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Guideline Value

Corporate

Guideline Value for Jak Nagar (Kambar Street)

₹3800/sq.ft.

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

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Jak Nagar (Kambar Street) guideline value

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

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

The guideline value for Jak Nagar (Kambar Street) has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 3,800 per sq.ft, an increase from Rs 3,500 per sq.ft in the 2023 revision. Notably, the 2012 revision also recorded a value of Rs 3,500 per sq.ft, indicating no change from 2012 to 2023. The register does not contain figures for the years 2002, 2003, 2007, and 2017 for this street.

Overall, from the 2012 revision to the 2024 revision, there has been a 9% increase in the guideline value. The change from 2023 to 2024 reflects a 9% rise, marking a significant adjustment in the current valuation.

Guideline values in Thirumullaivoyal

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

Stamp duty and registration fee for property in Jak Nagar (Kambar 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, totaling Rs 3,42,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

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

The Sub Registrar Office that covers Jak Nagar (Kambar 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 plays a crucial role in the registration process 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 transactions reflect a fair valuation based on current market standards.

When registering a property, buyers and sellers must consider the guideline value to calculate applicable stamp duties and registration fees. This ensures compliance with legal requirements and accurate documentation of property transactions.

Frequently asked questions

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

The current guideline value of Jak Nagar (Kambar 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 has changed from Rs 3,500 per sq.ft in 2023 to Rs 3,800 per sq.ft in 2024, marking a 9% increase. There was no change from 2012 to 2023, as the value remained at Rs 3,500 per sq.ft.

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

Jak Nagar (Kambar Street) is classified as Residential Special Type - I under the land classification system.

What are the guideline values for other streets in Thirumullaivoyal?

Other streets in Thirumullaivoyal have a guideline value of Rs 3,800 per sq.ft for 2024, similar to Jak Nagar (Kambar Street). This includes streets like Jak Nagar (Kamarajar Street), Jak Nagar (Kataboman Street), and others.

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

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