Guideline Value

Corporate

Guideline Value for K.K.R. Town 3rd Street

₹2700/sq.ft.

The guideline value for K.k.r. Town 3rd Street 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 3rd 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.R. Town 3rd Street guideline value

The current guideline value of K.K.R. Town 3rd Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Jampuli village, under the Madhavaram SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of K.K.R. Town 3rd Street has changed

The guideline value for K.K.R. Town 3rd Street has undergone several revisions over the years. In 2012, the value was set at Rs 2,000 per sq.ft, which decreased by 16% to Rs 1,675 per sq.ft in 2017. Following this, the value increased significantly by 49% to Rs 2,500 per sq.ft in 2023. The most recent revision in 2024 raised the guideline value to Rs 2,700 per sq.ft, marking an 8% increase from the previous year.

There are no figures available for the revisions in 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 in this area is Rs 2,450 per sq.ft, placing K.K.R. Town 3rd Street's 2024 figure above this median.

Stamp duty and registration fee for property in K.K.R. Town 3rd Street

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 to Rs 2,43,000. It is important to note that 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 precise calculations.

Which Sub Registrar Office covers K.K.R. Town 3rd Street?

The K.K.R. Town 3rd Street falls under the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Jampuli. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value is considered to ensure that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. This value is essential for both buyers and sellers to understand the financial obligations involved in the transaction.

Frequently asked questions

What is the current guideline value of K.K.R. Town 3rd Street?

The current guideline value of K.K.R. Town 3rd Street 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 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024, reflecting an overall increase of 35% over this period.

What is the registration office for K.K.R. Town 3rd Street?

The registration office covering K.K.R. Town 3rd Street is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is the stamp duty calculated for properties in K.K.R. Town 3rd Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 1,89,000 based on the current guideline value.

What other streets have the same guideline value as K.K.R. Town 3rd Street?

Other streets in Jampuli that share the same guideline value of Rs 2,700 per sq.ft in 2024 include K.K.R. Town 3rd Main Road, K.K.R. Town 4th Main Road, K.K.R. Town 2nd Street, K.K.R. Town 4th Street, K.K.R. Town 2nd Main Road, and K.K.R. Town 5th Main Road.