Guideline Value

Corporate

Guideline Value for KRISHNAPURAM 5TH MAIN ST

₹1210/sq.ft.

The guideline value for Krishnapuram 5th 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 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-B village, under the Avadi Sub Registrar Office (SRO). The land classification for this area is Residential Special Type - III.

How the guideline value of Krishnapuram 5th Main St has changed

In the 2017 revision, the guideline value was Rs 804 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, marking a rise of 37%. The most recent revision in 2024 set the value at Rs 1,210 per sq.ft, which is a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 50%. The register does not provide figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that have a guideline value for 2024, ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value in this village is Rs 770 per sq.ft, making the 2024 figure for Krishnapuram 5th Main St 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, 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, bringing the total to Rs 1,08,900. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Krishnapuram 5th Main St?

The Krishnapuram 5th 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 information.

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

The guideline value is a crucial factor when registering property transactions in Thiruninravur-B. It serves as a benchmark for determining the minimum value at which a property can be sold or bought, ensuring transparency in the registration process.

When a property is registered, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

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?

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

What is the median guideline value in Thiruninravur-B?

The median guideline value in Thiruninravur-B is Rs 770 per sq.ft, with Krishnapuram 5th Main St's 2024 value being above this median.

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

The stamp duty is charged at 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total cost would be Rs 1,08,900.

Which office handles the registration for Krishnapuram 5th Main St?

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