Guideline Value for JBM DAKSHIN NAGAR PHASE I

Jbm Dakshin Nagar Phase I guideline value

The current guideline value of Jbm Dakshin Nagar Phase I is Rs 800 per sq.ft. This area is located in Perumattu Nellore village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - I.

How the guideline value of Jbm Dakshin Nagar Phase I has changed

The guideline value for Jbm Dakshin Nagar Phase I has seen several revisions over the years. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged until the 2023 revision, also at Rs 800 per sq.ft. The 2017 revision marked a decrease to Rs 536 per sq.ft, representing a 33% drop from the previous figure. There are no figures available for the years 2002, 2003, and 2007.

From 2017 to 2023, the guideline value increased by 49%, bringing it back to Rs 800 per sq.ft. The most recent revision in 2024 has maintained this value, showing no change from the previous year. Overall, from 2012 to 2024, the guideline value has remained stable at Rs 800 per sq.ft.

Guideline values in Perumattu Nellore

In Perumattu Nellore, there are 83 streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 500 to Rs 2,850 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, making the current value of Jbm Dakshin Nagar Phase I above this median.

• Jbm Dakshin Nagar: Rs 800 per sq.ft (2024)
• Jbm Dakshin Nagar Phase II: Rs 800 per sq.ft (2024)
• Jbm Dakshin Nagar Phase III: Rs 800 per sq.ft (2024)
• Janakipuram: Rs 700 per sq.ft (2024)
• Islath Nagar: Rs 500 per sq.ft (2024)
• Kanga Puram: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Jbm Dakshin Nagar Phase I

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value would be Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. 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 Jbm Dakshin Nagar Phase I?

The Sub Registrar Office that covers Jbm Dakshin Nagar Phase I is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Perumattu Nellore. 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 must be aware of this value to ensure compliance with local regulations.

When a property is bought or sold, the guideline value is used to calculate the applicable fees based on the property's size and the current rate. This ensures that both parties are aware of the financial implications of the transaction and helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Jbm Dakshin Nagar Phase I?

The current guideline value of Jbm Dakshin Nagar Phase I is Rs 800 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 800 per sq.ft from 2012 to 2024, with a decrease to Rs 536 per sq.ft in 2017. There were no figures available for the years 2002, 2003, and 2007.

What is the median guideline value in Perumattu Nellore?

The median guideline value for the 83 streets in Perumattu Nellore is Rs 700 per sq.ft, with Jbm Dakshin Nagar Phase I being above this median at Rs 800 per sq.ft.

What are the stamp duty and registration fees for property in Jbm Dakshin Nagar Phase I?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which office handles registrations for Jbm Dakshin Nagar Phase I?

The Chengleput Joint II Sub Registrar Office handles registrations for Jbm Dakshin Nagar Phase I, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.