Guideline Value for KKE Nagar

KKE Nagar guideline value

The current guideline value of KKE Nagar, located in Thodukadu village under the Sriperumpudur SRO, is Rs 300 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of KKE Nagar has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 201 per sq.ft. Following this, the value increased significantly to Rs 300 per sq.ft in the 2023 revision. The 2024 revision also maintains this figure at Rs 300 per sq.ft, reflecting a 0% change from the previous year.

Between the 2017 and 2023 revisions, there was a notable increase of 49%. However, from 2012 to 2017, the value saw a decrease of 33%. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 300 per sq.ft.

Guideline values in Thodukadu

Thodukadu village has 24 streets under the Sriperumpudur SRO, with guideline values ranging from Rs 200 to Rs 1,250 per sq.ft. The median guideline value for these streets is Rs 400 per sq.ft, placing KKE Nagar's 2024 figure below this median.

• KKR City: Rs 500 per sq.ft (2024)
• KKR city Annex: Rs 500 per sq.ft (2024)
• Kkr Eldorado: Rs 750 per sq.ft (2024)
• KKR Garden: Rs 500 per sq.ft (2024)
• Madha koil street: Rs 200 per sq.ft (2024)
• Maxis Avenue: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in KKE Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, while the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the 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 more detailed calculations.

Which Sub Registrar Office covers KKE Nagar?

The Sub Registrar Office that covers KKE Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To find your SRO, please visit find your SRO.

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

The guideline value plays a crucial role during property transactions in Thodukadu. When you buy or sell property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these costs are based on an officially recognized value.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. This value can influence the financial planning involved in purchasing or selling property in the area.

Frequently asked questions

What is the current guideline value of KKE Nagar?

The current guideline value of KKE Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of KKE Nagar has seen various changes, with the most recent revisions being Rs 300 per sq.ft in both 2023 and 2024. In 2017, it was Rs 201 per sq.ft, and in 2012, it was Rs 300 per sq.ft.

What is the land classification of KKE Nagar?

KKE Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where is the Sub Registrar Office for KKE Nagar located?

The Sub Registrar Office covering KKE Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is the stamp duty calculated in KKE Nagar?

Stamp duty in KKE Nagar is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 at a rate of 7%.