Guideline Value for JAWAGARLAL STREET (OR) BIG KAMMALA STREET

Jawagarlal Street (Or) Big Kammala Street guideline value

The current guideline value of Jawagarlal Street (Or) Big Kammala Street is Rs 2,310 per sq.ft, effective from 1 July 2024. This street is located in Kanchipuram Town village and falls under the Kanchipuram Joint I SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Jawagarlal Street (Or) Big Kammala Street has changed

Over the years, the guideline value for Jawagarlal Street (Or) Big Kammala Street has seen several revisions. The 2012 revision set the value at Rs 2,100 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,407 per sq.ft. The 2023 revision then increased the value to Rs 2,100 per sq.ft, and the latest 2024 revision has raised it further to Rs 2,310 per sq.ft, marking a 10% increase from the previous year.

From the 2012 revision to the 2024 revision, the overall change has been an increase of 10%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Kanchipuram Town

Kanchipuram Town has a total of 85 streets under the Kanchipuram Joint I SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 1,650 per sq.ft, placing Jawagarlal Street (Or) Big Kammala Street above this median.

• Irrttaipillaiyar Kovil Street: Rs 1,100 per sq.ft (2024)
• Hospital Street (Or) Madhangeeswarar Kovil Street: Rs 3,300 per sq.ft (2024)
• Kalandar Street: Rs 1,650 per sq.ft (2024)
• Kamaraj Street(A) Nagar: Rs 1,100 per sq.ft (2024)
• Kamatchiamman North Mada Street: Rs 1,650 per sq.ft (2024)
• Kamatchiamman Sannathi Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Jawagarlal Street (Or) Big Kammala Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,310 per sq.ft, the total guideline value amounts to Rs 23,10,000. The stamp duty at 7% would be Rs 1,61,700, while the registration fee at 2% would be Rs 46,200, bringing the total cost to Rs 2,07,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating your fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jawagarlal Street (Or) Big Kammala Street?

The Sub Registrar Office that covers Jawagarlal Street (Or) Big Kammala Street is the Kanchipuram Joint I Sub Registrar Office, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value serves as a benchmark for property transactions in Kanchipuram Town. When buying or selling property, this value is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

It is essential for buyers and sellers to be aware of the guideline value as it influences the overall costs involved in property transactions. Understanding this value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Jawagarlal Street (Or) Big Kammala Street?

The current guideline value of Jawagarlal Street (Or) Big Kammala Street is Rs 2,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,100 per sq.ft in 2012 to Rs 2,310 per sq.ft in 2024, reflecting an overall increase of 10% from 2012 to 2024.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,61,700 and the registration fee would be Rs 46,200, totaling Rs 2,07,900.

Which Sub Registrar Office covers this street?

The Kanchipuram Joint I Sub Registrar Office covers Jawagarlal Street (Or) Big Kammala Street, located at No.52 Orikkai Madura, Udhayamangalam Village, Near Anna Kudiyiruppu, Kanchipuram -631502.

What is the land classification for this area?

The land classification for Jawagarlal Street (Or) Big Kammala Street is Residential Class I Type - II.