Guideline Value for KRISHNA NAGAR

Krishna Nagar guideline value

The current guideline value of Krishna Nagar is Rs 350 per sq.ft, as per the 2023 revision. This area falls under Padappam village and is governed by the Kanchipuram Joint IV SRO. The land classification for this locality is Residential Special Type - II.

How the guideline value of Krishna Nagar has changed

Looking at the revisions, there are no figures available for Krishna Nagar for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision, in 2023, sets the guideline value at Rs 350 per sq.ft.

Since the 2023 revision, there have been no changes in the guideline value for Krishna Nagar. The register has no figure for the year 2024 for this street.

Guideline values in Padappam

In Padappam, the guideline value for Krishna Nagar is Rs 350 per sq.ft. Other streets in Padappam include:

• Sri Mishri Avenue: Rs 600 per sq.ft (2024)
• Sri Rama Jayam Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Krishna Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value would be Rs 3,50,000. The stamp duty at 7% would amount to Rs 24,500, and the registration fee at 2% would be Rs 7,000, totaling Rs 31,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Krishna Nagar?

The Kanchipuram Joint IV Sub Registrar Office covers Krishna Nagar. The office is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Padappam. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is sold, the buyer and seller must consider the guideline value to ensure compliance with registration requirements. This value is set by the government and is updated periodically to reflect changes in land use and development.

Frequently asked questions

What is the current guideline value of Krishna Nagar?

The current guideline value of Krishna Nagar is Rs 350 per sq.ft, as per the 2023 revision.

What is the land classification for Krishna Nagar?

Krishna Nagar is classified as Residential Special Type - II.

Are there any guideline value figures for previous years?

The register has no figures for Krishna Nagar for the years 2002, 2003, 2007, 2012, and 2017. The only available figure is from the 2023 revision.

How is stamp duty calculated for properties in Krishna Nagar?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot at Rs 350 per sq.ft, the stamp duty would be Rs 24,500.

Where is the Sub Registrar Office for Krishna Nagar located?

The Kanchipuram Joint IV Sub Registrar Office is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.