Guideline Value for K.R. NAGAR EXTN

K.R. Nagar Extn guideline value

The current guideline value of K.R. Nagar Extn is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Mamandoor village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - I.

How the guideline value of K.R. Nagar Extn has changed

The guideline value for K.R. Nagar Extn has remained consistent at Rs 800 per sq.ft since the 2023 revision, which also recorded the same value. Prior to that, there are no figures available in the register for the years 2017, 2012, 2007, 2003, and 2002.

In summary, the guideline value has not changed from 2023 to 2024, reflecting a change of +0%. The current rate of Rs 800 per sq.ft is the same as it was in the previous year.

Guideline values in Mamandoor

In Mamandoor, there are 41 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 1,200 per sq.ft, with a median value of Rs 500 per sq.ft. The guideline value for K.R. Nagar Extn is above this median.

• K.R. Nagar: Rs 800 per sq.ft (2024)
• Magalakshminagar Phase-I,Phase-II,Phase-III: Rs 500 per sq.ft (2024)
• Maruthamalai M.T.C Nagar: Rs 500 per sq.ft (2024)
• Jayam Nagar: Rs 800 per sq.ft (2024)
• M.M.Nagar: Rs 800 per sq.ft (2024)
• Mtc Nagar: Rs 800 per sq.ft (2024)

Stamp duty and registration fee for property in K.R. Nagar Extn

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value is Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total to Rs 72,000. It is important to note that the 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.R. Nagar Extn?

The K.R. Nagar Extn falls under the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Mamandoor. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when purchasing property.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. This value is used by the registration office to determine the applicable fees during the registration process.

Frequently asked questions

What is the current guideline value of K.R. Nagar Extn?

The current guideline value of K.R. Nagar Extn is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft since the 2023 revision, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for K.R. Nagar Extn?

K.R. Nagar Extn is classified as Residential Special Type - I under the Chengleput Joint II SRO.

What are the stamp duty and registration fees for properties in K.R. Nagar Extn?

The stamp duty is charged at 7% and the registration fee at 2% based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for K.R. Nagar Extn?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.