Guideline Value

Corporate

Guideline Value for K.K.Nagar 10th Sector 58th Street

₹7150/sq.ft.

The guideline value for K.k.nagar 10th Sector 58th 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 10th Sector 58th 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 10th Sector 58th Street guideline value

The current guideline value of K.K.Nagar 10th Sector 58th 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 the land classification is Residential Special Type - I.

How the guideline value of K.K.Nagar 10th Sector 58th Street has changed

The guideline value for K.K.Nagar 10th Sector 58th Street has seen several revisions over the years. The 2007 revision set the value at Rs 2,650 per sq.ft, which increased significantly to Rs 6,500 per sq.ft in the 2012 revision. However, the value dropped to Rs 4,355 per sq.ft in 2017. Following this, the 2023 revision raised it to Rs 6,500 per sq.ft, and the most recent 2024 revision brought it up to Rs 7,150 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 170%. The revisions for the years 2002 and 2003 do not have figures available for this street.

Guideline values in Virugambakkam

In Virugambakkam, there are 391 streets under the Virugambakkam SRO with a 2024 guideline value ranging from Rs 2,750 to Rs 13,200 per sq.ft. The median value is Rs 4,400 per sq.ft, placing K.K.Nagar 10th Sector 58th Street's value above this median.

Stamp duty and registration fee for property in K.K.Nagar 10th Sector 58th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,150 per sq.ft, the total guideline value is 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 fees Rs 6,43,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.K.Nagar 10th Sector 58th Street?

The K.K.Nagar 10th Sector 58th Street falls under the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor during the registration of property transactions in Virugambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value recognized by the government.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This ensures transparency and helps in assessing the appropriate fees that need to be paid during the transaction process.

Frequently asked questions

What is the current guideline value of K.K.Nagar 10th Sector 58th Street?

The current guideline value of K.K.Nagar 10th Sector 58th Street is Rs 7,150 per sq.ft, effective from 1 July 2024.

How much 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 are the registration fees for property in K.K.Nagar 10th Sector 58th Street?

For a property valued at Rs 71,50,000, the stamp duty would be Rs 5,00,500, and the registration fee would be Rs 1,43,000, totaling Rs 6,43,500.

Which Sub Registrar Office covers this area?

The Virugambakkam Sub Registrar Office covers K.K.Nagar 10th Sector 58th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

What is the land classification for K.K.Nagar 10th Sector 58th Street?

The land classification for K.K.Nagar 10th Sector 58th Street is Residential Special Type - I, indicating its suitability for residential development.