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Guideline Value for Green Grove Jayam Co-op Nagar Annex-3

₹600/sq.ft.

The guideline value for Green Grove Jayam Co-op Nagar Annex-3 in Kanchivakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 600 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kanchivakkam

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹600 /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 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹499 /sq.ft.
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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Green Grove Jayam Co-op Nagar Annex-3

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Green Grove Jayam Co-op Nagar Annex-3 guideline value

The current guideline value of Green Grove Jayam Co-op Nagar Annex-3 is Rs 600 per sq.ft, effective from 1 July 2024. This property is located in Kanchivakkam village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.

How the guideline value of Green Grove Jayam Co-op Nagar Annex-3 has changed

Over the years, the guideline value for Green Grove Jayam Co-op Nagar Annex-3 has seen several revisions. The earliest recorded revision was in 2007, where the guideline value was Rs 499 per sq.ft. This increased to Rs 600 per sq.ft in 2012, but then decreased to Rs 402 per sq.ft in 2017. The value remained at Rs 600 per sq.ft in both the 2023 and 2024 revisions, indicating no change from 2023 to 2024, but a significant increase of 49% from 2017 to 2023.

There are no figures available for the revisions in 2002 and 2003 for this street. From the 2007 revision to the 2012 revision, the value decreased by 33%, while it increased by 20% from 2007 to 2024, reflecting the fluctuations in the guideline value over the years.

Guideline values in Kanchivakkam

In Kanchivakkam, there are 23 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 600 per sq.ft, with a median value of Rs 500 per sq.ft. Green Grove Jayam Co-op Nagar Annex-3 has a guideline value above this median.

Stamp duty and registration fee for property in Green Grove Jayam Co-op Nagar Annex-3

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Green Grove Jayam Co-op Nagar Annex-3?

The Sub Registrar Office that covers Green Grove Jayam Co-op Nagar Annex-3 is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in property transactions in Kanchivakkam, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that all transactions adhere to the legal framework set by the state.

During the registration process, buyers and sellers must refer to the guideline value to ascertain the fees involved. This ensures transparency and compliance with the regulations governing property transactions in the region.

Frequently asked questions

What is the current guideline value of Green Grove Jayam Co-op Nagar Annex-3?

The current guideline value of Green Grove Jayam Co-op Nagar Annex-3 is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent figures being Rs 600 per sq.ft in both 2023 and 2024, and a notable increase from Rs 402 per sq.ft in 2017.

What is the land classification for Green Grove Jayam Co-op Nagar Annex-3?

Green Grove Jayam Co-op Nagar Annex-3 is classified as Residential Special Type - I, indicating its suitability for residential development.

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

The Gooduvancheri Sub Registrar Office, which covers Green Grove Jayam Co-op Nagar Annex-3, is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Kanchivakkam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 6,00,000 would incur a stamp duty of Rs 42,000 at the rate of 7%.