Guideline Value

Corporate

Guideline Value for K.K.Nagar 12th Sector 75th Street

₹7000/sq.ft.

The guideline value for K.k.nagar 12th Sector 75th 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 ₹6500 /sq.ft.
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 12th Sector 75th 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 12th Sector 75th Street guideline value

The current guideline value of K.K.Nagar 12th Sector 75th Street is Rs 7,000 per sq.ft, effective from the 2024 revision. This street is located in Kodambakkam village under the Ashok Nagar SRO, classified as Residential Special Type - III.

How the guideline value of K.K.Nagar 12th Sector 75th Street has changed

Over the years, the guideline value of K.K.Nagar 12th Sector 75th Street has seen significant changes. The 2007 revision recorded a value of Rs 1,210 per sq.ft, which increased dramatically to Rs 6,500 per sq.ft in the 2012 revision, marking a rise of 437%. However, the value dropped to Rs 4,355 per sq.ft in 2017, a decrease of 33%. The 2023 revision set the value at Rs 6,500 per sq.ft, and the most recent 2024 revision has increased it to Rs 7,000 per sq.ft, reflecting an 8% increase.

From 2017 to 2023, the guideline value increased by 49%. Overall, from the 2007 revision to the 2024 revision, there has been a substantial increase of 479%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Kodambakkam

Kodambakkam village has a total of 1,031 streets under the Ashok Nagar SRO, with guideline values ranging from Rs 2,200 to Rs 11,000 per sq.ft. The median guideline value in this area is Rs 4,900 per sq.ft, and K.K.Nagar 12th Sector 75th Street's 2024 figure is above this median.

Stamp duty and registration fee for property in K.K.Nagar 12th Sector 75th Street

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

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.K.Nagar 12th Sector 75th Street?

The Sub Registrar Office that covers K.K.Nagar 12th Sector 75th Street is the Ashok Nagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kodambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on the official value set by the government.

When a property transaction occurs, the guideline value helps determine the taxes payable, which must be settled at the time of registration. Buyers and sellers should be aware of the current guideline value to accurately assess their financial obligations during the transaction.

Frequently asked questions

What is the current guideline value of K.K.Nagar 12th Sector 75th Street?

The current guideline value of K.K.Nagar 12th Sector 75th Street is Rs 7,000 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,210 per sq.ft in 2007 to Rs 7,000 per sq.ft in 2024, reflecting an overall increase of 479% over the years.

What is the median guideline value in Kodambakkam?

The median guideline value in Kodambakkam is Rs 4,900 per sq.ft, with K.K.Nagar 12th Sector 75th Street's 2024 figure being above this median.

What are the stamp duty and registration fees for properties in K.K.Nagar 12th Sector 75th Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 70,00,000, resulting in a stamp duty of Rs 4,90,000 and a registration fee of Rs 1,40,000, totaling Rs 6,30,000.

Which SRO covers K.K.Nagar 12th Sector 75th Street?

The Ashok Nagar Sub Registrar Office covers K.K.Nagar 12th Sector 75th Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.