Guideline Value for K.P.K. NAGAR

K.P.K. Nagar guideline value

The current guideline value for K.P.K. Nagar is Rs 202 per sq.ft, effective from 1 July 2024. This area is located in Thachoor_2 village under the Ponneri Sub Registrar Office (SRO) and is classified as Residential Class I Type - II.

How the guideline value of K.P.K. Nagar has changed

The guideline value register for K.P.K. Nagar has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 202 per sq.ft.

As there have been no changes between the revisions above, the current value remains the same as stated in the 2024 revision.

Guideline values in Thachoor_2

In Thachoor_2, there are 40 streets under the Ponneri SRO with guideline values ranging from Rs 202 to Rs 1,800 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, placing K.P.K. Nagar's 2024 figure below this median.

• Kumaran Nagar: Rs 800 per sq.ft (2024)
• Lakshmi Avenue: Rs 400 per sq.ft (2024)
• Kandan Nagar: Rs 800 per sq.ft (2024)
• Jai Nagar: Rs 600 per sq.ft (2024)
• Illaihi Nagar: Rs 400 per sq.ft (2024)
• M.V.M. Nagar: Rs 1,195 per sq.ft (2024)

Stamp duty and registration fee for property in K.P.K. Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 202 per sq.ft, the total guideline value amounts to Rs 2,02,000. The stamp duty at 7% would be Rs 14,140, and the registration fee at 2% would be Rs 4,040, totaling Rs 18,180. 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 further assistance.

Which Sub Registrar Office covers K.P.K. Nagar?

K.P.K. Nagar falls under the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thachoor_2

The guideline value is a critical factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Thachoor_2, the guideline value is used to calculate the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of property transactions. Ensuring accurate calculations based on the guideline value can help avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for K.P.K. Nagar?

The current guideline value for K.P.K. Nagar is Rs 202 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register has no figures for K.P.K. Nagar for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 202 per sq.ft.

What is the median guideline value in Thachoor_2?

The median guideline value for streets in Thachoor_2 is Rs 600 per sq.ft. K.P.K. Nagar's 2024 figure is below this median.

What are the stamp duty and registration fees for K.P.K. Nagar?

For a property valued at Rs 2,02,000, the stamp duty would be Rs 14,140, and the registration fee would be Rs 4,040, totaling Rs 18,180.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles property registrations for K.P.K. Nagar.