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Guideline Value

Corporate

Guideline Value for JAGAN NAGAR EXT

₹485/sq.ft.

The guideline value for Jagan Nagar Ext in Vichoor_b village (Thiruvottiyur SRO, Chennai zone) is Rs 485 per sq.ft, effective 1 July 2024. It was Rs 441 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:

Chennai

Zone

Vichoor_b

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹485 /sq.ft.
From 1-4-2023 ₹441 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹295 /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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Jagan Nagar Ext

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Jagan Nagar Ext guideline value

The current guideline value of Jagan Nagar Ext is Rs 485 per sq.ft, effective from 1 July 2024. This street is located in Vichoor_B village under the Thiruvottiyur SRO and is classified as Residential Class I Type - I.

How the guideline value of Jagan Nagar Ext has changed

The guideline value for Jagan Nagar Ext has seen several revisions over the years. In 2017, the value was Rs 295 per sq.ft, which increased to Rs 441 per sq.ft in 2023. The latest revision in 2024 has raised the guideline value to Rs 485 per sq.ft, marking a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has risen by 64%. The register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Vichoor_B

In Vichoor_B, there are 45 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 550 per sq.ft. The median value is Rs 485 per sq.ft, which is equal to the guideline value of Jagan Nagar Ext.

Stamp duty and registration fee for property in Jagan Nagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 485 per sq.ft, the total guideline value amounts to Rs 4,85,000. The stamp duty at 7% would be Rs 33,950, and the registration fee at 2% would be Rs 9,700, bringing the total fees to Rs 43,650. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jagan Nagar Ext?

The Sub Registrar Office that covers Jagan Nagar Ext is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

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

Buyers and sellers must consider the guideline value to ensure compliance with legal requirements during property registration. It is essential to check the latest updates on guideline values to avoid any discrepancies during the transaction process.

Frequently asked questions

What is the current guideline value of Jagan Nagar Ext?

The current guideline value of Jagan Nagar Ext is Rs 485 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 295 per sq.ft in 2017 to Rs 485 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the land classification of Jagan Nagar Ext?

Jagan Nagar Ext is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Thiruvottiyur Sub Registrar Office?

The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is the stamp duty calculated for properties in Jagan Nagar Ext?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 4,85,000, the stamp duty would be Rs 33,950 at 7%.