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Guideline Value

Corporate

Guideline Value for Jani John Khan Road 5th Lane

₹5500/sq.ft.

The guideline value for Jani John Khan Road 5th 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 5th Lane

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Jani John Khan Road 5th Lane guideline value

The current guideline value for Jani John Khan Road 5th 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 5th Lane has changed

The guideline value for Jani John Khan Road 5th Lane has undergone several revisions over the years. In 2007, the value was Rs 1,560 per sq.ft, which increased significantly to Rs 5,000 per sq.ft in 2012. However, it decreased to Rs 3,350 per sq.ft in 2017. The value then rose to Rs 5,000 per sq.ft in 2023, and as of the latest revision in 2024, it stands at Rs 5,500 per sq.ft. The changes between these revisions are notable, with an increase of 221% from 2007 to 2012, a decrease of 33% from 2012 to 2017, and an increase of 49% from 2017 to 2023, followed by a 10% increase from 2023 to 2024.

It is important to note that there are no figures available for the years 2002 and 2003 for this street in the register.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO that carry a 2024 guideline value, ranging from Rs 2,700 to Rs 20,900 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value for Jani John Khan Road 5th Lane is below this median.

Stamp duty and registration fee for property in Jani John Khan Road 5th 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 cost to Rs 4,95,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jani John Khan Road 5th Lane?

The Sub Registrar Office that covers Jani John Khan Road 5th 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 plays a crucial role during property transactions in Triplicane. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property. The guideline value is established by the Registration Department and reflects the government's assessment of property values in a given area.

When a property is sold, the buyer is required to pay stamp duty and registration fees based on the higher of the guideline value or the actual sale price. This ensures that the government receives the appropriate revenue from property transactions, regardless of market fluctuations.

Frequently asked questions

What is the current guideline value of Jani John Khan Road 5th Lane?

The current guideline value of Jani John Khan Road 5th 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, reflecting a total increase of 253% over the years.

What is the land classification for Jani John Khan Road 5th Lane?

Jani John Khan Road 5th Lane is classified as Residential Class II Type - I, indicating its designation for residential use.

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

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 office handles registrations for Jani John Khan Khan Road 5th Lane?

The Triplicane Sub Registrar Office handles registrations for Jani John Khan Road 5th Lane, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.