Guideline Value for KRISHNA BRINDAVAN

Krishna Brindavan guideline value

The current guideline value of Krishna Brindavan is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Sirupinayoor,Thiruvanthavar,Perungazhi village, under the Salavakkam SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Krishna Brindavan has changed

Looking at the historical revisions, the guideline value for Krishna Brindavan was Rs 100 per sq.ft in the 2012 revision. This figure remained unchanged until the 2017 revision, where it dropped to Rs 67 per sq.ft. However, it saw a significant increase to Rs 100 per sq.ft in the 2023 revision, which was maintained in the 2024 revision, showing no change between these two years. The register has no figures for the years 2002, 2003, and 2007 for this street.

From the 2012 revision to the 2017 revision, the guideline value decreased by 33%. Following this, from 2017 to 2023, there was a notable increase of 49%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 100 per sq.ft.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In Sirupinayoor,Thiruvanthavar,Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 1,000 per sq.ft. The median value for these streets is Rs 150 per sq.ft, placing Krishna Brindavan's 2024 figure below that median.

• Krishna Nagar: Rs 150 per sq.ft (2024)
• Krishna Nagar (A) Anna Nagar: Rs 150 per sq.ft (2024)
• Krishna Thulasi: Rs 100 per sq.ft (2024)
• Kuberan Garden: Rs 150 per sq.ft (2024)
• Mamandur New City: Rs 150 per sq.ft (2024)
• JV promoter's in PTC nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Krishna Brindavan

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Krishna Brindavan?

The Sub Registrar Office that covers Krishna Brindavan is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value plays a crucial role when buying or selling property in Sirupinayoor,Thiruvanthavar,Perungazhi. It serves as a benchmark for determining the minimum price at which a property can be registered. This value is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

When a property is sold, the sale price must be equal to or higher than the guideline value. If the sale price is lower than the guideline value, the registration will still be based on the guideline value, ensuring that the government receives the correct amount of revenue from the transaction.

Frequently asked questions

What is the current guideline value of Krishna Brindavan?

The current guideline value of Krishna Brindavan is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with a notable increase of 49% from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in 2023. However, it remained unchanged at Rs 100 per sq.ft from 2023 to 2024.

What are the other streets in Sirupinayoor,Thiruvanthavar,Perungazhi?

Other streets in Sirupinayoor,Thiruvanthavar,Perungazhi include Krishna Nagar, Krishna Nagar (A) Anna Nagar, Krishna Thulasi, Kuberan Garden, Mamandur New City, and JV promoter's in PTC nagar, each with their respective guideline values for 2024.

What are the stamp duty and registration fees for property in Krishna Brindavan?

For a plot of 1,000 sq.ft at the current guideline value, the total stamp duty and registration fees would amount to Rs 9,000, based on the guideline value of Rs 1,00,000.

Which office handles the registration for Krishna Brindavan?

The Salavakkam Sub Registrar Office handles the registration for Krishna Brindavan, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.