Guideline Value for SRI KRISHNA NAGAR

Sri Krishna Nagar guideline value

The current guideline value of Sri Krishna Nagar is Rs 234 per sq.ft, effective from 1 July 2024. This street is located in Mappedu village, under the Perambakkam SRO, and is classified as Residential Class II Type - III.

How the guideline value of Sri Krishna Nagar has changed

The guideline value register for Sri Krishna Nagar shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also listed the guideline value at Rs 234 per sq.ft. In the 2024 revision, the guideline value remains unchanged at Rs 234 per sq.ft, reflecting a change of +0% from the previous year.

Thus, the guideline value of Sri Krishna Nagar has remained constant at Rs 234 per sq.ft from 2023 to 2024, with no figures available for earlier revisions.

Guideline values in Mappedu

In Mappedu, there are 9 streets under the Perambakkam SRO that carry a 2024 guideline value ranging from Rs 234 to Rs 400 per sq.ft, with a median value of Rs 275 per sq.ft. The guideline value for Sri Krishna Nagar is below this median.

• Sri Dhanalakshmi Nagar: Rs 275 per sq.ft (2024)
• Sri Vigneshwara Nagar: Rs 268 per sq.ft (2024)
• Star City: Rs 268 per sq.ft (2024)
• Thirukumaran Nagar: Rs 300 per sq.ft (2024)
• Sadasivam Nagar: Rs 275 per sq.ft (2024)
• Rose Garden: Rs 400 per sq.ft (2024)

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 234 per sq.ft, the total guideline value amounts to Rs 2,34,000. The stamp duty at 7% would be Rs 16,380, and the registration fee at 2% would be Rs 4,680, bringing the total fees together to Rs 21,060. Please 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 accurate calculations.

Which Sub Registrar Office covers Sri Krishna Nagar?

The Sub Registrar Office that covers Sri Krishna Nagar is the Perambakkam Sub Registrar Office, located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Mappedu, the guideline value is used to calculate the stamp duty and registration fees payable at the time of registration.

It is important to note that the guideline value serves as a benchmark for property transactions, ensuring that properties are registered at a value that reflects the current market conditions as determined by the Registration Department.

Frequently asked questions

What is the current guideline value of Sri Krishna Nagar?

The current guideline value of Sri Krishna Nagar is Rs 234 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri Krishna Nagar has remained at Rs 234 per sq.ft for both the 2023 and 2024 revisions, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sri Krishna Nagar?

Sri Krishna Nagar is classified as Residential Class II Type - III, indicating its designation for residential use.

What are the stamp duty and registration fees for property in Sri Krishna Nagar?

For a property valued at Rs 2,34,000, the stamp duty would be Rs 16,380, and the registration fee would be Rs 4,680, totaling Rs 21,060. These fees are based on the guideline value.

Where is the Sub Registrar Office for Sri Krishna Nagar located?

The Sub Registrar Office for Sri Krishna Nagar is the Perambakkam Sub Registrar Office, located at Jothi Ramalinga Nagar, Near Post Office, Perambakkam, 631402, Chennai registration zone.