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Guideline Value

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Guideline Value for JAMALIA NAGAR MAIN ROAD & CROSS STREET

₹6400/sq.ft.

The guideline value for Jamalia Nagar Main Road & Cross Street in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 6400 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹6400 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /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)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[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 Jamalia Nagar Main Road & Cross Street

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Jamalia Nagar Main Road & Cross Street guideline value

The current guideline value for Jamalia Nagar Main Road & Cross Street is Rs 6,400 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO, and is classified as Residential Special Type - I.

How the guideline value of Jamalia Nagar Main Road & Cross Street has changed

The guideline value for Jamalia Nagar Main Road & Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 6,000 per sq.ft, which was then decreased to Rs 4,020 per sq.ft in the 2017 revision. Following this, the value increased significantly to Rs 6,000 per sq.ft in the 2023 revision, and finally to Rs 6,400 per sq.ft in the 2024 revision, marking a 7% increase from the previous year.

From the 2017 revision to the 2023 revision, there was a notable increase of 49%. The overall change from the 2012 revision to the 2024 revision is an increase of 7%. It is important to note that the register has no figures for this street in the years 2002, 2003, and 2007.

Guideline values in Perambur

In Perambur village, there are 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value for Jamalia Nagar Main Road & Cross Street is above this median.

Stamp duty and registration fee for property in Jamalia Nagar Main Road & Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,400 per sq.ft, the total guideline value would be Rs 64,00,000. The stamp duty at 7% would amount to Rs 4,48,000, while the registration fee at 2% would be Rs 1,28,000. Together, the total cost for these fees would be Rs 5,76,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jamalia Nagar Main Road & Cross Street?

The Sub Registrar Office that covers Jamalia Nagar Main Road & Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is checked to ensure that the fees are calculated correctly. Buyers and sellers must be aware of this value to understand the financial implications of their property transactions.

Frequently asked questions

What is the current guideline value for Jamalia Nagar Main Road & Cross Street?

The current guideline value for Jamalia Nagar Main Road & Cross Street is Rs 6,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,000 per sq.ft in 2023 to Rs 6,400 per sq.ft in 2024, which is a 7% increase. It was Rs 4,020 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the land classification for Jamalia Nagar Main Road & Cross Street?

The land classification for Jamalia Nagar Main Road & Cross Street is Residential Special Type - I.

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

The Sub Registrar Office for Jamalia Nagar Main Road & Cross Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

What are the stamp duty and registration fees for property transactions?

Stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For example, for a 1,000 sq.ft plot, the total fees would be Rs 5,76,000.