Guideline Value

Corporate

Guideline Value for K.M.C. Colony

₹880/sq.ft.

The guideline value for K.m.c. Colony in Rajakilpakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 47% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Rajakilpakkam

Village

Selaiyur

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on K.m.c. Colony

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

K.M.C. Colony guideline value

The current guideline value of K.M.C. Colony, located in Rajakilpakkam village under the Selaiyur SRO, is Rs 880 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class IV Type - II.

How the guideline value of K.M.C. Colony has changed

The guideline value for K.M.C. Colony has seen several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which was then reduced to Rs 402 per sq.ft in the 2017 revision. However, the value increased significantly in the following revisions, with the 2023 figure rising to Rs 600 per sq.ft and the current 2024 revision showing a substantial increase to Rs 880 per sq.ft, indicating a change of +47% from 2023 to 2024.

From 2017 to 2023, the guideline value increased by +49%, while the change from 2012 to 2017 was a decrease of -33%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by +47%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Rajakilpakkam

In Rajakilpakkam, there are 384 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 850 to Rs 5,000 per sq.ft. The median guideline value for these streets is Rs 2,150 per sq.ft, placing K.M.C. Colony's 2024 figure below this median.

Stamp duty and registration fee for property in K.M.C. Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, and the registration fee at 2% would be Rs 17,600, making the total fees together Rs 79,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers K.M.C. Colony?

The Sub Registrar Office that covers K.M.C. Colony is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Rajakilpakkam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid. This value is essential for ensuring that the transaction is registered correctly and that the applicable taxes are calculated accurately.

It is important for buyers and sellers to be aware of the current guideline value in their area, as it can directly impact the overall cost of the transaction. Understanding these values helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of K.M.C. Colony?

The current guideline value of K.M.C. Colony is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then to Rs 600 per sq.ft in 2023, and finally to Rs 880 per sq.ft in 2024.

What are the stamp duty and registration fees for K.M.C. Colony?

For a 1,000 sq.ft property, the total guideline value is Rs 8,80,000. The stamp duty is Rs 61,600, and the registration fee is Rs 17,600, totaling Rs 79,200.

Which office handles registrations for K.M.C. Colony?

The Selaiyur Sub Registrar Office handles registrations for K.M.C. Colony, located at No.36, Bharathmatha Salai, East Tambaram, Chennai - 600 073.

What is the significance of the guideline value?

The guideline value is significant as it determines the stamp duty and registration fees during property transactions. It ensures that the transaction is registered correctly and that the applicable taxes are calculated accurately.