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Guideline Value

Corporate

Guideline Value for Jampuli New Colony 2nd Street

₹1700/sq.ft.

The guideline value for Jampuli New Colony 2nd Street in Jampuli village (Madhavaram SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Jampuli

Village

Madhavaram

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1600 /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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[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 Jampuli New Colony 2nd Street

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Jampuli New Colony 2nd Street guideline value

The current guideline value of Jampuli New Colony 2nd Street is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Jampuli village under the Madhavaram SRO, and it falls under the Residential Class IV Type - I land classification.

How the guideline value of Jampuli New Colony 2nd Street has changed

The guideline value for Jampuli New Colony 2nd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 1,600 per sq.ft, which was then reduced to Rs 1,072 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 1,600 per sq.ft, and the latest revision in 2024 raised it further to Rs 1,700 per sq.ft, marking a 6% increase from the previous year.

In summary, the changes in the guideline value from 2012 to 2024 show an overall increase of 6%. The revisions for the years 2002, 2003, and 2007 have no figures listed for this street in the register.

Guideline values in Jampuli

In Jampuli village, there are 118 streets under the Madhavaram SRO that carry a 2024 guideline value ranging from Rs 1,700 to Rs 3,300 per sq.ft, with a median value of Rs 2,450 per sq.ft. The guideline value for Jampuli New Colony 2nd Street is below this median.

Stamp duty and registration fee for property in Jampuli New Colony 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total cost to Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Jampuli New Colony 2nd Street?

The Jampuli New Colony 2nd Street falls under the Madhavaram Sub Registrar Office located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Jampuli. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the appropriate stamp duty and registration fees are applied.

When buying or selling property, the guideline value helps in assessing the fair transaction value. It is essential for both buyers and sellers 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 Jampuli New Colony 2nd Street?

The current guideline value of Jampuli New Colony 2nd Street is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,600 per sq.ft in 2023 to Rs 1,700 per sq.ft in 2024, a 6% increase. It was Rs 1,072 per sq.ft in 2017 and Rs 1,600 per sq.ft in 2012.

What is the median guideline value in Jampuli?

The median guideline value in Jampuli is Rs 2,450 per sq.ft, while the guideline value for Jampuli New Colony 2nd Street is below this median.

What are the stamp duty and registration fees for properties in Jampuli New Colony 2nd Street?

For a property valued at Rs 17,00,000, the stamp duty would be Rs 1,19,000, and the registration fee would be Rs 34,000, totaling Rs 1,53,000.

Which office handles registrations for Jampuli New Colony 2nd Street?

The Madhavaram Sub Registrar Office handles registrations for Jampuli New Colony 2nd Street, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.