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Guideline Value

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Guideline Value for J.K. NAGAR( 244/1.2.246/1)

₹200/sq.ft.

The guideline value for J.k. Nagar( 244/1.2.246/1) in Venmanamputhur village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 200 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

Venmanamputhur

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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 J.k. Nagar( 244/1.2.246/1)

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J.K. Nagar( 244/1.2.246/1) guideline value

The current guideline value for J.K. Nagar( 244/1.2.246/1) is Rs 200 per sq.ft, effective from 1 July 2024. This property is located in Venmanamputhur village and falls under the Tiruvallur Joint 1 SRO. It is classified as Residential Class II Type - II.

How the guideline value of J.K. Nagar( 244/1.2.246/1) has changed

The guideline value for J.K. Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 134 per sq.ft. This was followed by a significant increase to Rs 200 per sq.ft in the 2023 revision, which persisted into the 2024 revision, showing no change from the previous year.

From 2017 to 2023, there was a 49% increase in the guideline value. However, from 2012 to 2017, there was a decrease of 33%. Overall, when comparing the 2012 revision to the 2024 revision, the guideline value has remained the same at Rs 200 per sq.ft.

Guideline values in Venmanamputhur

In Venmanamputhur, there are 54 streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft, with a median value of Rs 200 per sq.ft. J.K. Nagar( 244/1.2.246/1) aligns with this median value at Rs 200 per sq.ft.

Stamp duty and registration fee for property in J.K. Nagar( 244/1.2.246/1)

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total fees to Rs 18,000. 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 J.K. Nagar( 244/1.2.246/1)?

The Sub Registrar Office that covers J.K. Nagar( 244/1.2.246/1) is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. For more information, you can find your SRO.

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

The guideline value is a critical factor in property transactions in Venmanamputhur. It serves as the basis for calculating stamp duty and registration fees when a property is bought or sold. The value is determined by the local authorities and is updated periodically to reflect changes in the market.

When registering a property, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for both buyers and sellers. It provides a standardized measure for property transactions within the jurisdiction of the Tiruvallur Joint 1 SRO.

Frequently asked questions

What is the current guideline value of J.K. Nagar( 244/1.2.246/1)?

The current guideline value for J.K. Nagar( 244/1.2.246/1) is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the most recent being Rs 200 per sq.ft since 2023. The value was Rs 134 per sq.ft in 2017 and Rs 200 per sq.ft in 2012.

What is the land classification of J.K. Nagar( 244/1.2.246/1)?

J.K. Nagar( 244/1.2.246/1) is classified as Residential Class II Type - II.

Where can I find the registration office for J.K. Nagar( 244/1.2.246/1)?

The registration office for J.K. Nagar( 244/1.2.246/1) 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 J.K. Nagar( 244/1.2.246/1)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 at a rate of 7%.