Guideline Value

Corporate

Guideline Value for J.P. Avenue Phase - IV

₹770/sq.ft.

The guideline value for J.p. Avenue Phase - Iv in Puthur village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Puthur

Village

Tambaram Joint 1

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /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.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[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 J.p. Avenue Phase - Iv

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

J.P. Avenue Phase - IV guideline value

The current guideline value for J.P. Avenue Phase - IV is Rs 770 per sq.ft. This property is located in Puthur village under the Tambaram Joint 1 SRO, classified as Residential Class I Type - I.

How the guideline value of J.P. Avenue Phase - IV has changed

Over the years, the guideline value for J.P. Avenue Phase - IV has seen several revisions. The 2012 revision set the value at Rs 700 per sq.ft, which was then reduced to Rs 469 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 700 per sq.ft, and the most recent 2024 revision has set it at Rs 770 per sq.ft, reflecting a 10% increase from the previous year.

In summary, from 2012 to 2024, the overall change in the guideline value is an increase of 10%. The change from 2017 to 2023 was a significant increase of 49%, while the shift from 2012 to 2017 saw a decrease of 33%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Puthur

Puthur village has a total of 63 streets under the Tambaram Joint 1 SRO, with guideline values ranging from Rs 330 to Rs 4,600 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, indicating that the 2024 guideline value for J.P. Avenue Phase - IV is below this median.

Stamp duty and registration fee for property in J.P. Avenue Phase - IV

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers J.P. Avenue Phase - IV?

The Sub Registrar Office that covers J.P. Avenue Phase - IV is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Puthur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are calculated fairly based on the property's value.

When a property is sold, the guideline value is used to assess the applicable fees, which are charged on the higher of the guideline value or the sale price. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value for J.P. Avenue Phase - IV?

The current guideline value for J.P. Avenue Phase - IV is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for J.P. Avenue Phase - IV has changed from Rs 700 per sq.ft in 2012 to Rs 469 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 770 per sq.ft in 2024.

What is the land classification for J.P. Avenue Phase - IV?

J.P. Avenue Phase - IV is classified as Residential Class I Type - I, indicating its designation for residential use.

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

The Sub Registrar Office for J.P. Avenue Phase - IV is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.

How is stamp duty calculated for properties in Puthur?

Stamp duty for properties in Puthur is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,70,000, the stamp duty would be calculated at 7% of this amount.