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Guideline Value

Corporate

Guideline Value for Jani John Khan Road 4th Lane

₹5500/sq.ft.

The guideline value for Jani John Khan Road 4th 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 4th Lane

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Jani John Khan Road 4th Lane guideline value

The current guideline value of Jani John Khan Road 4th Lane is Rs 5,500 per sq.ft, effective from 1 July 2024. This road 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 4th Lane has changed

The guideline value for Jani John Khan Road 4th Lane has seen several revisions over the years. In 2007, the value was set at Rs 1,560 per sq.ft. This increased significantly to Rs 5,000 per sq.ft in 2012, marking a rise of 221%. However, between 2012 and 2017, the value decreased to Rs 3,350 per sq.ft, reflecting a drop of 33%. The guideline value then increased to Rs 5,000 per sq.ft in 2023, and further rose to the current value of Rs 5,500 per sq.ft in 2024, which is a 10% increase from the previous year. The register has no figures for the years 2002 and 2003 for this street.

Overall, from 2007 to 2024, the guideline value has increased by 253%. The changes between the revisions demonstrate fluctuations in the guideline value, with the most significant increase occurring from 2012 to 2017 and a notable rise from 2023 to 2024.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO, with guideline values for 2024 ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median guideline value in this area is Rs 6,600 per sq.ft, making the current value of Jani John Khan Road 4th Lane below that median.

Stamp duty and registration fee for property in Jani John Khan Road 4th 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 fees together to Rs 4,95,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jani John Khan Road 4th Lane?

The Jani John Khan Road 4th Lane falls under the jurisdiction of the Triplicane Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Triplicane. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value must be considered alongside the sale price. The higher of the two values will be used to calculate the applicable stamp duty and registration fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Jani John Khan Road 4th Lane?

The current guideline value of Jani John Khan Road 4th 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, reflecting an overall increase of 253% over the years.

What is the land classification of Jani John Khan Khan Road 4th Lane?

Jani John Khan Road 4th Lane is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for properties in this area?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would be Rs 4,95,000, calculated based on the guideline value of Rs 55,00,000.

Where is the Sub Registrar Office for Jani John Khan Road 4th Lane located?

The Triplicane Sub Registrar Office is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.