Guideline Value

Corporate

Guideline Value for K.K.R. Town 9th Street

₹2700/sq.ft.

The guideline value for K.k.r. Town 9th 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 9th Street

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K.K.R. Town 9th Street guideline value

The current guideline value of K.K.R. Town 9th Street in Jampuli village, under the Madhavaram SRO, is Rs 2,700 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of K.K.R. Town 9th Street has changed

In the 2012 revision, the guideline value was set at Rs 2,000 per sq.ft. This figure saw a decrease of 16% by the 2017 revision, bringing it down to Rs 1,675 per sq.ft. Subsequently, the value increased significantly by 49% in the 2023 revision to Rs 2,500 per sq.ft. The most recent revision in 2024 has further raised the value to Rs 2,700 per sq.ft, marking an increase of 8% from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for K.K.R. Town 9th Street. Overall, from 2012 to 2024, the guideline value has increased by 35%.

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, placing K.K.R. Town 9th Street's 2024 figure above this median.

Stamp duty and registration fee for property in K.K.R. Town 9th 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 cost for these fees 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 more details.

Which Sub Registrar Office covers K.K.R. Town 9th Street?

The K.K.R. Town 9th Street is covered by the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. To find your specific SRO, you can visit find your SRO.

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 during the transaction.

When a property is registered, the guideline value is considered to ensure that the appropriate fees are collected based on the value of the property. This helps in maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of K.K.R. Town 9th Street?

The current guideline value of K.K.R. Town 9th 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, with notable increases in 2023 and 2024 revisions.

What is the land classification of K.K.R. Town 9th Street?

K.K.R. Town 9th Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

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

Other streets in Jampuli, such as K.K.R. Town 8th Street, K.K.R. Town East Cross Road, and others, also share the guideline value of Rs 2,700 per sq.ft as of 2024.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. This office handles the registration of properties in K.K.R. Town 9th Street.