Guideline Value for KRISHNAPURAM 1ST CROSS ST

₹1210/sq.ft.

The guideline value for Krishnapuram 1st Cross St in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Krishnapuram 1st Cross St

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Krishnapuram 1st Cross St guideline value

The current guideline value of Krishnapuram 1st Cross St is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in the village of Thiruninravur-A and falls under the Avadi SRO. The land classification for this area is Residential Special Type - III.

How the guideline value of Krishnapuram 1st Cross St has changed

Over the years, the guideline value of Krishnapuram 1st Cross St has seen several revisions. The most recent revision in 2024 set the value at Rs 1,210 per sq.ft, an increase from Rs 1,100 per sq.ft in 2023. This represents a 10% rise. Prior to that, in 2017, the guideline value was Rs 804 per sq.ft, marking a significant increase of 37% over the next six years.

The overall change from the 2017 revision to the current 2024 revision is a substantial 50%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value of Krishnapuram 1st Cross St is above this median.

Stamp duty and registration fee for property in Krishnapuram 1st Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, while the registration fee at 2% would be Rs 24,200, bringing the total to Rs 1,08,900. It is important 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 Krishnapuram 1st Cross St?

The Sub Registrar Office that covers Krishnapuram 1st Cross St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor in property transactions in Thiruninravur-A. It is used to determine the stamp duty and registration fees that need to be paid at the time of property registration. Buyers and sellers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authorities will charge the stamp duty based on the higher amount between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Krishnapuram 1st Cross St?

The current guideline value of Krishnapuram 1st Cross St is Rs 1,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 804 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, marking an overall increase of 50%. The most recent change was a 10% increase from Rs 1,100 per sq.ft in 2023.

What are the other streets with the same guideline value in Thiruninravur-A?

Other streets in Thiruninravur-A with the same guideline value of Rs 1,210 per sq.ft include Krishnapuram 1st Main St, Krishnapuram 2nd Cross St, Krishnapuram 2nd Main St, Krishnapuram 3rd Cross St, Krishnapuram 3rd Main St, and Krishnapuram 4th Cross St.

What is the registration fee for a property in Krishnapuram 1st Cross St?

The registration fee for a property in Krishnapuram 1st Cross St is calculated at 2% of the guideline value. For a 1,000 sq.ft plot, this would amount to Rs 24,200.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Avadi Sub Registrar Office located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. More details can be found through the provided link.