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Guideline Value

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Guideline Value for K.K.Nagar 6th Sector 28th Street

₹7150/sq.ft.

The guideline value for K.k.nagar 6th Sector 28th Street in Virugambakkam village (Virugambakkam SRO, Chennai zone) is Rs 7150 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Virugambakkam

Village

Virugambakkam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹7150 /sq.ft.
From 1-4-2023 ₹6500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4355 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2650 /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)

No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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.nagar 6th Sector 28th Street

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K.K.Nagar 6th Sector 28th Street guideline value

The current guideline value of K.K.Nagar 6th Sector 28th Street is Rs 7,150 per sq.ft, effective from 1 July 2024. This street is located in Virugambakkam village and falls under the jurisdiction of the Virugambakkam SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of K.K.Nagar 6th Sector 28th Street has changed

The guideline value for K.K.Nagar 6th Sector 28th Street has seen several revisions over the years. The earliest recorded figure is from 2007, when it was Rs 2,650 per sq.ft. This increased significantly to Rs 6,500 per sq.ft in 2012, marking a rise of 145%. However, it dropped to Rs 4,355 per sq.ft in 2017, a decrease of 33%. The value then surged to Rs 6,500 per sq.ft in 2023, reflecting a 49% increase. The latest revision in 2024 set the value at Rs 7,150 per sq.ft, representing a 10% increase from the previous year.

It is important to note that there are no figures available for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 170%.

Guideline values in Virugambakkam

In Virugambakkam, there are 391 streets under the Virugambakkam SRO that carry a 2024 guideline value ranging from Rs 2,750 to Rs 13,200 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, placing K.K.Nagar 6th Sector 28th Street's 2024 figure above this median.

Stamp duty and registration fee for property in K.K.Nagar 6th Sector 28th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,150 per sq.ft, the total guideline value amounts to Rs 71,50,000. The stamp duty at 7% would be Rs 5,00,500, and the registration fee at 2% would be Rs 1,43,000, bringing the total to Rs 6,43,500. 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 detailed calculations.

Which Sub Registrar Office covers K.K.Nagar 6th Sector 28th Street?

The K.K.Nagar 6th Sector 28th Street falls under the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during the registration process when buying or selling property in Virugambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When a property is sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of K.K.Nagar 6th Sector 28th Street?

The current guideline value of K.K.Nagar 6th Sector 28th Street is Rs 7,150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,650 per sq.ft in 2007 to Rs 7,150 per sq.ft in 2024, which is an overall increase of 170% over the years.

What is the land classification for K.K.Nagar 6th Sector 28th Street?

The land classification for K.K.Nagar 6th Sector 28th Street is Residential Special Type - I.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 71,50,000, the stamp duty would be Rs 5,00,500 and the registration fee would be Rs 1,43,000, totaling Rs 6,43,500.

Where is the Sub Registrar Office for K.K.Nagar 6th Sector 28th Street located?

The Virugambakkam Sub Registrar Office is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.