Guideline Value

Corporate

Guideline Value for K.K.R. Town 4th Main Road

₹2700/sq.ft.

The guideline value for K.k.r. Town 4th 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 4th Main Road

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K.K.R. Town 4th Main Road guideline value

The current guideline value of K.K.R. Town 4th Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Jampuli village under the Madhavaram SRO and falls under Residential Class I Type - I land classification.

How the guideline value of K.K.R. Town 4th Main Road has changed

The guideline value for K.K.R. Town 4th Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 2,000 per sq.ft, which then changed to Rs 1,675 per sq.ft in the 2017 revision, marking a decrease of 16%. Following this, the value increased significantly to Rs 2,500 per sq.ft in the 2023 revision, and the latest revision in 2024 has set it at Rs 2,700 per sq.ft, reflecting an increase of 8% from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 35%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Jampuli

In Jampuli, there are 118 streets under the Madhavaram SRO with a 2024 guideline value ranging from Rs 1,700 to Rs 3,300 per sq.ft. The median value is Rs 2,450 per sq.ft, which means that K.K.R. Town 4th Main Road's 2024 figure is above this median.

Stamp duty and registration fee for property in K.K.R. Town 4th 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, making the total charges Rs 2,43,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers K.K.R. Town 4th Main Road?

The K.K.R. Town 4th Main Road 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 is a crucial factor in the registration process when buying or selling property in Jampuli. 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 registered, the guideline value is compared with the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of K.K.R. Town 4th Main Road?

The current guideline value of K.K.R. Town 4th 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 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 stamp duty for property in K.K.R. Town 4th Main Road?

The stamp duty for property in K.K.R. Town 4th Main Road is 7% of the guideline value or the sale price, whichever is higher.

Where is the Madhavaram Sub Registrar Office located?

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

What are the other streets in Jampuli with the same guideline value?

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