Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for MKB NAGAR 6TH MAIN ROAD 4TH LINK STREET

₹4300/sq.ft.

The guideline value for Mkb Nagar 6th Main Road 4th Link Street in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 4300 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹4300 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹550 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Mkb Nagar 6th Main Road 4th Link Street

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

Mkb Nagar 6th Main Road 4th Link Street guideline value

The current guideline value of Mkb Nagar 6th Main Road 4th Link Street is Rs 4,300 per sq.ft, effective from 1 July 2024. This street is located in Perambur village and falls under the Purasaivakkam SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Mkb Nagar 6th Main Road 4th Link Street has changed

The guideline value for Mkb Nagar 6th Main Road 4th Link Street has seen several revisions over the years. Starting from Rs 550 per sq.ft in 2003, it increased to Rs 800 per sq.ft in 2007, marking a significant rise of 45%. The value remained unchanged at Rs 800 per sq.ft until 2012, when it jumped to Rs 4,000 per sq.ft, reflecting a remarkable increase of 400%. The 2023 revision also set the value at Rs 4,000 per sq.ft, with the latest revision in 2024 raising it to Rs 4,300 per sq.ft, an increase of 8%.

There are no figures available for the revisions in 2017 and 2002 for this street. Overall, the guideline value has increased by 682% from Rs 550 per sq.ft in 2003 to Rs 4,300 per sq.ft in 2024.

Guideline values in Perambur

In Perambur, the guideline values vary significantly, with 1,114 streets under the Purasaivakkam SRO carrying values from Rs 1,600 to Rs 7,100 per sq.ft. The median guideline value in this area is Rs 2,700 per sq.ft, making the current value of Mkb Nagar 6th Main Road 4th Link Street above the median.

Stamp duty and registration fee for property in Mkb Nagar 6th Main Road 4th Link Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,300 per sq.ft, the total guideline value would be Rs 43,00,000. The stamp duty at 7% would amount to Rs 3,01,000, while the registration fee at 2% would be Rs 86,000. Together, the total cost for these fees would be Rs 3,87,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Mkb Nagar 6th Main Road 4th Link Street?

The Sub Registrar Office that covers Mkb Nagar 6th Main Road 4th Link Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, it is essential to consider the guideline value, as it can impact the overall transaction costs. The registration process requires adherence to these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Mkb Nagar 6th Main Road 4th Link Street?

The current guideline value of Mkb Nagar 6th Main Road 4th Link Street is Rs 4,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has significantly increased from Rs 550 per sq.ft in 2003 to Rs 4,300 per sq.ft in 2024, reflecting an overall increase of 682% over the years.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 3,01,000, and the registration fee would be Rs 86,000, totaling Rs 3,87,000.

Which office handles property registrations for Mkb Nagar 6th Main Road 4th Link Street?

The Purasaivakkam Sub Registrar Office at 93/1, Bricklin Road, Otteri, Chennai- 600 012 handles property registrations for Mkb Nagar 6th Main Road 4th Link Street.

Are there other streets with the same guideline value in Perambur?

Yes, there are several other streets in Perambur with the same guideline value of Rs 4,300 per sq.ft in 2024, including Mkb Nagar 6th Main Road 3rd Link Street, Mkb Nagar 7th Cross Street, Mkb Nagar 6th Main Road 2nd Link Street, Mkb Nagar 6th Main Road 1st Link Street, and Mkb Nagar 8th Cross Street.