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Guideline Value

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Guideline Value for KRISHNA NAGAR 3rd CROSS STREET.

₹1650/sq.ft.

The guideline value for Krishna Nagar 3rd Cross Street. in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹1500 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Krishna Nagar 3rd Cross Street.

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KRISHNA NAGAR 3rd CROSS STREET. guideline value

The current guideline value of KRISHNA NAGAR 3rd CROSS STREET. is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of KRISHNA NAGAR 3rd CROSS STREET. has changed

In the 2012 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged in the 2023 revision, where it continued to be Rs 1,500 per sq.ft. However, in the subsequent 2024 revision, the guideline value increased to Rs 1,650 per sq.ft, marking a 10% rise from the previous year. Overall, from 2012 to 2024, there has been a 10% increase in the guideline value.

It is important to note that the register has no figure for KRISHNA NAGAR 3rd CROSS STREET. for the years 2002, 2003, 2007, and 2017. Thus, the only revisions available for this street are from 2012, 2023, and the current 2024 figure.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that have a 2024 guideline value ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, which matches the current figure for KRISHNA NAGAR 3rd CROSS STREET.

Stamp duty and registration fee for property in KRISHNA NAGAR 3rd CROSS STREET.

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers KRISHNA NAGAR 3rd CROSS STREET.?

The Sub Registrar Office that covers KRISHNA NAGAR 3rd CROSS STREET. is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035, Chennai registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Pallikaranai, as it determines the minimum value at which a property can be registered. This value is used by the registration authorities to calculate the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of KRISHNA NAGAR 3rd CROSS STREET.?

The current guideline value of KRISHNA NAGAR 3rd CROSS STREET. is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, marking a 10% increase. There was no change in the value between the 2012 and 2023 revisions.

What is the land classification for KRISHNA NAGAR 3rd CROSS STREET.?

The land classification for KRISHNA NAGAR 3rd CROSS STREET. is Residential Class IV Type - I.

Which Sub Registrar Office covers this area?

The Chennai South Joint I Sub Registrar Office covers KRISHNA NAGAR 3rd CROSS STREET., located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 at 7%.