Guideline Value

Corporate

Guideline Value for K.K.Nagar 15th Sector 100th Street

₹7000/sq.ft.

The guideline value for K.k.nagar 15th Sector 100th 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 N/A
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 15th Sector 100th 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 15th Sector 100th Street guideline value

The current guideline value for K.K.Nagar 15th Sector 100th 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 15th Sector 100th Street has changed

The guideline value for K.K.Nagar 15th Sector 100th Street has seen significant changes over the years. In the 2007 revision, the value was set at Rs 1,210 per sq.ft. This figure increased dramatically to Rs 6,500 per sq.ft in both the 2012 and 2023 revisions. The most recent revision in 2024 saw another increase to Rs 7,000 per sq.ft, reflecting an 8% rise from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 479%. Notably, there are no recorded figures for this street in the revisions of 2002, 2003, and 2017.

Guideline values in Kodambakkam

In Kodambakkam, there are 1,031 streets under the Ashok Nagar SRO with a 2024 guideline value range from Rs 2,200 to Rs 11,000 per sq.ft. The median value for these streets is Rs 4,900 per sq.ft, making the guideline value for K.K.Nagar 15th Sector 100th Street notably above this median.

Stamp duty and registration fee for property in K.K.Nagar 15th Sector 100th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,000 per sq.ft, the total guideline value would be Rs 70,00,000. The stamp duty at 7% would amount to Rs 4,90,000, and the registration fee at 2% would be Rs 1,40,000, making the total charges together Rs 6,30,000. It is important to note that 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 more detailed calculations.

Which Sub Registrar Office covers K.K.Nagar 15th Sector 100th Street?

The K.K.Nagar 15th Sector 100th Street is covered by 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 is a crucial factor during the registration of property transactions in Kodambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is sold, the guideline value helps ensure that the transaction is registered at a fair price, reflecting the current market conditions as established by the government. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value for K.K.Nagar 15th Sector 100th Street?

The current guideline value for K.K.Nagar 15th Sector 100th Street is Rs 7,000 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 1,210 per sq.ft in 2007 to Rs 7,000 per sq.ft in 2024, which is an overall increase of 479%.

What is the land classification for K.K.Nagar 15th Sector 100th Street?

The land classification for K.K.Nagar 15th Sector 100th Street is Residential Special Type - III.

Where can I find the Ashok Nagar Sub Registrar Office?

The Ashok Nagar Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.

How is stamp duty calculated for properties in K.K.Nagar 15th Sector 100th Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 70,00,000, the stamp duty would be Rs 4,90,000 at the rate of 7%.