Guideline Value for JEEVA NAGAR
₹950/sq.ft.
The guideline value for Jeeva Nagar in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 950 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Paruthipattu
Village
Avadi
SRO
Residential Class II Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹950 /sq.ft. |
| From 1-4-2023 | ₹900 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹603 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹900 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹350 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹97 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹84 /sq.ft. |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Jeeva Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Avadi sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Jeeva Nagar guideline value
The current guideline value of Jeeva Nagar, located in Paruthipattu village under the Avadi Sub Registrar Office (SRO), is Rs 950 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.
How the guideline value of Jeeva Nagar has changed
The guideline value of Jeeva Nagar has seen several revisions over the years. In 2002, the guideline value was Rs 84 per sq.ft, which increased to Rs 97 per sq.ft in 2003, marking a 15% rise. The value continued to rise significantly, reaching Rs 350 per sq.ft in 2007, which was a 261% increase from 2003. Following this, the guideline value rose to Rs 900 per sq.ft in 2012, representing a 157% increase from the previous revision. However, from 2012 to 2017, the value decreased by 33%, settling at Rs 603 per sq.ft. The value then increased again to Rs 900 per sq.ft in 2023, before reaching the current value of Rs 950 per sq.ft in 2024, which is a 6% increase from the previous year.
Overall, from 2002 to 2024, the guideline value has increased by 1,031%. The register has no figure for the years not listed in this summary.
Guideline values in Paruthipattu
In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. The guideline value of Jeeva Nagar is below this median.
- Jeevanandam 1st St: Rs 950 per sq.ft (2024)
- Jeevanandam 2nd St: Rs 950 per sq.ft (2024)
- Jeevanandam 3rd St: Rs 950 per sq.ft (2024)
- Jeevanandam 4th St: Rs 950 per sq.ft (2024)
- Jeevanandam 5th St: Rs 950 per sq.ft (2024)
- Jeevanandam 6th St (Ambedkar St): Rs 950 per sq.ft (2024)
Stamp duty and registration fee for property in Jeeva Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total charges to Rs 85,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Jeeva Nagar?
The Sub Registrar Office that covers Jeeva Nagar 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 information.
How the guideline value is used when you buy or sell in Paruthipattu
The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. The guideline value ensures that the property is assessed fairly based on its location and type.
When a property is registered, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This process helps maintain transparency and standardization in property transactions within the region.
Frequently asked questions
What is the current guideline value of Jeeva Nagar?
The current guideline value of Jeeva Nagar is Rs 950 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 84 per sq.ft in 2002 to Rs 950 per sq.ft in 2024, reflecting an overall increase of 1,031% over this period.
What are the stamp duty and registration fees for property in Jeeva Nagar?
For a property valued at Rs 9,50,000, the stamp duty would be Rs 66,500, and the registration fee would be Rs 19,000, totaling Rs 85,500.
Which office handles property registrations in Jeeva Nagar?
The Avadi Sub Registrar Office handles property registrations in Jeeva Nagar, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.
What is the land classification for Jeeva Nagar?
The land classification for Jeeva Nagar is Residential Class II Type - I, indicating its suitability for residential purposes.
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