Guideline Value

Corporate

Guideline Value for K.K.Nagar 2nd street

₹2200/sq.ft.

The guideline value for K.k.nagar 2nd Street in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 2nd Street

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K.K.Nagar 2nd street guideline value

The current guideline value of K.K.Nagar 2nd street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - II.

How the guideline value of K.K.Nagar 2nd street has changed

The guideline value for K.K.Nagar 2nd street has seen changes over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, while the 2024 revision increased it to Rs 2,200 per sq.ft, marking a change of +10% from the earlier figure. The register has no figure for this street in the years 2002, 2003, 2007, 2017, and 2023.

In summary, the 2012 revision was the last recorded figure before the 2024 update, which reflects the current guideline value. The absence of figures for the intervening years indicates that no official changes were recorded for K.K.Nagar 2nd street during those times.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft as of 2024. The median guideline value in this village is Rs 2,400 per sq.ft, placing K.K.Nagar 2nd street's 2024 figure below that median.

Stamp duty and registration fee for property in K.K.Nagar 2nd street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers K.K.Nagar 2nd street?

K.K.Nagar 2nd street falls under the Ambattur Sub Registrar Office located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that a buyer must pay when purchasing property.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair price, based on the established rates for that area. This process aids in maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of K.K.Nagar 2nd street?

The current guideline value of K.K.Nagar 2nd street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024, reflecting a +10% increase. The register has no figures for the years 2002, 2003, 2007, 2017, and 2023 for this street.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, which is higher than the current value of K.K.Nagar 2nd street.

What are the stamp duty and registration fees for properties in K.K.Nagar 2nd street?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which office handles registrations for K.K.Nagar 2nd street?

The Ambattur Sub Registrar Office handles registrations for K.K.Nagar 2nd street. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.