is in line with the government’s assessment of property values in the area. This helps maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of K.K.D. Nagar 4th Main Road?

The current guideline value of K.K.D. Nagar 4th Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,500 per sq.ft in 2023 to Rs 2,700 per sq.ft in 2024, marking an 8% increase. There was no change from 2012 to 2023, with the value remaining at Rs 2,500 per sq.ft.

What is the land classification for K.K.D. Nagar 4th Main Road?

K.K.D. Nagar 4th Main Road falls under the Residential Class I Type - I land classification, indicating its suitability for residential development.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles the registration of properties in the K.K.D. Nagar area.

How is stamp duty calculated for properties in K.K.D. Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 27,00,000 would incur a stamp duty of Rs 1,89,000 at a rate of 7%.