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Guideline Value

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Guideline Value for J.P.ESTATE 24TH STREET EXTN (SOUTH SIDE)

₹1625/sq.ft.

The guideline value for J.p.estate 24th Street Extn (south Side) in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 1625 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1625 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1200 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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.p.estate 24th Street Extn (south Side)

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J.P.Estate 24th Street Extn (South Side) guideline value

The current guideline value of J.P.Estate 24th Street Extn (South Side) is Rs 1,625 per sq.ft, effective from 1 July 2024. This property is located in Paruthipattu village under the Avadi SRO, and is classified as Residential Special Type - I.

How the guideline value of J.P.Estate 24th Street Extn (South Side) has changed

The guideline value for J.P.Estate 24th Street Extn has seen several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 1,200 per sq.ft. This value then decreased to Rs 804 per sq.ft in 2017. Following this, there was a significant increase to Rs 1,500 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 1,625 per sq.ft. Notably, there are no recorded figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, there was a substantial increase of 87%. The value then rose by 8% from 2023 to 2024. Overall, the guideline value has increased by 35% from 2012 to 2024.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO with a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value for these streets is Rs 1,625 per sq.ft, which matches the guideline value for J.P.Estate 24th Street Extn.

Stamp duty and registration fee for property in J.P.Estate 24th Street Extn (South Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,625 per sq.ft, the total guideline value amounts to Rs 16,25,000. The stamp duty at 7% would be Rs 1,13,750, and the registration fee at 2% would be Rs 32,500, resulting in a total of Rs 1,46,250. It is important to note that 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 more details.

Which Sub Registrar Office covers J.P.Estate 24th Street Extn (South Side)?

The Sub Registrar Office that covers J.P.Estate 24th Street Extn (South Side) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Paruthipattu. It determines the minimum value at which a property can be sold and is used to calculate the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. This helps maintain transparency and integrity in the real estate market.

Frequently asked questions

What is the current guideline value of J.P.Estate 24th Street Extn (South Side)?

The current guideline value of J.P.Estate 24th Street Extn (South Side) is Rs 1,625 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,625 per sq.ft in 2024.

What is the land classification for J.P.Estate 24th Street Extn (South Side)?

J.P.Estate 24th Street Extn (South Side) is classified as Residential Special Type - I.

What is the median guideline value for streets in Paruthipattu?

The median guideline value for streets in Paruthipattu is Rs 1,625 per sq.ft, which is the same as the guideline value for J.P.Estate 24th Street Extn.

Where can I find the registration office for J.P.Estate 24th Street Extn (South Side)?

The registration office for J.P.Estate 24th Street Extn (South Side) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.