Guideline Value for JAYAM HOUSING SITE

₹200/sq.ft.

The guideline value for Jayam Housing Site in Aaladu village (Ponneri SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Aaladu

Village

Ponneri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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)

9/5,taluk Office Road, Ponneri, Chennai-601204
044-27974517
[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 Jayam Housing Site

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Jayam Housing Site guideline value

The current guideline value for Jayam Housing Site, Aaladu village, under the Ponneri SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class I Type - I land classification.

How the guideline value of Jayam Housing Site has changed

The guideline value for Jayam Housing Site has seen several revisions over the years. The oldest recorded revision is from 2012, where the value was Rs 200 per sq.ft. In 2017, the value dropped to Rs 134 per sq.ft, marking a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 200 per sq.ft. The most recent revision in 2024 maintained this value at Rs 200 per sq.ft, indicating no change from the previous year.

It is important to note that the register has no figures for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 200 per sq.ft.

Guideline values in Aaladu

Aaladu village has 13 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 400 per sq.ft, with a median value of Rs 200 per sq.ft. The guideline value for Jayam Housing Site aligns with this median.

Stamp duty and registration fee for property in Jayam Housing Site

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty is charged at 7%, which results in Rs 14,000, while the registration fee at 2% amounts to Rs 4,000. Therefore, the total fees together would be Rs 18,000. 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 information.

Which Sub Registrar Office covers Jayam Housing Site?

The Jayam Housing Site is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Aaladu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers should be aware of the guideline value to ensure compliance with local regulations.

When a property is registered, the guideline value is used to calculate the applicable fees. This ensures that the transaction is recorded accurately and that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value for Jayam Housing Site?

The current guideline value for Jayam Housing Site in Aaladu village is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024, with a significant increase of 49% from 2017 to 2023.

What are the other streets in Aaladu with their guideline values?

Other streets in Aaladu under the Ponneri SRO also have a guideline value of Rs 200 per sq.ft for 2024, including Illahi Nagar, Gomathi Amman Nagar, Duraiswami Nagar, Annamalai Nagar, Annai Nagar, and Abirami Nagar.

How is the stamp duty calculated for properties in Jayam Housing Site?

The stamp duty for properties in Jayam Housing Site is calculated at 7% of the guideline value or sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 2,00,000, resulting in a stamp duty of Rs 14,000.

Which office handles registrations for properties in Jayam Housing Site?

The Ponneri Sub Registrar Office handles registrations for properties in Jayam Housing Site. It is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.