Guideline Value

Corporate

Guideline Value for KRISHNAPURAM 5TH MAIN ST

₹1210/sq.ft.

The guideline value for Krishnapuram 5th Main 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 5th Main St

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Krishnapuram 5th Main St guideline value

The current guideline value of Krishnapuram 5th 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 5th Main St has changed

In the 2017 revision, the guideline value for Krishnapuram 5th Main St was Rs 804 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, marking a 37% rise. The latest revision in 2024 saw another increase of 10%, bringing the current guideline value to Rs 1,210 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 50%. This significant change reflects the adjustments made in the recent revisions, highlighting the evolution of property values in this area.

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. The median guideline value for these streets is Rs 750 per sq.ft, placing Krishnapuram 5th Main St's 2024 figure above that median.

Stamp duty and registration fee for property in Krishnapuram 5th 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 would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, making the total cost for these fees Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Krishnapuram 5th Main St?

The Sub Registrar Office that covers Krishnapuram 5th 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 details.

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

The guideline value plays a crucial role in the registration of property transactions in Thiruninravur-A. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

Buyers and sellers should be aware that the guideline value may differ from the actual sale price. Therefore, it is essential to verify the current guideline value and understand how it impacts the overall costs involved in the property transaction.

Frequently asked questions

What is the current guideline value of Krishnapuram 5th Main St?

The current guideline value of Krishnapuram 5th 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 seen several revisions, starting from Rs 804 per sq.ft in 2017, increasing to Rs 1,100 per sq.ft in 2023, and reaching Rs 1,210 per sq.ft in 2024.

What is the land classification for Krishnapuram 5th Main St?

Krishnapuram 5th Main St is classified as Residential Special Type - III, indicating its suitability for residential development.

What are the stamp duty and registration fees for property transactions?

For a property valued at 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 for these fees.

Which Sub Registrar Office covers this area?

The Avadi Sub Registrar Office covers Krishnapuram 5th Main St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.