Guideline Value for KRISHNAPURAM 3RD MAIN ST

Krishnapuram 3rd Main St guideline value

The current guideline value of Krishnapuram 3rd Main St is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO and is classified as Residential Special Type - III.

How the guideline value of Krishnapuram 3rd Main St has changed

The guideline value for Krishnapuram 3rd Main St has seen several revisions over the years. The 2017 revision set the value at Rs 804 per sq.ft. In 2023, it increased to Rs 1,100 per sq.ft, marking a 37% rise. The current 2024 revision has further increased the value to Rs 1,210 per sq.ft, which is a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 50%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which means Krishnapuram 3rd Main St's 2024 figure is above that median.

• Krishnapuram 3rd Cross St: Rs 1,210 per sq.ft (2024)
• Krishnapuram 4th Cross St: Rs 1,210 per sq.ft (2024)
• Krishnapuram 2nd Main St: Rs 1,210 per sq.ft (2024)
• Krishnapuram 4th Main St: Rs 1,210 per sq.ft (2024)
• Krishnapuram 2nd Cross St: Rs 1,210 per sq.ft (2024)
• Krishnapuram 5th Main St: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Krishnapuram 3rd Main St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to 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, totaling Rs 1,08,900. Please note that the duty is charged on the higher of the guideline value and the sale price. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Krishnapuram 3rd Main St?

The Krishnapuram 3rd Main St falls under 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 the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is compared with the sale price. The higher of the two values will be used to calculate the applicable duties and fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Krishnapuram 3rd Main St?

The current guideline value of Krishnapuram 3rd Main 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 increased from Rs 804 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, marking an overall increase of 50% over this period.

What is the land classification for Krishnapuram 3rd Main St?

Krishnapuram 3rd Main St is classified as Residential Special Type - III, which indicates its intended use for residential purposes.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 12,10,000, the stamp duty would be Rs 84,700 and the registration fee would be Rs 24,200, totaling Rs 1,08,900.

Which office should I approach for registration in this area?

The Avadi Sub Registrar Office covers Krishnapuram 3rd Main St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.