Guideline Value for SRI KRISHNA GARDEN
₹935/sq.ft.
The guideline value for Sri Krishna Garden in Malayambakkam village (Kunrathur SRO, Chennai zone) is Rs 935 per sq.ft, effective 1 July 2024. It was Rs 850 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Malayambakkam
Village
Kunrathur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹935 /sq.ft. |
| From 1-4-2023 | ₹850 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹569 /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.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]
DRO (District Registrar Office)
Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Krishna Garden
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Kunrathur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Krishna Garden guideline value
The current guideline value of Sri Krishna Garden in Malayambakkam village, under the Kunrathur SRO, is Rs 935 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.
How the guideline value of Sri Krishna Garden has changed
The guideline value for Sri Krishna Garden has seen significant changes over the years. In the 2017 revision, the value was Rs 569 per sq.ft. This increased to Rs 850 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 935 per sq.ft, reflecting a 10% increase from the previous year.
There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%.
Guideline values in Malayambakkam
In Malayambakkam, there are 82 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 450 to Rs 2,750 per sq.ft. The median value is Rs 935 per sq.ft, which is equal to the current guideline value of Sri Krishna Garden.
- Sri Janani Nagar: Rs 935 per sq.ft (2024)
- Sri Gayathiri Doctor's Enclave: Rs 880 per sq.ft (2024)
- Sri Ganapathy Nagar: Rs 935 per sq.ft (2024)
- Sri Moogambigai Nagar: Rs 880 per sq.ft (2024)
- Srinivasa Nagar: Rs 1,210 per sq.ft (2024)
- Sri Boopathy Nagar: Rs 2,200 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Krishna Garden
For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 9,35,000. The stamp duty at 7% amounts to Rs 65,450, and the registration fee at 2% is Rs 18,700, totaling Rs 84,150. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.
Which Sub Registrar Office covers Sri Krishna Garden?
The Sub Registrar Office that covers Sri Krishna Garden is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, in the Chennai registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Malayambakkam
The guideline value is a crucial factor when registering property in Malayambakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.
When buying or selling property, the guideline value serves as a reference point, and the actual sale price must be compared against it. The higher of the two figures is used to calculate the applicable duties and fees during the registration process.
Frequently asked questions
What is the current guideline value of Sri Krishna Garden?
The current guideline value of Sri Krishna Garden is Rs 935 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed from 2017 to 2024?
From the 2017 revision to the 2024 revision, the guideline value has increased by 64%, rising from Rs 569 per sq.ft to Rs 935 per sq.ft.
What are the other streets in Malayambakkam with similar guideline values?
Other streets in Malayambakkam with similar guideline values include Sri Janani Nagar and Sri Ganapathy Nagar, both at Rs 935 per sq.ft in 2024.
What is the stamp duty rate in Tamil Nadu?
The stamp duty rate in Tamil Nadu is generally 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2% of the guideline value.
Where can I find my Sub Registrar Office?
You can find your Sub Registrar Office by visiting the relevant government website or using the link provided to find your SRO.
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