Guideline Value for JBM SELVI GARDEN

Jbm Selvi Garden guideline value

The current guideline value of Jbm Selvi Garden is Rs 804 per sq.ft. It is located in Sriperumbudur C village, under the Sriperumpudur SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Jbm Selvi Garden has changed

Since the 2017 revision, the guideline value for Jbm Selvi Garden has remained consistent at Rs 804 per sq.ft. The 2023 revision also recorded the same value of Rs 804 per sq.ft, and the latest 2024 revision continues this trend with no change, maintaining the guideline value at Rs 804 per sq.ft.

It is important to note that there are no figures available for the revisions in the years 2002, 2003, 2007, and 2012 for this street. Therefore, the overall change from 2017 to 2024 stands at +0%.

Guideline values in Sriperumbudur C

In Sriperumbudur C, there are 63 streets under the Sriperumpudur SRO that carry a guideline value for 2024, with values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value in this area is Rs 720 per sq.ft, placing Jbm Selvi Garden's 2024 figure above that median.

• Dr.APJ Abdul Kalam Nagar: Rs 720 per sq.ft (2024)
• Chandra Avenue: Rs 1,206 per sq.ft (2024)
• Bvl Spring Blossoms Extension: Rs 800 per sq.ft (2024)
• Bharani Nagar: Rs 1,200 per sq.ft (2024)
• Aadhithya Nagar: Rs 700 per sq.ft (2024)
• Ramesh Nagar Part II: Rs 720 per sq.ft (2024)

Stamp duty and registration fee for property in Jbm Selvi Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value would be Rs 8,04,000. The stamp duty at 7% would amount to Rs 56,280, while the registration fee at 2% would be Rs 16,080, bringing the total fees together to Rs 72,360. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jbm Selvi Garden?

The Sub Registrar Office that covers Jbm Selvi Garden is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Sriperumbudur C, as it determines the minimum value at which the property can be registered. This value is used to calculate the stamp duty and registration fees applicable during the transaction.

When you register a property, the guideline value ensures that the transaction is documented at a fair value, reflecting the current market conditions. This helps maintain transparency in property dealings within the area.

Frequently asked questions

What is the current guideline value of Jbm Selvi Garden?

The current guideline value of Jbm Selvi Garden is Rs 804 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Jbm Selvi Garden has remained unchanged at Rs 804 per sq.ft since the 2017 revision, with no changes recorded in the 2023 and 2024 revisions.

What are the other streets in Sriperumbudur C?

Other streets in Sriperumbudur C include Dr.APJ Abdul Kalam Nagar, Chandra Avenue, Bvl Spring Blossoms Extension, Bharani Nagar, Aadhithya Nagar, and Ramesh Nagar Part II, with varying guideline values.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in Jbm Selvi Garden is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located?

The Sub Registrar Office covering Jbm Selvi Garden is located at 27, Chetty Street, Sriperumpudur-602 105, in the Chengalpattu registration zone.