Guideline Value for K.K.Nagar 11th Sector 69th Street

₹7000/sq.ft.

The guideline value for K.k.nagar 11th Sector 69th 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 N/A
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 11th Sector 69th Street

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K.K.Nagar 11th Sector 69th Street guideline value

The current guideline value of K.K.Nagar 11th Sector 69th Street is Rs 7,000 per sq.ft, effective from 1 July 2024. This street is located in Kodambakkam village and falls under the Ashok Nagar SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of K.K.Nagar 11th Sector 69th Street has changed

Over the years, the guideline value for K.K.Nagar 11th Sector 69th Street has seen significant changes. The 2007 revision recorded a value of Rs 1,210 per sq.ft, which increased to Rs 4,355 per sq.ft in 2017, marking a change of 260%. By the 2023 revision, the value rose to Rs 6,500 per sq.ft, reflecting a 49% increase from 2017. The most recent 2024 revision has set the value at Rs 7,000 per sq.ft, an 8% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2012 for this street. Overall, from 2007 to 2024, the guideline value has increased by 479%.

Guideline values in Kodambakkam

In Kodambakkam, there are 1,031 streets under the Ashok Nagar SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 11,000 per sq.ft, with a median of Rs 4,900 per sq.ft. The guideline value for K.K.Nagar 11th Sector 69th Street is above this median.

Stamp duty and registration fee for property in K.K.Nagar 11th Sector 69th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,000 per sq.ft, the total guideline value is 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, totaling Rs 6,30,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.K.Nagar 11th Sector 69th Street?

The Sub Registrar Office that covers K.K.Nagar 11th Sector 69th Street is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By 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 plays a crucial role during the registration process of property transactions in Kodambakkam. It serves as a basis for calculating the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer or seller approaches the registration office, the guideline value is referenced to determine the applicable fees. This ensures that the transaction is recorded accurately and complies with the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of K.K.Nagar 11th Sector 69th Street?

The current guideline value of K.K.Nagar 11th Sector 69th 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 increased from Rs 1,210 per sq.ft in 2007 to Rs 7,000 per sq.ft in 2024, reflecting a significant overall increase of 479%.

What is the land classification for this area?

The land classification for K.K.Nagar 11th Sector 69th Street is Residential Special Type - III.

What are the stamp duty and registration fees for a property in this area?

For a property valued at Rs 70,00,000, the stamp duty would be Rs 4,90,000 and the registration fee would be Rs 1,40,000, totaling Rs 6,30,000.

Which Sub Registrar Office covers K.K.Nagar 11th Sector 69th Street?

The Ashok Nagar Sub Registrar Office covers K.K.Nagar 11th Sector 69th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.