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Guideline Value

Corporate

Guideline Value for Jak Nagar (Bharathiyar Street)

₹3800/sq.ft.

The guideline value for Jak Nagar (bharathiyar Street) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 3800 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹3800 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹3500 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Jak Nagar (bharathiyar Street)

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Jak Nagar (Bharathiyar Street) guideline value

The current guideline value of Jak Nagar (Bharathiyar Street) is Rs 3,800 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Jak Nagar (Bharathiyar Street) has changed

Over the years, the guideline value for Jak Nagar (Bharathiyar Street) has seen several revisions. The 2012 revision set the value at Rs 3,500 per sq.ft, which remained unchanged until the 2023 revision. In 2023, the value was again Rs 3,500 per sq.ft, indicating no change from the previous revision. However, the 2024 revision marked a significant increase to Rs 3,800 per sq.ft, reflecting a 9% rise from the 2023 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, placing Jak Nagar (Bharathiyar Street) above this median with its 2024 figure of Rs 3,800 per sq.ft.

Stamp duty and registration fee for property in Jak Nagar (Bharathiyar Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total fees together to Rs 3,42,000. It is important to note that 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 Jak Nagar (Bharathiyar Street)?

The Sub Registrar Office that covers Jak Nagar (Bharathiyar Street) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is an essential factor when buying or selling property in Thirumullaivoyal, as it determines the stamp duty and registration fees applicable to the transaction. Buyers and sellers must refer to the guideline value to understand the financial implications of their property transactions.

During the registration process, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction is compliant with local regulations. It is crucial to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Jak Nagar (Bharathiyar Street)?

The current guideline value of Jak Nagar (Bharathiyar Street) is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Jak Nagar (Bharathiyar Street) was Rs 3,500 per sq.ft in 2012 and remained the same until 2023. In 2024, it increased to Rs 3,800 per sq.ft, marking a 9% rise from the previous year.

What is the land classification for Jak Nagar (Bharathiyar Street)?

The land classification for Jak Nagar (Bharathiyar Street) is Residential Special Type - I, indicating its designated use for residential purposes.

Which Sub Registrar Office covers this area?

The Ambattur Sub Registrar Office covers Jak Nagar (Bharathiyar Street). The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that the transaction complies with local regulations and helps buyers and sellers understand the financial implications of their property dealings.