Guideline Value

Corporate

Guideline Value for Jasmine Nagar (I,II)

₹1000/sq.ft.

The guideline value for Jasmine Nagar (i,ii) in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Jasmine Nagar (i,ii)

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Jasmine Nagar (I,II) guideline value

The current guideline value for Jasmine Nagar (I,II) is Rs 1,000 per sq.ft. This area is located in Adhanoor village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Jasmine Nagar (I,II) has changed

Over the years, the guideline value for Jasmine Nagar (I,II) has experienced several revisions. The 2007 revision set the value at Rs 200 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in the 2012 revision. However, it then decreased to Rs 670 per sq.ft in the 2017 revision, before rising again to Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street for the years 2002 and 2003.

From the 2017 to 2023 revision, the guideline value increased by 49%. The change from 2012 to 2017 saw a decrease of 33%, while the jump from 2007 to 2012 was a remarkable 400%. Overall, from 2007 to 2024, the guideline value has increased by 400%.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 670 to Rs 3,000 per sq.ft. The median value is Rs 1,000 per sq.ft, which is equal to the 2024 figure for Jasmine Nagar (I,II).

Stamp duty and registration fee for property in Jasmine Nagar (I,II)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value would be Rs 10,00,000. The stamp duty at 7% would amount to Rs 70,000, and the registration fee at 2% would be Rs 20,000, making the total fees together Rs 90,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jasmine Nagar (I,II)?

The Jasmine Nagar (I,II) area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Adhanoor. It is the minimum value set by the government for property transactions, ensuring that the sale price reflects a fair value for the property being registered.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Jasmine Nagar (I,II)?

The current guideline value of Jasmine Nagar (I,II) is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 1,000 per sq.ft in 2012, then decreased to Rs 670 per sq.ft in 2017, and has remained at Rs 1,000 per sq.ft in 2023 and 2024.

What is the land classification for Jasmine Nagar (I,II)?

The land classification for Jasmine Nagar (I,II) is Residential Special Type - I.

Where can I find the registration office for Jasmine Nagar (I,II)?

The registration office covering Jasmine Nagar (I,II) is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202.

How are stamp duty and registration fees calculated for properties in Jasmine Nagar (I,II)?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher, while the registration fee is charged at 2%. For example, a property valued at Rs 10,00,000 would incur a total of Rs 90,000 in fees.