Guideline Value for JEEVANANDAM 5TH ST

Jeevanandam 5th St guideline value

The current guideline value of Jeevanandam 5th St is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Paruthipattu village under the Avadi SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Jeevanandam 5th St has changed

The guideline value for Jeevanandam 5th St has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 900 per sq.ft. This was followed by a decrease to Rs 603 per sq.ft in 2017. The value then increased to Rs 900 per sq.ft in 2023, and currently, it stands at Rs 950 per sq.ft from the 2024 revision. There are no figures available for the years 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, it saw a significant increase of 49%. The overall change from 2012 to 2024 reflects a modest increase of 6%.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO with a guideline value for 2024 ranging from Rs 801 to Rs 4,730 per sq.ft. The median value for these streets is Rs 1,625 per sq.ft, making the guideline value of Jeevanandam 5th St below this median.

• Jeevanandam 4th St: Rs 950 per sq.ft (2024)
• Jeevanandam 6th St (Ambedkar St): Rs 950 per sq.ft (2024)
• Jeevanandam 3rd St: Rs 950 per sq.ft (2024)
• Jeevanandam Main Road: Rs 950 per sq.ft (2024)
• Jeevanandam 2nd St: Rs 950 per sq.ft (2024)
• Jeevanandam 1st St: Rs 950 per sq.ft (2024)

Stamp duty and registration fee for property in Jeevanandam 5th St

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, making the total cost for these fees Rs 85,500. 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 detailed calculations.

Which Sub Registrar Office covers Jeevanandam 5th St?

The Jeevanandam 5th St is covered by the Avadi Sub Registrar Office. The address is 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 plays a crucial role in the registration process of property transactions in Paruthipattu. It is used to determine the stamp duty and registration fees that must be paid during the sale or purchase of property.

When a property is registered, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Jeevanandam 5th St?

The current guideline value of Jeevanandam 5th St 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 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and currently stands at Rs 950 per sq.ft in 2024.

What is the land classification for Jeevanandam 5th St?

Jeevanandam 5th St falls under the Residential Class II Type - I land classification.

What are the stamp duty and registration fees for properties in this area?

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.

Where can I find the Sub Registrar Office for Jeevanandam 5th St?

The Avadi Sub Registrar Office covers Jeevanandam 5th St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.