Guideline Value

Corporate

Guideline Value for JUBLEE MODEL TOWNSHIP

₹330/sq.ft.

The guideline value for Jublee Model Township in Athipattu village (Thiruvottiyur SRO, Chennai zone) is Rs 330 per sq.ft, effective 1 July 2024. It was Rs 300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Athipattu

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹330 /sq.ft.
From 1-4-2023 ₹300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Jublee Model Township

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Jublee Model Township guideline value

The current guideline value of Jublee Model Township, located in Athipattu village under the Thiruvottiyur SRO, is Rs 330 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Jublee Model Township has changed

The guideline value for Jublee Model Township has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which was Rs 201 per sq.ft. This increased to Rs 300 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 saw the guideline value rise again to Rs 330 per sq.ft, reflecting a 10% increase from the previous year.

Between 2017 and 2024, the overall increase in the guideline value is 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Athipattu

Athipattu village features 108 streets under the Thiruvottiyur SRO, with guideline values ranging from Rs 220 to Rs 462 per sq.ft. The median value for these streets is Rs 330 per sq.ft, which is equal to the current guideline value of Jublee Model Township.

Stamp duty and registration fee for property in Jublee Model Township

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total fees together to Rs 29,700. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Jublee Model Township?

The Jublee Model Township falls under the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Athipattu. It serves as a benchmark for the minimum value at which property transactions are registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures transparency and helps in maintaining accurate records of property transactions in the area.

Frequently asked questions

What is the current guideline value of Jublee Model Township?

The current guideline value of Jublee Model Township is Rs 330 per sq.ft as per the 2024 revision effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly, with an increase from Rs 201 per sq.ft in 2017 to Rs 330 per sq.ft in 2024, representing a total increase of 64% over this period.

What is the registration office for Jublee Model Township?

The registration office for Jublee Model Township is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

How is stamp duty calculated for properties in Jublee Model Township?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 3,30,000, the stamp duty at 7% would be Rs 23,100.

What are the other streets in Athipattu with the same guideline value?

Other streets in Athipattu with the same guideline value of Rs 330 per sq.ft include Jothi Nagar, Kali Varadhan Nagar, Jaya Nagar, Kamarajar Street, Janaki Nagar, and Janakiammal Nagar.