Guideline Value for JEYAM NAGAR

Jeyam Nagar guideline value

The current guideline value of Jeyam Nagar, located in Pakkam village, is Rs 700 per sq.ft as per the 2023 revision. This area falls under the Tiruvallur Joint 1 SRO and is classified as Residential Class I Type - I.

How the guideline value of Jeyam Nagar has changed

The guideline value for Jeyam Nagar has undergone several revisions over the years. The most recent figure, from the 2023 revision, is Rs 700 per sq.ft. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 in the register for this street.

In summary, the only recorded guideline value for Jeyam Nagar is from the 2023 revision at Rs 700 per sq.ft. There have been no changes noted between the revisions listed above.

Guideline values in Pakkam

Currently, there are no specific village figures provided for Pakkam. Jeyam Nagar is the only street mentioned under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Jeyam Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jeyam Nagar?

The Sub Registrar Office that covers Jeyam Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor in the property registration process in Pakkam. It serves as a benchmark for determining the applicable stamp duty and registration fees during property transactions.

When buying or selling property, the guideline value is used to calculate the stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Jeyam Nagar?

The current guideline value of Jeyam Nagar is Rs 700 per sq.ft, as per the 2023 revision.

What is the land classification of Jeyam Nagar?

Jeyam Nagar is classified as Residential Class I Type - I, indicating its designation for residential purposes.

How often does the guideline value get revised?

The guideline value is revised periodically, with the most recent revision for Jeyam Nagar occurring in 2023. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

What are the fees associated with property registration in Jeyam Nagar?

The fees for property registration in Jeyam Nagar include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

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

The Tiruvallur Joint 1 Sub Registrar Office covers Jeyam Nagar and is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.