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Guideline Value

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Guideline Value for K.K.Nagar 6th Sector 32nd Street

₹7150/sq.ft.

The guideline value for K.k.nagar 6th Sector 32nd 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 32nd Street

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K.K.Nagar 6th Sector 32nd Street guideline value

The current guideline value for K.K.Nagar 6th Sector 32nd Street is Rs 7,150 per sq.ft, effective from 1 July 2024. This street is located in Virugambakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of K.K.Nagar 6th Sector 32nd Street has changed

The guideline value for K.K.Nagar 6th Sector 32nd Street has seen significant changes over the years. In the 2007 revision, the value was Rs 2,650 per sq.ft, which increased to Rs 6,500 per sq.ft in 2012, marking a 145% increase. However, in the 2017 revision, the value decreased to Rs 4,355 per sq.ft, reflecting a 33% drop. The 2023 revision saw the value rise again to Rs 6,500 per sq.ft, and the most recent 2024 revision has set it at Rs 7,150 per sq.ft, which is a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from the 2007 revision to the current 2024 revision, the guideline value has increased by 170%.

Guideline values in Virugambakkam

In Virugambakkam, there are a total of 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 guideline value in this area is Rs 4,400 per sq.ft, placing K.K.Nagar 6th Sector 32nd Street above this median.

Stamp duty and registration fee for property in K.K.Nagar 6th Sector 32nd Street

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

Which Sub Registrar Office covers K.K.Nagar 6th Sector 32nd Street?

The K.K.Nagar 6th Sector 32nd Street is covered by the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Virugambakkam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

Frequently asked questions

What is the current guideline value of K.K.Nagar 6th Sector 32nd Street?

The current guideline value of K.K.Nagar 6th Sector 32nd 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 significantly, from Rs 2,650 per sq.ft in 2007 to Rs 7,150 per sq.ft in 2024, marking an overall increase of 170%.

What is the median guideline value in Virugambakkam?

The median guideline value in Virugambakkam is Rs 4,400 per sq.ft, which is lower than the current guideline value of K.K.Nagar 6th Sector 32nd Street.

What are the registration fees for property in K.K.Nagar 6th Sector 32nd Street?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for K.K.Nagar 6th Sector 32nd Street?

The Virugambakkam Sub Registrar Office covers K.K.Nagar 6th Sector 32nd Street and is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.