Guideline Value for SRI KARI KRISHNA PERUMAL NAGAR

Sri Kari Krishna Perumal Nagar guideline value

The current guideline value of Sri Kari Krishna Perumal Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Guduvancheri village, under the Ponneri SRO, and is classified as Residential Class II Type - I.

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

The guideline value for Sri Kari Krishna Perumal Nagar has undergone several revisions over the years. The earliest revision available is from 2017, which set the guideline value at Rs 67 per sq.ft. This figure remained until the 2023 revision, where it increased to Rs 100 per sq.ft, marking a 49% increase. The 2024 revision retained this value of Rs 100 per sq.ft, showing no change from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street. Overall, from 2017 to 2024, the guideline value has increased by 49% due to the changes in the revisions.

Guideline values in Guduvancheri

In Guduvancheri, there are 9 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 450 per sq.ft. The median guideline value for these streets is Rs 100 per sq.ft, which is equal to the 2024 figure for Sri Kari Krishna Perumal Nagar.

• Srinivasa Garden: Rs 100 per sq.ft (2024)
• Sri Sai Garden: Rs 100 per sq.ft (2024)
• Sri Sakthi Sai Nagar: Rs 100 per sq.ft (2024)
• Saribha Nagar: Rs 100 per sq.ft (2024)
• Praveen Nagar: Rs 100 per sq.ft (2024)
• New Sun City: Rs 100 per sq.ft (2024)

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 100 per sq.ft, the total guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, making the total cost for these fees Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

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. You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Guduvancheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

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 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 67 per sq.ft to Rs 100 per sq.ft in 2023 and 2024, reflecting a 49% increase overall during this period.

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

Sri Kari Krishna Perumal Nagar is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot at Rs 100 per sq.ft, these fees total Rs 9,000.

Where is the Sub Registrar Office for this area located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204, which covers Sri Kari Krishna Perumal Nagar.