Guideline Value

Corporate

Guideline Value for K.K.R. Town 2nd Main Road

₹2700/sq.ft.

The guideline value for K.k.r. Town 2nd Main Road in Jampuli village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Jampuli

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[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.r. Town 2nd Main Road

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K.K.R. Town 2nd Main Road guideline value

The current guideline value of K.K.R. Town 2nd Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Jampuli village and falls under the Madhavaram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of K.K.R. Town 2nd Main Road has changed

The guideline value for K.K.R. Town 2nd Main Road has undergone several revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, which decreased to Rs 1,675 per sq.ft in the 2017 revision. Following this, the value increased to Rs 2,500 per sq.ft in 2023, and currently stands at Rs 2,700 per sq.ft as per the 2024 revision, marking an 8% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 35%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Jampuli

In Jampuli, there are 118 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 3,300 per sq.ft. The median guideline value for these streets is Rs 2,450 per sq.ft, placing K.K.R. Town 2nd Main Road above this median value.

Stamp duty and registration fee for property in K.K.R. Town 2nd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers K.K.R. Town 2nd Main Road?

The Sub Registrar Office that covers K.K.R. Town 2nd Main Road is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Jampuli. It serves as a benchmark for calculating the stamp duty and registration fees that are payable at the time of property registration.

Frequently asked questions

What is the current guideline value of K.K.R. Town 2nd Main Road?

The current guideline value of K.K.R. Town 2nd Main Road is Rs 2,700 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 in 2012 to Rs 1,675 in 2017, then to Rs 2,500 in 2023, and finally to Rs 2,700 in 2024.

What is the median guideline value for streets in Jampuli?

The median guideline value for the 118 streets in Jampuli is Rs 2,450 per sq.ft, with K.K.R. Town 2nd Main Road being above this median.

What are the stamp duty and registration fees for property in K.K.R. Town 2nd Main Road?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 2,43,000.

Where is the Madhavaram Sub Registrar Office located?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.