Guideline Value

Corporate

Guideline Value for JAGADEESAN NAGAR

₹750/sq.ft.

The guideline value for Jagadeesan Nagar in Thiruninravur-a village (Avadi SRO, Chennai zone) is Rs 750 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-a

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹750 /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 N/A
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 Jagadeesan Nagar

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Jagadeesan Nagar guideline value

The current guideline value of Jagadeesan Nagar is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, and it is classified as Residential Class II Type - III.

How the guideline value of Jagadeesan Nagar has changed

In the 2017 revision, the guideline value was Rs 469 per sq.ft. This figure increased significantly to Rs 700 per sq.ft in the 2023 revision, marking a 49% increase over the six-year period. The most recent revision in 2024 has set the guideline value at Rs 750 per sq.ft, which is a 7% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 60%. It is important to note that the register has no figure for Jagadeesan Nagar for the years 2002, 2003, 2007, and 2012.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, which is equal to the current guideline value for Jagadeesan Nagar.

Stamp duty and registration fee for property in Jagadeesan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000. Together, these fees total Rs 67,500. 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 Jagadeesan Nagar?

The Sub Registrar Office that covers Jagadeesan Nagar 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 Thiruninravur-A

The guideline value is a critical factor in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Thiruninravur-A, the guideline value helps in calculating the applicable stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the current guideline value to ensure compliance with registration requirements. The guideline value serves as a benchmark for property transactions, influencing the overall cost involved in the buying and selling process.

Frequently asked questions

What is the current guideline value of Jagadeesan Nagar?

The current guideline value of Jagadeesan Nagar is Rs 750 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

From 2017 to 2024, the guideline value has increased by 60%, from Rs 469 per sq.ft in 2017 to Rs 750 per sq.ft in 2024.

What is the land classification of Jagadeesan Nagar?

Jagadeesan Nagar is classified as Residential Class II Type - III.

Where is the Sub Registrar Office for Jagadeesan Nagar located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is stamp duty calculated for properties in Jagadeesan Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 750 per sq.ft, the stamp duty would be Rs 52,500.