Guideline Value

Corporate

Guideline Value for K.K.Nagar Sutharsan Street

₹2200/sq.ft.

The guideline value for K.k.nagar Sutharsan 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 ₹1340 /sq.ft.
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 Sutharsan Street

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K.K.Nagar Sutharsan Street guideline value

The current guideline value of K.K.Nagar Sutharsan Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of K.K.Nagar Sutharsan Street has changed

The guideline value for K.K.Nagar Sutharsan Street has seen several revisions over the years. In the 2012 revision, the value was Rs 2,000 per sq.ft, which decreased to Rs 1,340 per sq.ft in the 2017 revision. This change reflects a decrease of 33%. However, from 2017 to 2024, the value increased significantly to Rs 2,200 per sq.ft, marking a rise of 64%. Overall, from 2012 to 2024, there has been a slight increase of 10%.

The register has no figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, positioning K.K.Nagar Sutharsan Street's 2024 figure below this median.

Stamp duty and registration fee for property in K.K.Nagar Sutharsan Street

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers K.K.Nagar Sutharsan Street?

The K.K.Nagar Sutharsan 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.

To find your SRO, visit find your SRO.

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

The guideline value is a critical factor during property registration in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are essential components of the overall transaction cost.

Frequently asked questions

What is the current guideline value of K.K.Nagar Sutharsan Street?

The current guideline value of K.K.Nagar Sutharsan 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 has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, and then to Rs 2,200 per sq.ft in 2024. This reflects a decrease of 33% from 2012 to 2017, followed by an increase of 64% from 2017 to 2024.

What is the registration fee for properties in K.K.Nagar Sutharsan Street?

The registration fee for properties is calculated at 2% of the guideline value. For a property valued at Rs 22,00,000, the registration fee would be Rs 44,000.

Where can I find the Sub Registrar Office for K.K.Nagar Sutharsan Street?

The Sub Registrar Office for K.K.Nagar Sutharsan Street is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur - 600 053, Chennai registration zone.

What is the median guideline value in Thirumullaivoyal?

The median guideline value for streets in Thirumullaivoyal is Rs 2,400 per sq.ft, which is higher than the current guideline value of K.K.Nagar Sutharsan Street.