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Guideline Value for JAWAHAR STREET 97/4C, 4I, 4J, 5,6,7,8,910

₹878/sq.ft.

The guideline value for Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 in Chembarambakkam village (Poonamallee SRO, Chennai zone) is Rs 878 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - V. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chembarambakkam

Village

Poonamallee

SRO

Residential Class I Type - V
History
Period Guideline Value
From 1-7-2024 ₹878 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
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)

No.332 U + 9cc Malma Nagar Poonallee Chennai - 600056
044-26494966
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910

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Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 guideline value

The current guideline value for Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 is Rs 878 per sq.ft, effective from 1 July 2024. This street is located in Chembarambakkam village, under the Poonamallee SRO, and is classified as Residential Class I Type - V.

How the guideline value of Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 has changed

In the 2023 revision, the guideline value was Rs 800 per sq.ft. The 2024 revision saw an increase of 10%, bringing the value to Rs 878 per sq.ft. For the years prior to 2023, the register has no figure for this street in 2017, 2012, 2007, 2003, and 2002.

Thus, the only recorded changes in the guideline value for Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 occurred between the 2023 and 2024 revisions, reflecting a significant adjustment in the property valuation.

Guideline values in Chembarambakkam

In Chembarambakkam, there are 64 streets under the Poonamallee SRO with a 2024 guideline value ranging from Rs 550 to Rs 4,000 per sq.ft. The median value is Rs 1,100 per sq.ft, making the guideline value of Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 below this median.

Stamp duty and registration fee for property in Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910

For a 1,000 sq.ft plot at the current rate of Rs 878 per sq.ft, the guideline value would be Rs 8,78,000. The stamp duty at 7% would be Rs 61,460, and the registration fee at 2% would be Rs 17,560, totaling Rs 79,020. 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 Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910?

The Sub Registrar Office that covers Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Chembarambakkam. It is used to calculate the stamp duty and registration fees payable at the time of registration, ensuring that the property is valued correctly for legal purposes.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two amounts is used to determine the applicable duties and fees. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value for Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910?

The current guideline value for Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 is Rs 878 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value increased from Rs 800 per sq.ft in 2023 to Rs 878 per sq.ft in 2024, which is a 10% increase.

What is the classification of land for Jawahar Street?

Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910 is classified as Residential Class I Type - V.

Which Sub Registrar Office should I visit for properties in this area?

The Poonamallee Sub Registrar Office covers properties in Jawahar Street 97/4c, 4i, 4j, 5,6,7,8,910. The office is located at No.332 U + 9cc Malma Nagar Poonallee Chennai - 600056.

How is stamp duty calculated for properties in Chembarambakkam?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 8,78,000, the stamp duty would be calculated at 7% of this amount.