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Guideline Value

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Guideline Value for SRI KARI KRISHNA PERUMAL NAGAR

₹300/sq.ft.

The guideline value for Sri Kari Krishna Perumal Nagar in Chinnakavanam village (Ponneri SRO, Chennai zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chinnakavanam

Village

Ponneri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /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)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[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 Sri Kari Krishna Perumal Nagar

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Sri Kari Krishna Perumal Nagar guideline value

The current guideline value of Sri Kari Krishna Perumal Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This locality is situated in Chinnakavanam village and falls under the Ponneri SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of Sri Kari Krishna Perumal Nagar has changed

Since the 2017 revision, the guideline value has seen a significant increase. The 2017 revision recorded a guideline value of Rs 201 per sq.ft, which rose to Rs 300 per sq.ft in both the 2023 and 2024 revisions, marking an overall increase of 49% from 2017 to 2024. Notably, there were no figures recorded for the years 2002, 2003, 2007, and 2012 for this street.

From 2023 to 2024, the guideline value remained unchanged at Rs 300 per sq.ft, indicating a 0% change between these two revisions. The consistent figure for the past two years reflects stability in the valuation for this street.

Guideline values in Chinnakavanam

In Chinnakavanam, there are 28 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 400 per sq.ft, with the median being Rs 300 per sq.ft. Sri Kari Krishna Perumal Nagar's 2024 figure aligns perfectly with this median.

Stamp duty and registration fee for property in Sri Kari Krishna Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty is charged at 7%, which totals Rs 21,000, while the registration fee is 2%, amounting to Rs 6,000. Together, the total cost for stamp duty and registration fee is Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for precise calculations based on your property details.

Which Sub Registrar Office covers Sri Kari Krishna Perumal Nagar?

The Sub Registrar Office that covers Sri Kari Krishna Perumal Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Chinnakavanam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

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

Frequently asked questions

What is the current guideline value of Sri Kari Krishna Perumal Nagar?

The current guideline value of Sri Kari Krishna Perumal Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 201 per sq.ft to Rs 300 per sq.ft in both the 2023 and 2024 revisions, reflecting a 49% increase overall.

What is the land classification for Sri Kari Krishna Perumal Nagar?

The land classification for Sri Kari Krishna Perumal Nagar is Residential Class II Type - I, indicating its suitability for residential development.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, and it serves the registration needs for this locality.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value, while the registration fee is charged at 2%. These fees are based on the higher of the guideline value or the sale price during property registration.