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Guideline Value

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Guideline Value for K.K.R. Town East Cross Road

₹2700/sq.ft.

The guideline value for K.k.r. Town East Cross 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 East Cross Road

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K.K.R. Town East Cross Road guideline value

The current guideline value of K.K.R. Town East Cross Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Jampuli village under the Madhavaram SRO and is classified as Residential Class I Type - I.

How the guideline value of K.K.R. Town East Cross Road has changed

Over the years, the guideline value for K.K.R. Town East Cross Road has seen several revisions. The 2012 revision set the value at Rs 2,000 per sq.ft, which then decreased to Rs 1,675 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 2,500 per sq.ft. The latest revision in 2024 has further raised the guideline value to Rs 2,700 per sq.ft, marking an 8% increase from the previous year.

In summary, the guideline value has changed from Rs 2,000 in 2012 to Rs 2,700 in 2024, reflecting an overall increase of 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, making the current value of K.K.R. Town East Cross Road above this median.

Stamp duty and registration fee for property in K.K.R. Town East Cross 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 cost for these fees Rs 2,43,000. Please note that duty is charged on the higher of the guideline value and 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 East Cross Road?

The K.K.R. Town East Cross 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 critical 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 payable to the government during the transaction.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately and in compliance with local regulations. Buyers and sellers should be aware of the current guideline values to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of K.K.R. Town East Cross Road?

The current guideline value of K.K.R. Town East Cross 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 2,700 in 2024, reflecting an overall increase of 35%. The most recent revision occurred in 2024, which raised the value from Rs 2,500 in 2023.

What are the stamp duty and registration fees for K.K.R. Town East Cross Road?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty is Rs 1,89,000 and the registration fee is Rs 54,000, totaling Rs 2,43,000.

Which Sub Registrar Office covers this area?

The Madhavaram Sub Registrar Office covers K.K.R. Town East Cross Road, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

What is the land classification for K.K.R. Town East Cross Road?

K.K.R. Town East Cross Road is classified as Residential Class I Type - I, indicating its suitability for residential development.