Guideline Value for Krishnappa Chetty Street

Krishnappa Chetty Street guideline value

The current guideline value of Krishnappa Chetty Street is Rs 4,400 per sq.ft. This street is located in Chindadripet village under the Periamet SRO, classified as Residential Class II Type - I.

How the guideline value of Krishnappa Chetty Street has changed

In the 2024 revision, the guideline value for Krishnappa Chetty Street is Rs 4,400 per sq.ft. The register does not have figures for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

As there are no figures available for the previous revisions, there have been no changes recorded between the revisions listed above.

Guideline values in Chindadripet

In Chindadripet, there are 98 streets under the Periamet SRO that carry a 2024 guideline value ranging from Rs 2,500 to Rs 18,100 per sq.ft, with a median value of Rs 3,300 per sq.ft. The guideline value of Krishnappa Chetty Street is above this median.

• Krishnappa lane: Rs 3,300 per sq.ft (2024)
• Krishna chetty street: Rs 4,400 per sq.ft (2024)
• Kovur Vaidyanathan street: Rs 2,600 per sq.ft (2024)
• Kovilur Amman West street: Rs 2,600 per sq.ft (2024)
• Kovilur Amman South Street: Rs 2,600 per sq.ft (2024)
• Kovilur Amman North street: Rs 2,600 per sq.ft (2024)

Stamp duty and registration fee for property in Krishnappa Chetty Street

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Krishnappa Chetty Street?

The Sub Registrar Office that covers Krishnappa Chetty Street is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003. You can find your SRO for more information.

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

The guideline value is an important factor in property transactions in Chindadripet. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both the buyer and seller. It is essential to be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Krishnappa Chetty Street?

The current guideline value of Krishnappa Chetty Street is Rs 4,400 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Krishnappa Chetty Street has been set at Rs 4,400 per sq.ft in the 2024 revision. The register does not have figures for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Krishnappa Chetty Street?

Krishnappa Chetty Street is classified as Residential Class II Type - I under the current guideline value register.

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

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2%. For a 1,000 sq.ft plot, the total fees can amount to Rs 3,96,000.

Where can I find the Sub Registrar Office for Krishnappa Chetty Street?

The Sub Registrar Office covering Krishnappa Chetty Street is the Periamet Sub Registrar Office, located at 1103, Poonamallee High Road, Chennai-600 003.