Guideline Value for KRISHNA NAGAR (Survey No.68/3)

KRISHNA NAGAR (Survey No.68/3) guideline value

The current guideline value for KRISHNA NAGAR (Survey No.68/3) is Rs 2,986 per sq.ft as per the 2023 revision. This property is located in Kolapakkam village and falls under the Gooduvancheri SRO. The land classification for this area is Mixed Type - II.

How the guideline value of KRISHNA NAGAR (Survey No.68/3) has changed

In the 2017 revision, the guideline value was Rs 2,000 per sq.ft. The latest revision in 2023 saw an increase to Rs 2,986 per sq.ft, marking a change of +49% from the previous figure. The register has no figures for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

This significant increase from 2017 to 2023 reflects changes in the valuation of properties in the area. However, without figures from the earlier revisions, we cannot assess any trends prior to 2017.

Guideline values in Kolapakkam

Currently, there are no specific village figures available for Kolapakkam. KRISHNA NAGAR (Survey No.68/3) is the only street mentioned, and there are no other streets in Kolapakkam under the Gooduvancheri SRO.

Stamp duty and registration fee for property in KRISHNA NAGAR (Survey No.68/3)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 29,86,000. The stamp duty at 7% would be Rs 2,09,020, and the registration fee at 2% would be Rs 59,720, resulting in a total of Rs 2,68,740. 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 details.

Which Sub Registrar Office covers KRISHNA NAGAR (Survey No.68/3)?

The KRISHNA NAGAR (Survey No.68/3) property is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Kolapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that all transactions are conducted fairly and transparently.

When buying or selling property, the guideline value is used to calculate stamp duty and registration fees, which are mandatory costs associated with the transfer of ownership. Buyers should be aware of these costs to budget accordingly when engaging in property transactions.

Frequently asked questions

What is the current guideline value of KRISHNA NAGAR (Survey No.68/3)?

The current guideline value of KRISHNA NAGAR (Survey No.68/3) is Rs 2,986 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 2,000 per sq.ft to Rs 2,986 per sq.ft, which is a change of +49%.

Are there any guideline values for earlier revisions for this street?

The register has no figures for the revisions in 2024, 2012, 2007, 2003, and 2002 for KRISHNA NAGAR (Survey No.68/3).

What are the stamp duty and registration fees for a property in KRISHNA NAGAR?

For a 1,000 sq.ft plot at the current guideline value of Rs 29,86,000, the stamp duty would be Rs 2,09,020 and the registration fee would be Rs 59,720, totaling Rs 2,68,740.

Which office handles the registration for KRISHNA NAGAR (Survey No.68/3)?

The Gooduvancheri Sub Registrar Office handles the registration for KRISHNA NAGAR (Survey No.68/3), located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.