Guideline Value for KRISHNA ENCLAVE

Krishna Enclave guideline value

The current guideline value of Krishna Enclave in Paandoor village, under the Thiruporur SRO, is Rs 600 per sq.ft, effective from 1 July 2024. This area is classified as Residential Special Type - I.

How the guideline value of Krishna Enclave has changed

The guideline value for Krishna Enclave has undergone several revisions over the years. In 2012, the guideline value was set at Rs 600 per sq.ft, which remained unchanged until the 2017 revision when it dropped to Rs 402 per sq.ft. This was a decrease of 33%. Following this, the value increased significantly by 49% to Rs 600 per sq.ft in the 2023 revision, which has remained the same in the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for Krishna Enclave. Thus, the guideline value has seen fluctuations primarily between the years 2012, 2017, 2023, and 2024, with an overall change of 0% from 2012 to 2024.

Guideline values in Paandoor

In Paandoor, there are 35 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 450 to Rs 3,300 per sq.ft, with a median value of Rs 1,493 per sq.ft. The guideline value for Krishna Enclave is below this median.

• KPN Blue Sky: Rs 1,614 per sq.ft (2024)
• Jai Avenue: Rs 1,493 per sq.ft (2024)
• Mother Land: Rs 805 per sq.ft (2024)
• Gmr Avenue: Rs 600 per sq.ft (2024)
• N P Nagar: Rs 2,000 per sq.ft (2024)
• Om Jai Sri Sai Nagar: Rs 1,614 per sq.ft (2024)

Stamp duty and registration fee for property in Krishna Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value is Rs 6,00,000. The stamp duty at 7% would amount to Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. 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 Krishna Enclave?

The Krishna Enclave area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paandoor. It serves as the basis for calculating stamp duty and registration fees, ensuring that these costs are aligned with the official valuation of the property.

When a property is sold, the guideline value helps determine the minimum price at which the property can be registered. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Krishna Enclave?

The current guideline value of Krishna Enclave is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes: it was Rs 600 per sq.ft in 2012, decreased to Rs 402 per sq.ft in 2017, and then returned to Rs 600 per sq.ft in both 2023 and 2024. Overall, there has been no change from 2012 to 2024.

What is the land classification for Krishna Enclave?

The land classification for Krishna Enclave is Residential Special Type - I, indicating its designated use for residential purposes.

Where can I find the Thiruporur Sub Registrar Office?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles all registrations for properties in the area.

How is the stamp duty calculated for properties in Krishna Enclave?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 6,00,000, the stamp duty would be Rs 42,000 at a rate of 7%.