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Guideline Value

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Guideline Value for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road

₹2200/sq.ft.

The guideline value for K.k.d. Nagar 8th Block 3rd Lane 10th Main Road in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /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 8th Block 3rd Lane 10th Main Road

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K.K.D. Nagar 8th Block 3rd Lane 10th Main Road guideline value

The current guideline value for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road is Rs 2,200 per sq.ft, effective from 1 July 2024. This property is located in Kodungaiyur village and falls under the Madhavaram SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of K.K.D. Nagar 8th Block 3rd Lane 10th Main Road has changed

The guideline value for K.K.D. Nagar 8th Block 3rd Lane has undergone several revisions over the years. The first recorded revision was in 2012, setting the guideline value at Rs 2,000 per sq.ft. This was followed by a decrease in 2017, where the value dropped to Rs 1,340 per sq.ft. However, from 2017 to the latest revision in 2024, there has been a significant increase of 64%, bringing the guideline value to Rs 2,200 per sq.ft.

Overall, comparing the figures from 2012 to 2024 shows a slight increase of 10%. It is important to note that there are no recorded figures for the years 2023, 2007, 2003, and 2002 for this street in the guideline value register.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value, ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value for these streets is Rs 2,700 per sq.ft, indicating that the guideline value for K.K.D. Nagar 8th Block 3rd Lane is below the median.

Stamp duty and registration fee for property in K.K.D. Nagar 8th Block 3rd Lane 10th Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total cost for these fees Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers K.K.D. Nagar 8th Block 3rd Lane 10th Main Road?

The K.K.D. Nagar 8th Block 3rd Lane 10th Main Road falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Kodungaiyur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the guideline value or the sale price, whichever is higher, thus impacting the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road?

The current guideline value for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 2,000 per sq.ft in 2012, dropping to Rs 1,340 per sq.ft in 2017, and then increasing to Rs 2,200 per sq.ft in 2024.

What is the land classification for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road?

The land classification for K.K.D. Nagar 8th Block 3rd Lane 10th Main Road is Residential Class II Type - I.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in this area is 7%, which is calculated based on the higher of the guideline value or the sale price.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find more details by following the provided link.