Guideline Value

Corporate

Guideline Value for K.K.NAGAR EXTN-II

₹400/sq.ft.

The guideline value for K.k.nagar Extn-ii 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 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)

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-ii

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K.K.Nagar Extn-II guideline value

The current guideline value of K.K.Nagar Extn-II 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-II has changed

The guideline value for K.K.Nagar Extn-II has undergone several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which remained unchanged until the 2023 revision, which also recorded Rs 400 per sq.ft. The 2017 revision saw a significant increase to Rs 268 per sq.ft, marking a 49% rise from the previous figure. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.

Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 400 per sq.ft. The most recent change from 2023 to 2024 shows no increase, maintaining the value at Rs 400 per sq.ft.

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 the same as the guideline value for K.K.Nagar Extn-II. Below are the guideline values for other streets in Venkatapuram:

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

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total to 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-II?

K.K.Nagar Extn-II falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the 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 is a crucial factor in the registration process when buying or selling property in Venkatapuram. It serves as a benchmark for determining the stamp duty and registration fees payable during the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is in compliance with local regulations. Buyers and sellers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of K.K.Nagar Extn-II?

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

How has the guideline value changed over the years?

The guideline value for K.K.Nagar Extn-II has remained at Rs 400 per sq.ft since 2012, with no change from 2023 to 2024. The only significant change occurred between 2017 and 2023, where it increased by 49% from Rs 268 per sq.ft.

What is the land classification for K.K.Nagar Extn-II?

K.K.Nagar Extn-II is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for K.K.Nagar Extn-II?

The Chengleput Joint II Sub Registrar Office, which covers K.K.Nagar Extn-II, is located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

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

Stamp duty for properties in K.K.Nagar Extn-II is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 4,00,000 would incur a stamp duty of Rs 28,000 at 7%.