Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for K.K.Nagar 9th Sector 51st Street

₹7150/sq.ft.

The guideline value for K.k.nagar 9th Sector 51st 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 9th Sector 51st Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

K.K.Nagar 9th Sector 51st Street guideline value

The current guideline value of K.K.Nagar 9th Sector 51st 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 9th Sector 51st Street has changed

The guideline value for K.K.Nagar 9th Sector 51st Street has undergone several revisions over the years. In 2007, the guideline value was Rs 2,650 per sq.ft. This increased significantly to Rs 6,500 per sq.ft in 2012, reflecting a rise of 145%. However, there was a decrease to Rs 4,355 per sq.ft in 2017, marking a drop of 33%. The value then surged to Rs 6,500 per sq.ft in 2023, an increase of 49%. The most recent revision in 2024 set the guideline value at Rs 7,150 per sq.ft, a 10% increase from the previous year.

It is important to note that the register has no figures 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, with a median value of Rs 4,400 per sq.ft. The guideline value of K.K.Nagar 9th Sector 51st Street is above this median.

Stamp duty and registration fee for property in K.K.Nagar 9th Sector 51st 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, making the total cost for these fees 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.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.K.Nagar 9th Sector 51st Street?

The Sub Registrar Office that covers K.K.Nagar 9th Sector 51st Street is 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 is a crucial factor in the property registration process in Virugambakkam. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory during the registration of property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly affects the overall costs involved in the property transaction. Accurate knowledge of these values ensures compliance with local regulations and helps in budgeting for the purchase or sale of property.

Frequently asked questions

What is the current guideline value of K.K.Nagar 9th Sector 51st Street?

The current guideline value of K.K.Nagar 9th Sector 51st 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, reflecting an overall increase of 170% over the years.

What is the land classification for K.K.Nagar 9th Sector 51st Street?

The land classification for K.K.Nagar 9th Sector 51st Street is Residential Special Type - I.

Where can I find the Sub Registrar Office for K.K.Nagar 9th Sector 51st Street?

The Sub Registrar Office for K.K.Nagar 9th Sector 51st Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How is the stamp duty calculated for properties in K.K.Nagar 9th Sector 51st Street?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 71,50,000, the stamp duty would be Rs 5,00,500.