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Guideline Value

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Guideline Value for K.K.Nagar 9th Sector 46th Street

₹7000/sq.ft.

The guideline value for K.k.nagar 9th Sector 46th 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 9th Sector 46th Street

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K.K.Nagar 9th Sector 46th Street guideline value

The current guideline value of K.K.Nagar 9th Sector 46th 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 9th Sector 46th Street has changed

The guideline value for K.K.Nagar 9th Sector 46th Street has seen several revisions over the years. In 2007, the guideline value was Rs 1,210 per sq.ft, which increased significantly to Rs 6,500 per sq.ft in 2012. However, it then decreased to Rs 4,355 per sq.ft in 2017. Following this, the value rose to Rs 6,500 per sq.ft in 2023, and currently stands at Rs 7,000 per sq.ft as of the 2024 revision.

From 2017 to 2023, there was a notable increase of 49%, and from 2023 to 2024, the increase was 8%. The overall change from the 2007 revision to the current 2024 value reflects a substantial rise of 479%. It is important to note that there are no figures recorded for this street in the years 2002 and 2003.

Guideline values in Kodambakkam

Kodambakkam village has a total of 1,031 streets under the Ashok Nagar SRO, with guideline values ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median value in this area is Rs 4,900 per sq.ft, making the current guideline value of K.K.Nagar 9th Sector 46th Street above the median.

Stamp duty and registration fee for property in K.K.Nagar 9th Sector 46th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,000 per sq.ft, the total 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, making the total cost for these fees Rs 6,30,000. It is important to note that 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 9th Sector 46th Street?

The Sub Registrar Office that covers K.K.Nagar 9th Sector 46th Street is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the 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 when registering property transactions in Kodambakkam. It serves as the basis for determining the stamp duty and registration fees that need to be paid during the transaction process.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of K.K.Nagar 9th Sector 46th Street?

The current guideline value of K.K.Nagar 9th Sector 46th 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 from Rs 1,210 per sq.ft in 2007 to Rs 7,000 per sq.ft in 2024, reflecting an overall increase of 479% over the years.

What is the registration office for K.K.Nagar 9th Sector 46th Street?

The registration office for K.K.Nagar 9th Sector 46th Street is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the stamp duty on property in K.K.Nagar 9th Sector 46th Street?

The stamp duty for property in K.K.Nagar 9th Sector 46th Street is 7% of the guideline value or sale price, whichever is higher.

How many streets are there in Kodambakkam under Ashok Nagar SRO?

There are a total of 1,031 streets in Kodambakkam under the Ashok Nagar SRO, with varying guideline values.