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Guideline Value

Corporate

Guideline Value for Jak Nagar (Kakkan Street)

₹3800/sq.ft.

The guideline value for Jak Nagar (kakkan 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 ₹2345 /sq.ft.
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 (kakkan Street)

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Jak Nagar (Kakkan Street) guideline value

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

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

The guideline value for Jak Nagar (Kakkan Street) has seen several revisions over the years. Starting with the 2012 revision at Rs 3,500 per sq.ft, it then decreased to Rs 2,345 per sq.ft in 2017. Following this, the value increased significantly to Rs 3,500 per sq.ft in 2023, and finally rose to Rs 3,800 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. The overall change from 2012 to 2024 shows a modest increase of 9%. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this area is Rs 2,400 per sq.ft, making Jak Nagar (Kakkan Street) above the median value for 2024.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,800 per sq.ft, the total guideline value would be Rs 38,00,000. The stamp duty at 7% would amount to Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, bringing the total fees to Rs 3,42,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jak Nagar (Kakkan Street)?

The Sub Registrar Office covering Jak Nagar (Kakkan Street) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that the transactions are conducted fairly and transparently.

When you register a property, the guideline value is used to calculate the stamp duty and registration fees. This means that even if the sale price is lower than the guideline value, the duty will be calculated based on the higher of the two amounts.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has fluctuated, decreasing to Rs 2,345 per sq.ft in 2017, then increasing to Rs 3,500 per sq.ft in 2023, and finally reaching Rs 3,800 per sq.ft in 2024.

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

Jak Nagar (Kakkan Street) is classified as Residential Special Type - I, indicating its designated use for residential purposes.

What is the median guideline value in Thirumullaivoyal?

The median guideline value in Thirumullaivoyal is Rs 2,400 per sq.ft, which means that Jak Nagar (Kakkan Street) is above this median value for 2024.

Where can I find the Sub Registrar Office for Jak Nagar (Kakkan Street)?

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