Guideline Value

Corporate

Guideline Value for KRISHNAPURAM OTHER STREETS

₹1210/sq.ft.

The guideline value for Krishnapuram Other Streets 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 Other Streets

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Krishnapuram Other Streets guideline value

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

How the guideline value of Krishnapuram Other Streets has changed

The guideline value for Krishnapuram Other Streets has seen several revisions over the years. The 2017 revision set the value at Rs 804 per sq.ft. In 2023, this increased to Rs 1,100 per sq.ft, reflecting a significant rise of 37%. The most recent revision in 2024 has further increased the value to Rs 1,210 per sq.ft, marking 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 revisions in 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 with a 2024 guideline value ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Krishnapuram Other Streets above this median.

Stamp duty and registration fee for property in Krishnapuram Other Streets

For a 1,000 sq.ft plot at the current rate of Rs 1,210 per sq.ft, the 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 or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Krishnapuram Other Streets?

The Krishnapuram Other Streets fall 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 an essential factor during the registration of property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are calculated based on the established rates.

When buying or selling property, the guideline value helps both parties understand the minimum value at which the property can be registered. It is crucial for buyers and sellers to be aware of these values to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Krishnapuram Other Streets?

The current guideline value of Krishnapuram Other Streets 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 significantly over the years, from Rs 804 per sq.ft in 2017 to Rs 1,210 per sq.ft in 2024, representing a total increase of 50%.

What is the land classification for Krishnapuram Other Streets?

Krishnapuram Other Streets are classified as Residential Special Type - III, indicating their designation for residential use within the area.

Where can I find the registration office for Krishnapuram Other Streets?

The registration office for Krishnapuram Other Streets 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 is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 12,10,000, the stamp duty at 7% would amount to Rs 84,700.