Guideline Value

Corporate

Guideline Value for K.K.Nagar

₹100/sq.ft.

The guideline value for K.k.nagar in Endathure village (Madurandakam SRO, Chengalpattu zone) is Rs 100 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Endathure

Village

Madurandakam

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹100 /sq.ft.
From 1-4-2023 ₹100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹20 /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.53, Old Taluk Office Road, Maduranthakam-603306
044-27555138
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]

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K.K.Nagar guideline value

The current guideline value of K.K.Nagar in Endathure village is Rs 100 per sq.ft, effective from the 2024 revision which will take place on 1 July 2024. This area falls under the Madurandakam Sub Registrar Office (SRO) and is classified as Residential Class I Type - I.

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

The guideline value for K.K.Nagar has seen several revisions over the years. The 2007 revision set the value at Rs 20 per sq.ft, which increased significantly by 400% to Rs 100 per sq.ft in the 2012 revision. However, the 2017 revision saw a decrease of 33%, bringing it down to Rs 67 per sq.ft. The value then increased by 49% to Rs 100 per sq.ft in the 2023 revision, and it remains unchanged at Rs 100 per sq.ft in the upcoming 2024 revision.

It is important to note that there are no figures available for K.K.Nagar in the 2002 and 2003 revisions. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 400%.

Guideline values in Endathure

In Endathure village, there are six streets under the Madurandakam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 202 per sq.ft, with the median being Rs 100 per sq.ft. K.K.Nagar's 2024 figure aligns with this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total fees to Rs 9,000. It is important to note that the 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 information.

Which Sub Registrar Office covers K.K.Nagar?

K.K.Nagar is covered by the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone. You can find your SRO for additional assistance.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Endathure. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to ensure that the transaction is recorded accurately, reflecting the official value of the property as set by the government. This helps in maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value for K.K.Nagar?

The current guideline value for K.K.Nagar is Rs 100 per sq.ft, effective from the 2024 revision starting on 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, with the most significant change occurring from 2007 to 2012, where it increased from Rs 20 to Rs 100 per sq.ft. The value remained the same in the 2023 and 2024 revisions.

What is the stamp duty rate in K.K.Nagar?

The stamp duty rate in K.K.Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the registration office for K.K.Nagar?

The registration office for K.K.Nagar is the Madurandakam Sub Registrar Office, located at No.53, Old Taluk Office Road, Maduranthakam-603306, Chengalpattu registration zone.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded accurately, reflecting the official value set by the government.