Guideline Value

Corporate

Guideline Value for K.K.Nagar 10th Sector 60th Street

₹7150/sq.ft.

The guideline value for K.k.nagar 10th Sector 60th 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 60th 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 60th Street guideline value

The current guideline value of K.K.Nagar 10th Sector 60th 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 10th Sector 60th Street has changed

The guideline value of K.K.Nagar 10th Sector 60th Street has seen several revisions over the years. In 2007, the value was Rs 2,650 per sq.ft, which increased significantly to Rs 6,500 per sq.ft in 2012, marking an increase of 145%. However, from 2012 to 2017, the value decreased to Rs 4,355 per sq.ft, a decline of 33%. The value then rose to Rs 6,500 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value 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 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. The median value across these streets is Rs 4,400 per sq.ft, positioning K.K.Nagar 10th Sector 60th Street above this median.

Stamp duty and registration fee for property in K.K.Nagar 10th Sector 60th 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, bringing the total to Rs 6,43,500. Please note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers K.K.Nagar 10th Sector 60th Street?

K.K.Nagar 10th Sector 60th 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 for more information.

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

The guideline value is a crucial factor in property transactions in Virugambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

During the registration process, the guideline value is used to calculate applicable fees, such as stamp duty and registration fees. This ensures that the transaction is recorded accurately and reflects the current market standards set by the authorities.

Frequently asked questions

What is the current guideline value of K.K.Nagar 10th Sector 60th Street?

The current guideline value of K.K.Nagar 10th Sector 60th 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 over the years, with the most recent increase of 10% from Rs 6,500 per sq.ft in 2023 to Rs 7,150 per sq.ft in 2024.

What is the classification of land in K.K.Nagar 10th Sector 60th Street?

The land classification for K.K.Nagar 10th Sector 60th Street is Residential Special Type - I.

Where can I find the Sub Registrar Office for K.K.Nagar 10th Sector 60th Street?

The Virugambakkam Sub Registrar Office covers K.K.Nagar 10th Sector 60th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

How is the stamp duty calculated for properties in K.K.Nagar 10th Sector 60th Street?

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