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Guideline Value

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Guideline Value for SRI KRISHNA NAGAR & PAHSE-I

₹300/sq.ft.

The guideline value for Sri Krishna Nagar & Pahse-i in Siruvanoor village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Siruvanoor

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
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 ₹300 /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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[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 Krishna Nagar & Pahse-i

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Sri Krishna Nagar & Pahse-I guideline value

The current guideline value for Sri Krishna Nagar & Pahse-I is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Siruvanoor village under the Tiruvallur Joint 1 SRO, classified as Residential Class II Type - II.

How the guideline value of Sri Krishna Nagar & Pahse-I has changed

Looking at the revisions, the guideline value for Sri Krishna Nagar & Pahse-I has seen several changes over the years. In 2012, the value was Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in 2017. Following this, the value increased significantly to Rs 300 per sq.ft in both 2023 and the current 2024 revision, reflecting a 49% increase from 2017 to 2023. Overall, from 2012 to 2024, the guideline value remains unchanged at Rs 300 per sq.ft.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The revisions in 2012, 2017, 2023, and 2024 are the only ones that provide specific figures.

Guideline values in Siruvanoor

In Siruvanoor, there are 18 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 900 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Sri Krishna Nagar & Pahse-I above this median.

Stamp duty and registration fee for property in Sri Krishna Nagar & Pahse-I

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 at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Krishna Nagar & Pahse-I?

The Sub Registrar Office covering Sri Krishna Nagar & Pahse-I is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property in Siruvanoor. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It ensures that the property is valued fairly according to the current regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value for Sri Krishna Nagar & Pahse-I?

The current guideline value for Sri Krishna Nagar & Pahse-I is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then back to Rs 300 per sq.ft in both 2023 and 2024. The overall change from 2012 to 2024 is +0%.

What is the land classification for Sri Krishna Nagar & Pahse-I?

Sri Krishna Nagar & Pahse-I is classified as Residential Class II Type - II, which indicates its suitability for residential development within the area.

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

The Sub Registrar Office for Sri Krishna Nagar & Pahse-I is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

How is the stamp duty calculated for properties in Sri Krishna Nagar & Pahse-I?

The stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 at 7%.