Guideline Value for JEWEL

Jewel guideline value

The current guideline value of Jewel in Padur village under the Thiruporur SRO is Rs 3,800 per sq.ft. The land classification for this area is Residential Class I Type - II.

How the guideline value of Jewel has changed

The guideline value for Jewel has remained consistent over the years. In the 2017 revision, the guideline value was set at Rs 3,800 per sq.ft, which did not change in the subsequent 2023 revision, maintaining the same value of Rs 3,800 per sq.ft. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

Thus, from 2017 to 2023, there has been no percentage change, as both revisions reflect the same guideline value of Rs 3,800 per sq.ft. This stability indicates that the guideline value for Jewel has not fluctuated in recent years.

Guideline values in Padur

Currently, there are no specific village figures provided for Padur. Jewel is one of the streets in this village, and it stands at a guideline value of Rs 3,800 per sq.ft.

Stamp duty and registration fee for property in Jewel

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty, charged at 7%, would be Rs 2,66,000, while the registration fee at 2% would be Rs 76,000. Therefore, the total cost for stamp duty and registration would be Rs 3,42,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jewel?

The Jewel area falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

To find your specific Sub Registrar Office, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Padur. It is used to determine the amount of stamp duty and registration fees that need to be paid, ensuring that the transaction is legally compliant.

When a property is sold, the guideline value is assessed to ensure that the sale price is in line with the government’s valuation. This helps in maintaining transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value of Jewel?

The current guideline value of Jewel is Rs 3,800 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 3,800 per sq.ft from the 2017 revision to the 2023 revision. There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Jewel?

The land classification for Jewel is Residential Class I Type - II, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for property in Jewel?

For a property valued at Rs 38,00,000, the stamp duty would be Rs 2,66,000 and the registration fee would be Rs 76,000, totaling Rs 3,42,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Jewel located?

The Thiruporur Sub Registrar Office, which covers Jewel, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.