Guideline Value for K.K.Sha 2nd Street

K.K.Sha 2nd Street guideline value

The current guideline value of K.K.Sha 2nd Street is Rs 1,320 per sq.ft. This street is located in Anakaputhur village under the Pammal SRO, classified as Residential Class II Type - II.

How the guideline value of K.K.Sha 2nd Street has changed

In the 2017 revision, the guideline value for K.K.Sha 2nd Street was Rs 804 per sq.ft. This increased significantly to Rs 1,200 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, K.K.Sha 2nd Street has seen a total increase of 64%. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 4,640 per sq.ft, with a median value of Rs 1,980 per sq.ft. K.K.Sha 2nd Street's 2024 figure is below this median.

• K.K.Sha 1st Street: Rs 1,320 per sq.ft (2024)
• K.K.Sha 3rd Street: Rs 1,320 per sq.ft (2024)
• K.K.Sha Street (Indra Nagar): Rs 1,760 per sq.ft (2024)
• Koil Street: Rs 1,760 per sq.ft (2024)
• Kenndy Nagar: Rs 2,350 per sq.ft (2024)
• Kennadi Nagar Ist Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in K.K.Sha 2nd Street

For a 1,000 sq.ft plot at the current rate of Rs 1,320 per sq.ft, the guideline value amounts to Rs 13,20,000. The stamp duty at 7% would be Rs 92,400, and the registration fee at 2% would be Rs 26,400, bringing the total to Rs 1,18,800. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers K.K.Sha 2nd Street?

The K.K.Sha 2nd Street is covered by the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of property transactions. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in Anakaputhur.

When a property is registered, the guideline value is considered to ensure that the transaction is recorded at a value that reflects the official rates set by the government. This helps in maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of K.K.Sha 2nd Street?

The current guideline value of K.K.Sha 2nd Street is Rs 1,320 per sq.ft, effective from July 1, 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value for K.K.Sha 2nd Street has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft, representing a total increase of 64% over the years.

What are the registration fees for property in K.K.Sha 2nd Street?

The registration fees for property in K.K.Sha 2nd Street include a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher.

Which office handles property registrations for K.K.Sha 2nd Street?

The Pammal Sub Registrar Office handles property registrations for K.K.Sha 2nd Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the median guideline value in Anakaputhur?

The median guideline value in Anakaputhur is Rs 1,980 per sq.ft, while K.K.Sha 2nd Street's 2024 figure of Rs 1,320 per sq.ft is below this median.