Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for JOTHI NAGAR

₹4620/sq.ft.

The guideline value for Jothi Nagar in Ekkaduthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 4620 per sq.ft, effective 1 July 2024. It was Rs 4200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Ekkaduthangal

Village

Chennai South Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹4620 /sq.ft.
From 1-4-2023 ₹4200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2814 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4200 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹493 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹427 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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]
Records for a plot on Jothi Nagar

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Jothi Nagar guideline value

The current guideline value of Jothi Nagar, located in Ekkaduthangal village, is Rs 4,620 per sq.ft, effective from 1 July 2024. This property falls under the Chennai South Joint I SRO and is classified as Residential Class II Type - I.

How the guideline value of Jothi Nagar has changed

Over the years, the guideline value of Jothi Nagar has seen significant changes. The earliest recorded figure is from 2002, where the guideline value was Rs 427 per sq.ft. This figure increased to Rs 493 per sq.ft in 2003, marking a 15% rise. The value then jumped to Rs 1,000 per sq.ft in 2007, a substantial increase of 103%. Following this, the value rose dramatically to Rs 4,200 per sq.ft in 2012, reflecting a 320% increase. However, it decreased to Rs 2,814 per sq.ft in 2017, a decline of 33%. The guideline value then saw a notable increase to Rs 4,200 per sq.ft in 2023, before reaching the current value of Rs 4,620 per sq.ft in 2024, which is a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 982%. The register does not provide figures for any other years for this street.

Guideline values in Ekkaduthangal

In Ekkaduthangal, there are 190 streets under the Chennai South Joint I SRO carrying a 2024 guideline value ranging from Rs 3,080 to Rs 8,800 per sq.ft. The median value is Rs 4,620 per sq.ft, which is equal to the guideline value of Jothi Nagar.

Stamp duty and registration fee for property in Jothi Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 46,20,000. The stamp duty at 7% would be Rs 3,23,400, and the registration fee at 2% would be Rs 92,400, totaling Rs 4,15,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jothi Nagar?

The Sub Registrar Office that covers Jothi Nagar is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more details.

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

The guideline value is a critical factor in property transactions in Ekkaduthangal. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for legal documentation. It ensures that the transaction is recorded at a value recognized by the government.

Both buyers and sellers should be aware of the guideline value as it affects the overall cost of the transaction. It is essential to consult the latest figures to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Jothi Nagar?

The current guideline value of Jothi Nagar is Rs 4,620 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2002, the guideline value has increased from Rs 427 per sq.ft to Rs 4,620 per sq.ft in 2024, marking an overall increase of 982%.

What are the other streets in Ekkaduthangal with their guideline values?

Other streets in Ekkaduthangal include Jothi Nagar 1st Cross St and Jothi Nagar 2nd Cross St, both at Rs 3,520 per sq.ft, and Jothi Nagar Main Rd at Rs 4,620 per sq.ft, among others.

What is the stamp duty rate in Jothi Nagar?

The stamp duty rate in Jothi Nagar is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Jothi Nagar is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.