Guideline Value

Corporate

Guideline Value for SRI KRISHNA NAGAR

₹605/sq.ft.

The guideline value for Sri Krishna Nagar in Kalivanthapattu village (Thiruporur SRO, Chengalpattu zone) is Rs 605 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 1% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kalivanthapattu

Village

Thiruporur

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹605 /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 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.29, South Mada Street, Thiruporur-603110
044-27445228
[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 Nagar

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Sri Krishna Nagar guideline value

The current guideline value of Sri Krishna Nagar, located in Kalivanthapattu village, is Rs 605 per sq.ft, effective from 1 July 2024. This area falls under the Thiruporur Sub Registrar Office (SRO) and is classified as Commercial Class I Type - II land.

How the guideline value of Sri Krishna Nagar has changed

The guideline value for Sri Krishna Nagar has seen several revisions over the years. The 2017 revision set the value at Rs 402 per sq.ft. In 2023, this figure increased to Rs 600 per sq.ft, marking a significant rise of 49%. The most recent revision in 2024 has further increased the value to Rs 605 per sq.ft, reflecting a 1% change from the previous year. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 50%, highlighting a steady rise in the valuation of this property. The 2024 figure of Rs 605 per sq.ft aligns with the median value of other streets in Kalivanthapattu.

Guideline values in Kalivanthapattu

In Kalivanthapattu, there are 19 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 2,000 per sq.ft. The median value is Rs 605 per sq.ft, which is the same as the current guideline value for Sri Krishna Nagar. Below are the guideline values for other streets in Kalivanthapattu:

Stamp duty and registration fee for property in Sri Krishna Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 605 per sq.ft, the total guideline value amounts to Rs 6,05,000. The stamp duty at 7% would be Rs 42,350, and the registration fee at 2% would be Rs 12,100, bringing the total fees together to Rs 54,450. 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 details.

Which Sub Registrar Office covers Sri Krishna Nagar?

The Thiruporur Sub Registrar Office covers Sri Krishna Nagar. The office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kalivanthapattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the registration process. Buyers and sellers should be aware that the guideline value may influence the final sale price of the property.

When registering a property, the guideline value is used to calculate the applicable fees. It is essential for buyers to ensure that the sale price is aligned with the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Sri Krishna Nagar?

The current guideline value of Sri Krishna Nagar is Rs 605 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 50% from Rs 402 per sq.ft to Rs 605 per sq.ft in 2024. The 2023 revision also saw a 1% increase from Rs 600 per sq.ft.

What is the land classification of Sri Krishna Nagar?

Sri Krishna Nagar is classified as Commercial Class I Type - II land. This classification can affect the types of developments allowed in the area.

What are the other streets in Kalivanthapattu?

Other streets in Kalivanthapattu include Sri Kuberan Avenue, Sri Munnusamy Nagar, Sri Nagar, Sri Aishwaryam Nagar, Sundrapuram, and Thirunagar, each with varying guideline values.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. This office handles all registrations for properties in the area.