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Guideline Value

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Guideline Value for JAGADAMBIKAI NAGAR 'EASWARAN KOIL STREET'

₹3400/sq.ft.

The guideline value for Jagadambikai Nagar 'easwaran Koil Street' in Padi village (Villivakkam SRO, Chennai zone) is Rs 3400 per sq.ft, effective 1 July 2024. It was Rs 3100 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Padi

Village

Villivakkam

SRO

Residential Class IV Type - II
History
Period Guideline Value
From 1-7-2024 ₹3400 /sq.ft.
From 1-4-2023 ₹3100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2077 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3100 /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)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Jagadambikai Nagar 'easwaran Koil Street'

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Jagadambikai Nagar 'easwaran Koil Street' guideline value

The current guideline value for Jagadambikai Nagar 'easwaran Koil Street' is Rs 3,400 per sq.ft, effective from 1 July 2024. This street is located in Padi village, under the Villivakkam SRO, and is classified as Residential Class IV Type - II.

How the guideline value of Jagadambikai Nagar 'easwaran Koil Street' has changed

The guideline value for Jagadambikai Nagar 'easwaran Koil Street' has undergone several revisions over the years. The 2012 revision set the value at Rs 3,100 per sq.ft, which then decreased to Rs 2,077 per sq.ft in the 2017 revision. Following this, the value saw a significant increase to Rs 3,100 per sq.ft in 2023, and the latest revision in 2024 raised it further to Rs 3,400 per sq.ft, marking a 10% increase from the previous year.

In terms of percentage changes, the guideline value increased by 49% from 2017 to 2023, while it decreased by 33% from 2012 to 2017. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figure for this street in the years 2002, 2003, and 2007.

Guideline values in Padi

In Padi village, there are 354 streets under the Villivakkam SRO, with 2024 guideline values ranging from Rs 2,200 to Rs 13,200 per sq.ft. The median value for these streets is Rs 3,800 per sq.ft, indicating that the guideline value for Jagadambikai Nagar 'easwaran Koil Street' is below the median.

Stamp duty and registration fee for property in Jagadambikai Nagar 'easwaran Koil Street'

For a 1,000 sq.ft plot at the current guideline value of Rs 3,400 per sq.ft, the total guideline value would be Rs 34,00,000. The stamp duty at 7% would be Rs 2,38,000, and the registration fee at 2% would be Rs 68,000, bringing the total fees to Rs 3,06,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Jagadambikai Nagar 'easwaran Koil Street'?

The Sub Registrar Office that covers Jagadambikai Nagar 'easwaran Koil Street' is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Padi. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the fees reflect the true value of the property being transferred.

Frequently asked questions

What is the current guideline value for Jagadambikai Nagar 'easwaran Koil Street'?

The current guideline value for Jagadambikai Nagar 'easwaran Koil Street' is Rs 3,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,100 per sq.ft in 2012 to Rs 2,077 per sq.ft in 2017, then to Rs 3,100 per sq.ft in 2023, and finally to Rs 3,400 per sq.ft in 2024. The most significant increase occurred between 2017 and 2023, with a 49% rise.

What are the other streets in Padi with the same guideline value?

Other streets in Padi with the same guideline value of Rs 3,400 per sq.ft include Jagadambikai Nagar 'appar Street', 'manikavasakar Street', 'nammalvar Street', Jagadambikai Nagar (Padi), and 'sekhizhar Street'.

What is the registration fee for properties in this area?

The registration fee for properties in Jagadambikai Nagar 'easwaran Koil Street' is calculated based on the guideline value. For example, a property with a guideline value of Rs 34,00,000 would incur a registration fee of Rs 68,000 at 2%.

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

The Sub Registrar Office for Jagadambikai Nagar 'easwaran Koil Street' is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. You can find more information by visiting the relevant link.