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Guideline Value for Jashmine Gordan -2 Thomas 1st Street 2nd Street

₹807/sq.ft.

The guideline value for Jashmine Gordan -2 Thomas 1st Street 2nd Street in Kovilpathagai village (Ambattur SRO, Chennai zone) is Rs 807 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kovilpathagai

Village

Ambattur

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹807 /sq.ft.
From 1-4-2023 ₹807 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[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 Jashmine Gordan -2 Thomas 1st Street 2nd Street

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Jashmine Gordan -2 Thomas 1st Street 2nd Street guideline value

The current guideline value for Jashmine Gordan -2 Thomas 1st Street 2nd Street is Rs 807 per sq.ft, effective from 1 July 2024. This street is located in Kovilpathagai village, under the Ambattur SRO, and is classified as Residential Class III Type - II.

How the guideline value of Jashmine Gordan -2 Thomas 1st Street 2nd Street has changed

The guideline value for Jashmine Gordan -2 Thomas 1st Street 2nd Street has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which increased to Rs 335 per sq.ft in the 2017 revision. Following this, the value saw a significant rise to Rs 807 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street for the years 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 141%. Overall, the guideline value has risen by 61% from 2012 to 2024.

Guideline values in Kovilpathagai

Kovilpathagai village has a total of 278 streets under the Ambattur SRO, with guideline values ranging from Rs 803 to Rs 2,900 per sq.ft. The median guideline value for the village is Rs 870 per sq.ft, placing Jashmine Gordan -2 Thomas 1st Street 2nd Street's 2024 figure below this median.

Stamp duty and registration fee for property in Jashmine Gordan -2 Thomas 1st Street 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 807 per sq.ft, the total guideline value amounts to Rs 8,07,000. The stamp duty at 7% would be Rs 56,490, and the registration fee at 2% would be Rs 16,140, bringing the total to Rs 72,630. Duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jashmine Gordan -2 Thomas 1st Street 2nd Street?

The Sub Registrar Office covering Jashmine Gordan -2 Thomas 1st Street 2nd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Kovilpathagai. It is used to determine the stamp duty and registration fees when buying or selling property. The guideline value ensures that the property is assessed at a standard rate, which helps in maintaining transparency in property transactions.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This process helps in ensuring that the government receives the correct amount of revenue from property transactions.

Frequently asked questions

What is the current guideline value for Jashmine Gordan -2 Thomas 1st Street 2nd Street?

The current guideline value for Jashmine Gordan -2 Thomas 1st Street 2nd Street is Rs 807 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 807 per sq.ft in 2024. There was a decrease to Rs 335 per sq.ft in 2017, followed by an increase to Rs 807 per sq.ft in both 2023 and 2024.

What are the other guideline values in Kovilpathagai?

The guideline values in Kovilpathagai range from Rs 803 to Rs 2,900 per sq.ft, with a median value of Rs 870 per sq.ft. Jashmine Gordan -2 Thomas 1st Street 2nd Street's value is below this median.

What is the stamp duty for a property in Jashmine Gordan -2 Thomas 1st Street 2nd Street?

The stamp duty for a property valued at Rs 8,07,000 would be Rs 56,490, calculated at 7% of the guideline value. Additional registration fees would amount to Rs 16,140 at 2%.

Where can I find the Sub Registrar Office for Jashmine Gordan -2 Thomas 1st Street 2nd Street?

The Sub Registrar Office for Jashmine Gordan -2 Thomas 1st Street 2nd Street is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.