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Guideline Value

Corporate

Guideline Value for Jak Nagar (Kamarajar Street)

₹3800/sq.ft.

The guideline value for Jak Nagar (kamarajar 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 (kamarajar Street)

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Jak Nagar (Kamarajar Street) guideline value

The current guideline value of Jak Nagar (Kamarajar 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 is classified as Residential Special Type - I.

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

In the 2012 revision, the guideline value was Rs 3,500 per sq.ft. This figure saw a decrease to Rs 2,345 per sq.ft in the 2017 revision, marking a drop of 33%. However, from 2017 to 2023, the value increased significantly by 49%, reaching Rs 3,500 per sq.ft. The most recent revision in 2024 has further increased the guideline value to Rs 3,800 per sq.ft, reflecting a 9% rise from the previous year.

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

Guideline values in Thirumullaivoyal

Thirumullaivoyal village has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, placing Jak Nagar (Kamarajar Street) above this median.

Stamp duty and registration fee for property in Jak Nagar (Kamarajar 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 cost for these fees 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 our stamp duty and registration fee calculator for more details.

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

The Sub Registrar Office that covers Jak Nagar (Kamarajar 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 information.

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

The guideline value is a crucial factor when registering property transactions in Thirumullaivoyal. It serves as the benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the legal value of the property. This process is essential for maintaining transparency in real estate transactions.

Frequently asked questions

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

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

How has the guideline value changed over the years?

Since 2012, the guideline value has changed from Rs 3,500 to Rs 2,345 in 2017, then back to Rs 3,500 in 2023, and finally to Rs 3,800 in 2024.

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

Jak Nagar (Kamarajar Street) is classified as Residential Special Type - I.

What are the stamp duty and registration fees for property in Jak Nagar (Kamarajar Street)?

For a property valued at Rs 38,00,000, the stamp duty at 7% is Rs 2,66,000, and the registration fee at 2% is Rs 76,000, totaling Rs 3,42,000.

Which office handles registrations for Jak Nagar (Kamarajar Street)?

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