Guideline Value

Corporate

Guideline Value for JEEVA NAGAR

₹770/sq.ft.

The guideline value for Jeeva Nagar in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

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

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Jeeva Nagar guideline value

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

How the guideline value of Jeeva Nagar has changed

The guideline value for Jeeva Nagar has seen several revisions over the years. The oldest recorded revision is from 2017, where the value was Rs 469 per sq.ft. This figure increased to Rs 700 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 set the value at Rs 770 per sq.ft, which is a 10% increase from the previous year.

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

Guideline values in Thiruninravur-B

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

Stamp duty and registration fee for property in Jeeva Nagar

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, bringing the total cost for these fees to Rs 69,300. 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 accurate calculations based on your specific property.

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.

To find your specific SRO, you can visit find your SRO.

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 calculating the stamp duty and registration fees, which are mandatory for legal property transfer.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, facilitating transparency in property dealings. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Jeeva Nagar?

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

How has the guideline value changed over the years?

The guideline value has increased from Rs 469 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and then to Rs 770 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the other streets in Thiruninravur-B with similar guideline values?

Several other streets in Thiruninravur-B have a guideline value of Rs 770 per sq.ft in 2024, including Jayaram Nagar Annexue, Janagi Nagar, and Jagadeesan Nagar. These streets reflect the median guideline value for the area.

What fees are associated with property registration in Jeeva Nagar?

When registering property in Jeeva Nagar, buyers must pay a stamp duty of 7% and a registration fee of 2% based on the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur total fees of Rs 69,300.

Where can I find the Sub Registrar Office for Jeeva Nagar?

The Avadi Sub Registrar Office covers Jeeva Nagar and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your specific SRO online.