Guideline Value

Corporate

Guideline Value for KRISHNAPURAM 1ST MAIN ST

₹1210/sq.ft.

The guideline value for Krishnapuram 1st Main St in Thiruninravur-b 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-b

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 Main St

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Krishnapuram 1st Main St guideline value

The current guideline value of Krishnapuram 1st Main St is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village under the Avadi SRO and is classified as Residential Special Type - III.

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

The guideline value for Krishnapuram 1st Main St has undergone several revisions over the years. The earliest available revision is from 2017, where the value was Rs 804 per sq.ft. This increased to Rs 1,100 per sq.ft in 2023, marking a significant rise of 37%. The latest revision in 2024 set the value at Rs 1,210 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 50%. There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that have a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft, with a median value of Rs 770 per sq.ft. The guideline value of Krishnapuram 1st Main St is above this median.

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

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, making a total of Rs 1,08,900. 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 Krishnapuram 1st Main St?

The Sub Registrar Office that covers Krishnapuram 1st Main 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 information.

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

The guideline value is a critical factor in the registration of property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, ensuring transparency in property transactions.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 804 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, reflecting a 50% increase over this period.

What is the land classification for Krishnapuram 1st Main St?

Krishnapuram 1st Main St is classified as Residential Special Type - III.

What is the registration office for this area?

The registration office for Krishnapuram 1st Main 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.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the same value. For example, a 1,000 sq.ft plot at the current rate would incur a total fee of Rs 1,08,900.