Guideline Value

Corporate

Guideline Value for Jak nagar Extn. Phase II

₹3800/sq.ft.

The guideline value for Jak Nagar Extn. Phase Ii 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 ₹800 /sq.ft.
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 Extn. Phase Ii

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Jak nagar Extn. Phase II guideline value

The current guideline value of Jak nagar Extn. Phase II is Rs 3,800 per sq.ft, effective from 1 July 2024. This area is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - I.

How the guideline value of Jak nagar Extn. Phase II has changed

Over the years, the guideline value for Jak nagar Extn. Phase II has seen significant changes. The 2007 revision set the value at Rs 800 per sq.ft, which increased dramatically to Rs 3,500 per sq.ft in 2012. However, from 2012 to 2017, there was a decrease to Rs 2,345 per sq.ft. The value then rose again to Rs 3,500 per sq.ft in 2023, and most recently, it has increased to Rs 3,800 per sq.ft in the 2024 revision.

In terms of percentage changes, the guideline value increased by 338% from 2007 to 2012, then decreased by 33% from 2012 to 2017. Following this, there was a notable increase of 49% from 2017 to 2023, and a further increase of 9% from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has risen by 375%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that have a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value of Jak nagar Extn. Phase II is above this median.

Stamp duty and registration fee for property in Jak nagar Extn. Phase II

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, while the registration fee at 2% would be Rs 76,000, resulting in a total of 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 details.

Which Sub Registrar Office covers Jak nagar Extn. Phase II?

The Sub Registrar Office that covers Jak nagar Extn. Phase II 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 critical factor during the registration of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted transparently and fairly.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both buyers and sellers are aware of the financial obligations involved in the transaction based on the established guideline values.

Frequently asked questions

What is the current guideline value of Jak nagar Extn. Phase II?

The current guideline value of Jak nagar Extn. Phase II 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 significantly from Rs 800 per sq.ft in 2007 to Rs 3,800 per sq.ft in 2024, marking an overall increase of 375% over this period.

What is the land classification for Jak nagar Extn. Phase II?

Jak nagar Extn. Phase II is classified as Residential Special Type - I.

Where can I find the Sub Registrar Office for Jak nagar Extn. Phase II?

The Sub Registrar Office for Jak nagar Extn. Phase II is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is stamp duty calculated for properties in Jak nagar Extn. Phase II?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be calculated on the guideline value of Rs 38,00,000.