Guideline Value for JAGANNATH MEADOWS EXTENSION

Jagannath Meadows Extension guideline value

The current guideline value of Jagannath Meadows Extension is Rs 1,800 per sq.ft. This area is located in Thazhampoor village and falls under the Thiruporur SRO. The land classification for this property is Residential Special Type - I.

How the guideline value of Jagannath Meadows Extension has changed

In the 2012 revision, the guideline value was Rs 1,800 per sq.ft. However, in the 2017 revision, it decreased to Rs 1,206 per sq.ft, marking a decline of 33%. The most recent revision in 2023 saw a significant increase to Rs 1,800 per sq.ft, representing a 49% rise from the 2017 figure. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

When we look at the overall changes from 2012 to 2023, the guideline value remains the same at Rs 1,800 per sq.ft. This indicates that while there were fluctuations in the interim years, the current value has reverted to the level established in 2012.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. However, Jagannath Meadows Extension is one of the streets under the Thiruporur SRO. Unfortunately, there are no other streets in Thazhampoor for which guideline values have been provided.

Stamp duty and registration fee for property in Jagannath Meadows Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total to Rs 1,62,000. It is essential to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jagannath Meadows Extension?

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

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

The guideline value is a critical factor when registering a property in Thazhampoor. It serves as a benchmark for determining the amount of stamp duty and registration fees that need to be paid during the transaction process. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is bought or sold, the guideline value is compared to the sale price. The higher of the two figures is used to calculate the applicable stamp duty and registration fees. This ensures that the government collects appropriate dues based on the property's value.

Frequently asked questions

What is the current guideline value of Jagannath Meadows Extension?

The current guideline value of Jagannath Meadows Extension is Rs 1,800 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, and then back to Rs 1,800 per sq.ft in 2023. This represents a 49% increase from 2017 to 2023 and a 33% decrease from 2012 to 2017.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 18,00,000, the stamp duty would be Rs 1,26,000 and the registration fee would be Rs 36,000, totaling Rs 1,62,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations in Jagannath Meadows Extension?

The Thiruporur Sub Registrar Office handles property registrations in Jagannath Meadows Extension, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there other streets in Thazhampoor with guideline values?

Currently, there are no other streets in Thazhampoor for which guideline values have been provided. Jagannath Meadows Extension is the only street mentioned under the Thiruporur SRO.