Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Krishnan Street (Gandhi Nagar)

₹2700/sq.ft.

The guideline value for Krishnan Street (gandhi Nagar) in Kodungaiyur village (Madhavaram SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kodungaiyur

Village

Madhavaram

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Krishnan Street (gandhi Nagar)

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Krishnan Street (Gandhi Nagar) guideline value

The current guideline value of Krishnan Street (Gandhi Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village under the Madhavaram SRO and is classified as Residential Class I Type - I.

How the guideline value of Krishnan Street (Gandhi Nagar) has changed

The guideline value for Krishnan Street (Gandhi Nagar) has undergone significant changes over the years. The 2017 revision set the value at Rs 1,675 per sq.ft, and this figure remained until the 2024 revision, which increased it to Rs 2,700 per sq.ft, marking a change of +61% over this period. Notably, there are no figures available for this street for the years 2023, 2012, 2007, 2003, and 2002.

In summary, the guideline value rose from Rs 1,675 per sq.ft in 2017 to Rs 2,700 per sq.ft in 2024, reflecting the most recent valuation. The median guideline value for residential properties in Kodungaiyur in 2024 is also Rs 2,700 per sq.ft, indicating that Krishnan Street's value aligns with the overall market median.

Guideline values in Kodungaiyur

In Kodungaiyur, there are 1,318 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,900 to Rs 4,000 per sq.ft. Krishnan Street (Gandhi Nagar) has a 2024 figure that is equal to the median of Rs 2,700 per sq.ft.

Stamp duty and registration fee for property in Krishnan Street (Gandhi Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value is Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total cost for these fees to Rs 2,43,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Krishnan Street (Gandhi Nagar)?

The Sub Registrar Office that covers Krishnan Street (Gandhi Nagar) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is used to calculate the applicable fees. Buyers and sellers must ensure that the transaction reflects the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Krishnan Street (Gandhi Nagar)?

The current guideline value of Krishnan Street (Gandhi Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value increased from Rs 1,675 per sq.ft to Rs 2,700 per sq.ft in 2024, reflecting a change of +61% over this period.

Are there any revisions without figures for Krishnan Street?

Yes, the register has no figures for Krishnan Street for the years 2023, 2012, 2007, 2003, and 2002.

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

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Where can I find the Sub Registrar Office for Krishnan Street (Gandhi Nagar)?

The Madhavaram Sub Registrar Office covers Krishnan Street (Gandhi Nagar) and is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.