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Guideline Value

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Guideline Value for SRI KRISHNA 4TH STREET KORUKANTHANGAL (WARD -18)

₹661/sq.ft.

The guideline value for Sri Krishna 4th Street Korukanthangal (ward -18) in Peramanoor village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 661 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Peramanoor

Village

Chengleput Joint II

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹661 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Krishna 4th Street Korukanthangal (ward -18)

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Sri Krishna 4th Street Korukanthangal (Ward -18) guideline value

The current guideline value for Sri Krishna 4th Street Korukanthangal (Ward -18) is Rs 661 per sq.ft. This street is located in Peramanoor village and falls under the Chengleput Joint II SRO. The land classification for this area is Residential Class I Type - III.

How the guideline value of Sri Krishna 4th Street Korukanthangal (Ward -18) has changed

The guideline value for Sri Krishna 4th Street Korukanthangal has seen several revisions over the years. In 2012, the value was Rs 600 per sq.ft, which then dropped to Rs 402 per sq.ft in 2017, marking a decrease of 33%. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 600 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 661 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no recorded figures for this street in the revisions of 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Peramanoor

In Peramanoor, there are 430 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 550 to Rs 2,200 per sq.ft. The median guideline value in this area is Rs 1,100 per sq.ft, placing Sri Krishna 4th Street Korukanthangal's 2024 figure below that median.

Stamp duty and registration fee for property in Sri Krishna 4th Street Korukanthangal (Ward -18)

For a 1,000 sq.ft plot at the current guideline value of Rs 661 per sq.ft, the total guideline value amounts to Rs 6,61,000. The stamp duty, charged at 7%, would be Rs 46,270, while the registration fee at 2% would be Rs 13,220. Together, the fees would total Rs 59,490. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Krishna 4th Street Korukanthangal (Ward -18)?

The Sub Registrar Office that covers Sri Krishna 4th Street Korukanthangal (Ward -18) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Peramanoor. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value is used to calculate the applicable fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Sri Krishna 4th Street Korukanthangal?

The current guideline value of Sri Krishna 4th Street Korukanthangal (Ward -18) is Rs 661 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then back to Rs 600 per sq.ft in 2023, and finally to Rs 661 per sq.ft in 2024.

What is the median guideline value in Peramanoor?

The median guideline value in Peramanoor is Rs 1,100 per sq.ft, with Sri Krishna 4th Street Korukanthangal's 2024 figure being below this median.

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

For a property valued at Rs 6,61,000, the stamp duty would be Rs 46,270 and the registration fee would be Rs 13,220, totaling Rs 59,490.

Where can I find the Sub Registrar Office for this street?

The Chengleput Joint II Sub Registrar Office covers Sri Krishna 4th Street Korukanthangal, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.