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Guideline Value for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8

₹660/sq.ft.

The guideline value for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 in Old Gummidipoondi village (Gummidipoondi SRO, Chennai zone) is Rs 660 per sq.ft, effective 1 July 2024. It was Rs 600 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

Old Gummidipoondi

Village

Gummidipoondi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹660 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹146 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹128 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201
044_29570408
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Jai Hind Nagar Ist Street Ward No.13 Door No.1-8

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Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 guideline value

The current guideline value for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 is Rs 660 per sq.ft. This property is located in Old Gummidipoondi village, under the Gummidipoondi SRO, classified as Residential Class II Type - I.

How the guideline value of Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 has changed

The guideline value for this street has undergone several revisions over the years. Starting from Rs 128 per sq.ft in 2002, it increased to Rs 146 per sq.ft in 2003, marking a 14% rise. By 2007, the value rose significantly to Rs 400 per sq.ft, which was a 174% increase. In 2012, the value remained at Rs 600 per sq.ft, but then dropped to Rs 402 per sq.ft in 2017, reflecting a decrease of 33%.

In 2023, the guideline value was revised to Rs 600 per sq.ft, and it further increased to Rs 660 per sq.ft in 2024, representing a 10% rise. Overall, from 2002 to 2024, the guideline value has increased by 416%.

Guideline values in Old Gummidipoondi

In Old Gummidipoondi, there are 90 streets under the Gummidipoondi SRO that carry a 2024 guideline value, ranging from Rs 220 to Rs 1,210 per sq.ft. The median value is Rs 660 per sq.ft, which is the same as the 2024 figure for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8.

Stamp duty and registration fee for property in Jai Hind Nagar Ist Street Ward No.13 Door No.1-8

For a 1,000 sq.ft plot at the current guideline value of Rs 660 per sq.ft, the total guideline value amounts to Rs 6,60,000. The stamp duty at 7% would be Rs 46,200, and the registration fee at 2% would be Rs 13,200, totaling Rs 59,400. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jai Hind Nagar Ist Street Ward No.13 Door No.1-8?

The Sub Registrar Office that covers Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 is the Gummidipoondi Sub Registrar Office, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201, Chennai registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor when registering property transactions in Old Gummidipoondi. It serves as the basis for calculating the stamp duty and registration fees that need to be paid during the registration process.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. It is essential to be aware of the current guideline value to understand the financial implications of the transaction.

Frequently asked questions

What is the current guideline value for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8?

The current guideline value for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8 is Rs 660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 128 per sq.ft in 2002 to Rs 660 per sq.ft in 2024, showing an overall increase of 416% over the years.

What are the stamp duty and registration fees for this property?

For a property of 1,000 sq.ft at the current guideline value, the total stamp duty is Rs 46,200 and the registration fee is Rs 13,200, totaling Rs 59,400.

Which office handles property registrations in this area?

The Gummidipoondi Sub Registrar Office handles property registrations for Jai Hind Nagar Ist Street Ward No.13 Door No.1-8, located at No.9, Grc Complex, G.n.t.road, Gummidipoondi-601201.

Where can I find more information about guideline values in Old Gummidipoondi?

For more information on guideline values in Old Gummidipoondi, you can refer to the relevant sections on the Tamil Nadu Registration Department's website.