Guideline Value

Corporate

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

₹7150/sq.ft.

The guideline value for K.k.nagar 11th Sector 69th 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 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 7,150 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 11th Sector 69th Street has changed

The guideline value for K.K.Nagar 11th Sector 69th Street has seen several revisions over the years. In 2007, the guideline value was Rs 2,650 per sq.ft, which increased significantly to Rs 6,500 per sq.ft in 2012. However, there was a decrease to Rs 4,355 per sq.ft in 2017. Following this, the value rose to Rs 6,500 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 7,150 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the increase was 49%, while from 2023 to 2024, there was a 10% rise. Overall, from 2007 to 2024, the guideline value has increased by 170%. The fluctuations in the guideline value reflect changes in the real estate landscape over the years.

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. K.K.Nagar 11th Sector 69th Street's 2024 figure 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 rate of Rs 7,150 per sq.ft, the 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 Rs 6,43,500. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

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 Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. You can find your SRO for further assistance.

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

The guideline value is a critical factor when registering property transactions in Virugambakkam. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the sale or purchase of property.

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 7,150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,650 per sq.ft in 2007 to Rs 7,150 per sq.ft in 2024, reflecting a total increase of 170% over the years.

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

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total costs would amount to Rs 6,43,500.

Which office handles registrations for K.K.Nagar 11th Sector 69th Street?

The Virugambakkam Sub Registrar Office handles registrations for K.K.Nagar 11th Sector 69th Street, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.

Where can I find more information on guideline values in Virugambakkam?

More information on guideline values in Virugambakkam can be found through the Registration Department's guideline value register (TNReginet) or by visiting the local Sub Registrar Office.