Guideline Value for JAGANNATH ARCH

Jagannath Arch guideline value

The current guideline value of Jagannath Arch is Rs 2,000 per sq.ft. This property is located in Thaiyur-A village under the Thiruporur SRO, and it falls under the Commercial Class I Type - I land classification.

How the guideline value of Jagannath Arch has changed

According to the guideline value register, the revisions for Jagannath Arch include several years with no figures available. The most recent revision is from 2023, which set the guideline value at Rs 2,000 per sq.ft. Prior revisions from 2024, 2017, 2012, 2007, 2003, and 2002 have no figures listed for this street.

Since the 2023 revision is the only one with a specified guideline value, there have been no changes in the guideline value for Jagannath Arch across the previous revisions. Each of the earlier years mentioned does not provide a figure for this street, indicating stability in the current valuation.

Guideline values in Thaiyur-A

No specific village figures are provided for Thaiyur-A. Jagannath Arch is the only street mentioned in this context, and there are no other streets in Thaiyur-A under the Thiruporur SRO.

Stamp duty and registration fee for property in Jagannath Arch

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total fees together to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jagannath Arch?

The Sub Registrar Office that covers Jagannath Arch is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find more information at find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role in the registration process when buying or selling property in Thaiyur-A. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that all transactions are compliant with the regulations set by the Registration Department.

When a property is sold, the transaction must reflect the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Jagannath Arch?

The current guideline value of Jagannath Arch is Rs 2,000 per sq.ft as per the 2023 revision.

What revisions have occurred for Jagannath Arch?

The revisions for Jagannath Arch include the 2023 revision with a guideline value of Rs 2,000 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002.

What is the land classification of Jagannath Arch?

Jagannath Arch falls under the Commercial Class I Type - I land classification, indicating its suitability for commercial activities.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 20,00,000, the total fees would amount to Rs 1,80,000.

Where is the Sub Registrar Office for Jagannath Arch located?

The Thiruporur Sub Registrar Office, which covers Jagannath Arch, is located at No.29, South Mada Street, Thiruporur-603110, in the Chengalpattu registration zone.