Guideline Value

Corporate

Guideline Value for K.K.NAGAR EXTN-III

₹400/sq.ft.

The guideline value for K.k.nagar Extn-iii in Venkatapuram village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Venkatapuram

Village

Chengleput Joint II

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹60 /sq.ft.
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on K.k.nagar Extn-iii

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

K.K.Nagar Extn-III guideline value

The current guideline value for K.K.Nagar Extn-III is Rs 400 per sq.ft, effective from 1 July 2024. This property is located in Venkatapuram village, under the Chengleput Joint II SRO, and is classified as Residential Class I Type - I.

How the guideline value of K.K.Nagar Extn-III has changed

The guideline value for K.K.Nagar Extn-III has undergone several revisions over the years. In 2007, the value was set at Rs 60 per sq.ft. This increased significantly to Rs 400 per sq.ft in 2012, marking a rise of 567%. However, in 2017, the value decreased to Rs 268 per sq.ft, which was a drop of 33%. The value then rose again to Rs 400 per sq.ft in 2023, and it has remained the same in the 2024 revision.

From 2017 to 2023, the guideline value increased by 49%, and from 2007 to 2024, it has seen an overall increase of 567%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Venkatapuram

In Venkatapuram, there are 29 streets under the Chengleput Joint II SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,500 per sq.ft. The median value is Rs 400 per sq.ft, which is equal to the 2024 figure for K.K.Nagar Extn-III. Below are the guideline values for other streets in Venkatapuram:

Stamp duty and registration fee for property in K.K.Nagar Extn-III

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.K.Nagar Extn-III?

The K.K.Nagar Extn-III area is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Venkatapuram. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory when completing property transactions.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to determine the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for K.K.Nagar Extn-III?

The current guideline value for K.K.Nagar Extn-III is Rs 400 per sq.ft, effective from 1 July 2024.

How have the guideline values changed over the years?

The guideline values have changed significantly from Rs 60 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreased to Rs 268 per sq.ft in 2017, before returning to Rs 400 per sq.ft in 2023 and 2024.

What is the classification of land in K.K.Nagar Extn-III?

The land in K.K.Nagar Extn-III is classified as Residential Class I Type - I, which is a designation for residential properties.

Where can I find the Chengleput Joint II SRO?

The Chengleput Joint II SRO is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

How is the stamp duty calculated for properties in K.K.Nagar Extn-III?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at Rs 400 per sq.ft would have a guideline value of Rs 4,00,000, leading to a total stamp duty and registration fee of Rs 36,000.