Guideline Value

Corporate

Guideline Value for K.K.Nagar 7th Sector 33rd Street

₹7150/sq.ft.

The guideline value for K.k.nagar 7th Sector 33rd 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 7th Sector 33rd Street

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K.K.Nagar 7th Sector 33rd Street guideline value

The current guideline value for K.K.Nagar 7th Sector 33rd Street is Rs 7,150 per sq.ft, effective from 1 July 2024. This street is located in Virugambakkam village, under the Virugambakkam SRO, and is classified as Residential Special Type - I.

How the guideline value of K.K.Nagar 7th Sector 33rd Street has changed

Over the years, the guideline value for K.K.Nagar 7th Sector 33rd Street has seen several revisions. The earliest recorded figure is from 2007, where the value was Rs 2,650 per sq.ft. This was followed by a significant increase to Rs 6,500 per sq.ft in 2012, which then decreased to Rs 4,355 per sq.ft in 2017. The value rose again to Rs 6,500 per sq.ft in 2023 and has now reached Rs 7,150 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2007 to 2012, there was a remarkable increase of 145%, but this was followed by a decrease of 33% from 2012 to 2017. The guideline value then increased by 49% from 2017 to 2023. Overall, from 2007 to 2024, the guideline value has increased by 170%. The register has no figures for the years 2002 and 2003 for this street.

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, with a median value of Rs 4,400 per sq.ft. K.K.Nagar 7th Sector 33rd Street's current guideline value is above this median.

Stamp duty and registration fee for property in K.K.Nagar 7th Sector 33rd 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, 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 and 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 7th Sector 33rd Street?

The K.K.Nagar 7th Sector 33rd Street falls under the jurisdiction of the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO online for more information.

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

The guideline value plays a crucial role during property registration in Virugambakkam. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers must be aware that the registration fees and stamp duty are calculated based on this guideline value or the sale price, whichever is higher.

When engaging in property transactions, it is essential to consult the guideline value to ensure compliance with local regulations. This helps to avoid any potential disputes during the registration process.

Frequently asked questions

What is the current guideline value for K.K.Nagar 7th Sector 33rd Street?

The current guideline value for K.K.Nagar 7th Sector 33rd 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, representing an overall increase of 170%.

What are the other streets with the same guideline value in Virugambakkam?

Other streets in Virugambakkam with the same guideline value of Rs 7,150 per sq.ft include K.K.Nagar 7th Sector 34th Street, K.K.Nagar 6th Sector 32nd Street, K.K.Nagar 7th Sector 35th Street, K.K.Nagar 6th Sector 31st Street, K.K.Nagar 7th Sector 36th Street, and K.K.Nagar 6th Sector 30th Street.

What is the registration fee for a property in K.K.Nagar 7th Sector 33rd Street?

The registration fee for a property in K.K.Nagar 7th Sector 33rd Street is calculated at 2% of the guideline value. For a 1,000 sq.ft plot, this would amount to Rs 1,43,000.

Where is the Sub Registrar Office for K.K.Nagar 7th Sector 33rd Street located?

The Virugambakkam Sub Registrar Office, which covers K.K.Nagar 7th Sector 33rd Street, is located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.