Guideline Value for JAYARAM NAGAR ANNEXUE

Jayaram Nagar Annexue guideline value

The current guideline value of Jayaram Nagar Annexue is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-B village, under the Avadi SRO, and is classified as Residential Class II Type - III.

How the guideline value of Jayaram Nagar Annexue has changed

The guideline value for Jayaram Nagar Annexue has seen several revisions over the years. The earliest recorded figure is from 2017, where it was set at Rs 469 per sq.ft. This increased to Rs 700 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 has set the guideline value at Rs 770 per sq.ft, reflecting a further increase of 10% from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that have a guideline value for 2024, ranging from Rs 330 to Rs 1,760 per sq.ft. The median value is Rs 770 per sq.ft, which is equal to the guideline value of Jayaram Nagar Annexue.

• Jeeva Nagar: Rs 770 per sq.ft (2024)
• Jaya Nagar: Rs 870 per sq.ft (2024)
• Jayam Avenue: Rs 1,625 per sq.ft (2024)
• J.M. Nagar: Rs 1,400 per sq.ft (2024)
• Janagi Nagar: Rs 770 per sq.ft (2024)
• Jagadeesan Nagar: Rs 770 per sq.ft (2024)

Stamp duty and registration fee for property in Jayaram Nagar Annexue

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, leading to a total of Rs 69,300. Please note that 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 information.

Which Sub Registrar Office covers Jayaram Nagar Annexue?

The Sub Registrar Office that covers Jayaram Nagar Annexue is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor in the registration process of property transactions in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is sold or purchased.

When buyers and sellers engage in a transaction, the guideline value helps ensure that the appropriate taxes are collected based on the official valuation of the property. This process is vital for maintaining transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Jayaram Nagar Annexue?

The current guideline value of Jayaram Nagar Annexue is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 469 per sq.ft to Rs 770 per sq.ft in 2024. The most notable changes occurred between 2017 and 2023, with a 49% increase, followed by a 10% rise from 2023 to 2024.

What is the land classification of Jayaram Nagar Annexue?

Jayaram Nagar Annexue is classified as Residential Class II Type - III. This classification is important for understanding the zoning and permissible uses of the land.

Where can I find the Sub Registrar Office for Jayaram Nagar Annexue?

The Sub Registrar Office for Jayaram Nagar Annexue is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Jayaram Nagar Annexue?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 7,70,000, the stamp duty would be Rs 53,900 at a rate of 7%.