Guideline Value

Corporate

Guideline Value for K.K.Nagar 6th Sector 30th Street

₹7000/sq.ft.

The guideline value for K.k.nagar 6th Sector 30th Street in Kodambakkam village (Ashok Nagar SRO, Chennai zone) is Rs 7000 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodambakkam

Village

Ashok Nagar

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹7000 /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 ₹1210 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561082
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 30th Street

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K.K.Nagar 6th Sector 30th Street guideline value

The current guideline value of K.K.Nagar 6th Sector 30th Street is Rs 7,000 per sq.ft, effective from 1 July 2024. This street is located in Kodambakkam village under the Ashok Nagar SRO, classified as Residential Special Type - III.

How the guideline value of K.K.Nagar 6th Sector 30th Street has changed

The guideline value for K.K.Nagar 6th Sector 30th Street has seen several revisions over the years. The 2007 revision set the value at Rs 1,210 per sq.ft, which increased significantly to Rs 6,500 per sq.ft in 2012. However, this value decreased to Rs 4,355 per sq.ft in 2017. The subsequent revisions saw an increase, with the 2023 figure at Rs 6,500 per sq.ft, and the current 2024 revision at Rs 7,000 per sq.ft, representing an 8% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 479%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kodambakkam

In Kodambakkam, there are 1,031 streets under the Ashok Nagar SRO with a 2024 guideline value range from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value in this area is Rs 4,900 per sq.ft, making the 2024 figure for K.K.Nagar 6th Sector 30th Street above this median.

Stamp duty and registration fee for property in K.K.Nagar 6th Sector 30th Street

For a 1,000 sq.ft plot at the current rate of Rs 7,000 per sq.ft, the guideline value amounts to Rs 70,00,000. The stamp duty at 7% would be Rs 4,90,000, and the registration fee at 2% would be Rs 1,40,000, bringing the total to Rs 6,30,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.K.Nagar 6th Sector 30th Street?

The K.K.Nagar 6th Sector 30th Street falls under the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Kodambakkam, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are accurately assessed based on the property's value.

It is essential for buyers and sellers to be aware of the current guideline value, as it can affect the overall cost of the transaction. This value is regularly updated, so staying informed about any changes is important for anyone involved in property transactions in the area.

Frequently asked questions

What is the current guideline value of K.K.Nagar 6th Sector 30th Street?

The current guideline value of K.K.Nagar 6th Sector 30th Street is Rs 7,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,210 per sq.ft in 2007 to Rs 7,000 per sq.ft in 2024, marking an overall increase of 479% over the years.

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

For a property valued at Rs 70,00,000, the stamp duty would be Rs 4,90,000 and the registration fee would be Rs 1,40,000, totaling Rs 6,30,000.

Which Sub Registrar Office is responsible for K.K.Nagar 6th Sector 30th Street?

The Ashok Nagar Sub Registrar Office is responsible for K.K.Nagar 6th Sector 30th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the median guideline value in Kodambakkam?

The median guideline value in Kodambakkam is Rs 4,900 per sq.ft, with K.K.Nagar 6th Sector 30th Street's value being above this median at Rs 7,000 per sq.ft.