Guideline Value

Corporate

Guideline Value for JEEVAN CITY

₹300/sq.ft.

The guideline value for Jeevan City in Pullarapakkam village (Tiruvallur Joint 1 SRO, Chennai zone) is Rs 300 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pullarapakkam

Village

Tiruvallur Joint 1

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹300 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
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)

No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.
044-27666992
[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]

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Jeevan City guideline value

The current guideline value of Jeevan City is Rs 300 per sq.ft, effective from 1 July 2024. This area is located in Pullarapakkam village and falls under the Tiruvallur Joint 1 SRO. The land classification for this locality is Residential Class II Type - I.

How the guideline value of Jeevan City has changed

Looking at the historical revisions, the guideline value for Jeevan City was Rs 300 per sq.ft in both the 2024 and 2023 revisions. Prior to that, in the 2017 revision, the value was Rs 201 per sq.ft, marking a significant increase of 49% from 2017 to 2023. In the 2012 revision, the value was again Rs 300 per sq.ft, which indicates a decrease of 33% from the 2012 to 2017 period. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 300 per sq.ft.

The register has no figures for the years 2002, 2003, and 2007. The 2012 revision and the 2017 revision show distinct changes, while the 2023 and 2024 revisions reflect no change in the guideline value.

Guideline values in Pullarapakkam

In Pullarapakkam, there are four streets under the Tiruvallur Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,350 per sq.ft. The median guideline value for these streets is Rs 750 per sq.ft, placing Jeevan City’s 2024 figure below that median.

Stamp duty and registration fee for property in Jeevan City

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees together to Rs 27,000. Note that the duty is charged on the guideline value or the sale price, whichever is higher. You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jeevan City?

The Jeevan City area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Pullarapakkam. It serves as the benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value helps ensure that the transaction is documented at a value that reflects the prevailing rates in the area. This process aids in maintaining transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Jeevan City?

The current guideline value of Jeevan City is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2012, the guideline value has seen fluctuations, with the most recent figures being Rs 300 per sq.ft in both 2023 and 2024. The value was Rs 201 per sq.ft in 2017 and Rs 300 per sq.ft in 2012.

What are the other streets in Pullarapakkam with guideline values?

Other streets in Pullarapakkam include Jay Enclave Phase I at Rs 800 per sq.ft, Jay Enclave Phase -II at Rs 700 per sq.ft, and ஜீவன் சிட்டி பேஸ் IV at Rs 1,350 per sq.ft for the year 2024.

What is the registration fee for property in Jeevan City?

The registration fee for property in Jeevan City is calculated based on the guideline value. For example, a property valued at Rs 3,00,000 would incur a registration fee of Rs 6,000 at a rate of 2%.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the relevant link provided. The office covering Jeevan City is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.