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Guideline Value

Corporate

Guideline Value for Jani John Khan Road 3rd Lane

₹5500/sq.ft.

The guideline value for Jani John Khan Road 3rd 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 3rd Lane

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Jani John Khan Road 3rd Lane guideline value

The current guideline value for Jani John Khan Road 3rd 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 3rd Lane has changed

The guideline value for Jani John Khan Road 3rd 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. However, this value dropped to Rs 3,350 per sq.ft in the 2017 revision, marking a decrease of 33%. The 2023 revision saw a substantial increase to Rs 5,000 per sq.ft, and the latest 2024 revision raised it further to Rs 5,500 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that 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 a total of 415 streets under the Triplicane SRO that carry a 2024 guideline value, ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value for these streets is Rs 6,600 per sq.ft, placing Jani John Khan Road 3rd Lane's 2024 figure below that median.

Stamp duty and registration fee for property in Jani John Khan Road 3rd Lane

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

Which Sub Registrar Office covers Jani John Khan Road 3rd Lane?

The Sub Registrar Office that covers Jani John Khan Road 3rd 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

The guideline value is a crucial factor in the registration process when buying or selling property in Triplicane. It serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory for any property transaction.

When a property is registered, the stamp duty is calculated based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Jani John Khan Road 3rd Lane?

The current guideline value for Jani John Khan Road 3rd 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 significantly from Rs 1,560 per sq.ft in 2007 to Rs 5,500 per sq.ft in 2024, an overall increase of 253%.

What are the stamp duty and registration fees for properties on this street?

For a property valued at Rs 55,00,000, the stamp duty would be Rs 3,85,000, and the registration fee would be Rs 1,10,000, totaling Rs 4,95,000.

Which Sub Registrar Office covers this area?

The Triplicane Sub Registrar Office covers Jani John Khan Road 3rd Lane, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

What is the land classification for Jani John Khan Khan Road 3rd Lane?

Jani John Khan Road 3rd Lane is classified as Residential Class II Type - I.