Guideline Value

Corporate

Guideline Value for JONES CASSIA

₹2700/sq.ft.

The guideline value for Jones Cassia in Ottiyampakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Ottiyampakkam

Village

Selaiyur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Jones Cassia

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Jones Cassia guideline value

The current guideline value of Jones Cassia in Ottiyampakkam village is Rs 2,700 per sq.ft, effective from 1 July 2024. This area falls under the Selaiyur Sub Registrar Office (SRO) and is classified as Residential Special Type - II.

How the guideline value of Jones Cassia has changed

The guideline value for Jones Cassia has seen several revisions over the years. The 2012 revision set the rate at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,500 per sq.ft, and the most recent 2024 revision has raised it to Rs 2,700 per sq.ft.

In terms of percentage changes, there was a significant increase of 49% from 2017 to 2023. The change from 2023 to 2024 is an increase of 8%. Overall, comparing the 2012 revision to the 2024 revision, the guideline value has increased by 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ottiyampakkam

In Ottiyampakkam, there are 88 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 1,300 to Rs 4,300 per sq.ft. The median value for these streets is Rs 1,950 per sq.ft, placing Jones Cassia's 2024 figure above this median.

Stamp duty and registration fee for property in Jones Cassia

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty is charged at 7%, which totals Rs 1,89,000, and the registration fee is charged at 2%, amounting to Rs 54,000. Together, the total cost for stamp duty and registration fee would be Rs 2,43,000. Please 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 details.

Which Sub Registrar Office covers Jones Cassia?

The Jones Cassia area is covered by the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Ottiyampakkam. It is used to determine the stamp duty and registration fees payable during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price, but the duty will be charged on the higher of the two.

When registering a property, it is essential to consider the guideline value, as it affects the overall cost of the transaction. This ensures that all legal requirements are met and that the property is accurately valued for taxation purposes.

Frequently asked questions

What is the current guideline value of Jones Cassia?

The current guideline value of Jones Cassia is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then increased to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,700 per sq.ft in 2024.

What is the land classification for Jones Cassia?

Jones Cassia is classified as Residential Special Type - II, indicating its intended use for residential purposes.

What are the other streets in Ottiyampakkam?

Other streets in Ottiyampakkam include Jones Cassia-II, Jones Cassia-III, Jones Cassia-III Extension-I, Jones Cassia-IV, Jones Cassia-V, and Jones Cassia-VI, with varying guideline values.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073.