Guideline Value for K.K.Sha 3rd Street

K.K.Sha 3rd Street guideline value

The current guideline value of K.K.Sha 3rd Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class II Type - II.

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

The guideline value for K.K.Sha 3rd Street has seen several revisions over the years. The 2017 revision set the value at Rs 804 per sq.ft. This increased to Rs 1,200 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has further increased the guideline value to Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for K.K.Sha 3rd Street for the years 2002, 2003, 2007, and 2012.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO, with guideline values ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value in the village is Rs 1,980 per sq.ft, placing K.K.Sha 3rd Street's 2024 figure below this median.

• K.K.Sha 2nd Street: Rs 1,320 per sq.ft (2024)
• K.K.Sha Street (Indra Nagar): Rs 1,760 per sq.ft (2024)
• K.K.Sha 1st Street: Rs 1,320 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 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total 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 charges to Rs 1,18,800. It is important to note that the stamp duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.K.Sha 3rd Street?

The K.K.Sha 3rd Street falls under the jurisdiction of 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 process of property transactions in Anakaputhur. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it can significantly impact the overall cost of the transaction. Understanding the guideline value helps in ensuring compliance with the registration norms set by the authorities.

Frequently asked questions

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

The current guideline value of K.K.Sha 3rd Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023, and then to Rs 1,320 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the land classification of K.K.Sha 3rd Street?

K.K.Sha 3rd Street is classified as Residential Class II Type - II, which indicates its designation for residential use within the area.

Where can I find the registration office for K.K.Sha 3rd Street?

The registration office for K.K.Sha 3rd Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

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

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 13,20,000 would incur a stamp duty of Rs 92,400 at 7% and a registration fee of Rs 26,400 at 2%.