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Guideline Value

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Guideline Value for Hari Krishna Nagar M.R.P. Avenue

₹806/sq.ft.

The guideline value for Hari Krishna Nagar M.r.p. Avenue in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 806 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹806 /sq.ft.
From 1-4-2023 ₹806 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Hari Krishna Nagar M.r.p. Avenue

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Hari Krishna Nagar M.R.P. Avenue guideline value

The current guideline value of Hari Krishna Nagar M.R.P. Avenue is Rs 806 per sq.ft. This street is located in Kovilpathagai village and falls under the Ambattur SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Hari Krishna Nagar M.R.P. Avenue has changed

The guideline value for Hari Krishna Nagar M.R.P. Avenue has seen several revisions over the years. In the 2012 revision, the value was set at Rs 600 per sq.ft, which decreased by 33% to Rs 402 per sq.ft in the 2017 revision. The 2023 revision maintained the value at Rs 806 per sq.ft, and this remains unchanged in the 2024 revision, which also lists the value at Rs 806 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, the guideline value increased by 100%. Overall, from 2012 to 2024, there has been a 34% increase in the guideline value for this street.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for these streets is Rs 870 per sq.ft, making the current value of Hari Krishna Nagar M.R.P. Avenue below this median.

Stamp duty and registration fee for property in Hari Krishna Nagar M.R.P. Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 806 per sq.ft, the total guideline value would be Rs 8,06,000. The stamp duty at 7% would amount to Rs 56,420, while the registration fee at 2% would be Rs 16,120. Together, these fees would total Rs 72,540. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Hari Krishna Nagar M.R.P. Avenue?

The Sub Registrar Office that covers Hari Krishna Nagar M.R.P. Avenue is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Kovilpathagai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Hari Krishna Nagar M.R.P. Avenue?

The current guideline value of Hari Krishna Nagar M.R.P. Avenue is Rs 806 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 600 per sq.ft to Rs 806 per sq.ft in 2024, reflecting an overall increase of 34% over this period.

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

For a property valued at Rs 8,06,000, the stamp duty would be Rs 56,420 and the registration fee would be Rs 16,120, totaling Rs 72,540.

Which Sub Registrar Office covers this street?

The Ambattur Sub Registrar Office covers Hari Krishna Nagar M.R.P. Avenue, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Hari Krishna Nagar M.R.P. Avenue?

The land classification for Hari Krishna Nagar M.R.P. Avenue is Residential Class III Type - I, indicating its suitability for residential development.