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Guideline Value

Corporate

Guideline Value for Jani John Khan Road 2nd Lane

₹5500/sq.ft.

The guideline value for Jani John Khan Road 2nd Lane in Triplicane village (Triplicane SRO, Chennai zone) is Rs 5500 per sq.ft, effective 1 July 2024. It was Rs 5000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Triplicane

Village

Triplicane

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹5500 /sq.ft.
From 1-4-2023 ₹5000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3350 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹5000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1560 /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)

No.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28611761
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Jani John Khan Road 2nd Lane

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Jani John Khan Road 2nd Lane guideline value

The current guideline value of Jani John Khan Road 2nd Lane is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village, under the Triplicane SRO, and is classified as Residential Class II Type - I.

How the guideline value of Jani John Khan Road 2nd Lane has changed

The guideline value for Jani John Khan Road 2nd Lane has seen several revisions over the years. In the 2007 revision, the value was Rs 1,560 per sq.ft, which increased significantly to Rs 5,000 per sq.ft in the 2012 revision, marking a rise of 221%. However, in the 2017 revision, the value decreased to Rs 3,350 per sq.ft, a drop of 33%. The 2023 revision brought the value back up to Rs 5,000 per sq.ft, and in the latest 2024 revision, it increased further to Rs 5,500 per sq.ft, reflecting a 10% rise.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 253%.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO, with guideline values ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median value is Rs 6,600 per sq.ft, placing Jani John Khan Road 2nd Lane's 2024 figure below the median.

Stamp duty and registration fee for property in Jani John Khan Road 2nd Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 5,500 per sq.ft, the total guideline value amounts to Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, bringing the total fees together to Rs 4,95,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jani John Khan Road 2nd Lane?

The Sub Registrar Office covering Jani John Khan Road 2nd Lane is the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for more information.

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

When buying or selling property in Triplicane, the guideline value plays a crucial role in determining the stamp duty and registration fees. The guideline value is set by the government and reflects the minimum value at which a property can be registered.

It is essential for buyers and sellers to be aware of the current guideline value, as it impacts the overall cost of the transaction. The fees are calculated based on this value, ensuring that all parties are informed of the financial implications involved in the property transfer.

Frequently asked questions

What is the current guideline value of Jani John Khan Road 2nd Lane?

The current guideline value of Jani John Khan Road 2nd Lane is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,560 per sq.ft in 2007 to Rs 5,500 per sq.ft in 2024, showing an overall increase of 253% over the years.

What is the land classification for Jani John Khan Road 2nd Lane?

Jani John Khan Road 2nd Lane is classified as Residential Class II Type - I, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Jani John Khan Road 2nd Lane is located at No.182 Bharati Salai (pycrafts Road), Royapettah, Chennai-600014.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 55,00,000, the stamp duty would be Rs 3,85,000 at 7%.