Guideline Value for Sri Krishna Nagar Extention II (S.No.64/1 And 64/3)

Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) guideline value

The current guideline value for Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) is Rs 500 per sq.ft. This property is located in Melakondaiyar village and falls under the Tiruvallur Joint 1 SRO. The land classification for this area is Residential Class III Type - III.

How the guideline value of Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) has changed

The guideline value for Sri Krishna Nagar Extention II has been recorded in the 2023 revision at Rs 500 per sq.ft. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 in the register for this street.

Since the 2023 revision, there have been no changes to the guideline value. The previous revisions do not provide any figures for this street, indicating a consistent value since the last recorded revision.

Guideline values in Melakondaiyar

Currently, there are no specific village figures available for Melakondaiyar. The guideline value for Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) is Rs 500 per sq.ft. There are no other streets in Melakondaiyar listed in the register.

Stamp duty and registration fee for property in Sri Krishna Nagar Extention II (S.No.64/1 And 64/3)

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value would be Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, making the total Rs 45,000. Please 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 Extention II (S.No.64/1 And 64/3)?

The Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during property registration in Melakondaiyar. It serves as a reference point for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which a property can be registered. Buyers and sellers should be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Sri Krishna Nagar Extention II?

The current guideline value for Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) is Rs 500 per sq.ft as per the 2023 revision.

Are there any changes to the guideline value in recent years?

As of the 2023 revision, there have been no changes to the guideline value for Sri Krishna Nagar Extention II. Previous revisions do not have any figures recorded for this street.

What is the land classification for Sri Krishna Nagar Extention II?

The land classification for Sri Krishna Nagar Extention II (S.No.64/1 And 64/3) is Residential Class III Type - III, indicating its use for residential purposes.

How is stamp duty calculated for properties in Sri Krishna Nagar Extention II?

Stamp duty for properties in Sri Krishna Nagar Extention II is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 5,00,000 would incur a stamp duty of Rs 35,000.

Where can I find the registration office for Sri Krishna Nagar Extention II?

The registration office covering Sri Krishna Nagar Extention II is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.