Guideline Value

Corporate

Guideline Value for Krishnamohana Nagar

₹400/sq.ft.

The guideline value for Krishnamohana Nagar in Vellerithangal village (Gooduvancheri SRO, Chengalpattu zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Vellerithangal

Village

Gooduvancheri

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹40 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Krishnamohana Nagar

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Krishnamohana Nagar guideline value

The current guideline value of Krishnamohana Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This locality is situated in Vellerithangal village, under the Gooduvancheri SRO, and is classified as Residential Special Type - II.

How the guideline value of Krishnamohana Nagar has changed

The guideline value for Krishnamohana Nagar has undergone several revisions over the years. In 2007, the value was Rs 40 per sq.ft, which increased significantly to Rs 400 per sq.ft in 2012. However, it saw a decrease to Rs 268 per sq.ft in 2017. From 2017 to 2023, the value rose by 49%, maintaining the same rate of Rs 400 per sq.ft in 2023 and again in 2024, resulting in no change from the previous year.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 900%.

Guideline values in Vellerithangal

In Vellerithangal, there are 21 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 250 to Rs 1,400 per sq.ft. The median value is Rs 400 per sq.ft, which is equal to the current guideline value of Krishnamohana Nagar.

Stamp duty and registration fee for property in Krishnamohana Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, while the registration fee at 2% would be Rs 8,000, bringing the total charges to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Krishnamohana Nagar?

The Sub Registrar Office that covers Krishnamohana Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Vellerithangal

The guideline value is an essential component in the registration process of property transactions in Vellerithangal. It serves as the basis for calculating stamp duty and registration fees, which are mandatory when registering a property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, reflecting the local market conditions. Both buyers and sellers must consider this value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Krishnamohana Nagar?

The current guideline value of Krishnamohana Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 40 per sq.ft in 2007 to Rs 400 per sq.ft in 2012, then decreasing to Rs 268 per sq.ft in 2017. It remained at Rs 400 per sq.ft in both 2023 and 2024.

What are the other streets in Vellerithangal with their guideline values?

Other streets in Vellerithangal include Mahasakthi Raja Nagar at Rs 300 per sq.ft, Mahasakthi Raja Nagar Extn-I & II at Rs 300 per sq.ft, and Mangala Nagar at Rs 250 per sq.ft, among others.

What are the stamp duty and registration fees for properties in Krishnamohana Nagar?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For a 1,000 sq.ft plot, the total charges would amount to Rs 36,000.

Where is the Sub Registrar Office for Krishnamohana Nagar located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.