Guideline Value for Jasmine Sri Ganesh Nagar
₹500/sq.ft.
The guideline value for Jasmine Sri Ganesh Nagar in Mannoor village (Sriperumpudur SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mannoor
Village
Sriperumpudur
SRO
Residential Special Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /sq.ft. |
| From 1-4-2023 | ₹500 /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 | ₹75 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Jasmine Sri Ganesh Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Jasmine Sri Ganesh Nagar guideline value
The current guideline value of Jasmine Sri Ganesh Nagar is Rs 500 per sq.ft, effective from 1 July 2024. This locality is situated in Mannoor village under the Sriperumpudur SRO and is classified as Residential Special Type - II.
How the guideline value of Jasmine Sri Ganesh Nagar has changed
The guideline value for Jasmine Sri Ganesh Nagar has undergone several revisions over the years. In the 2007 revision, the value was set at Rs 75 per sq.ft, which then saw a significant increase to Rs 500 per sq.ft in the 2012 revision. However, in the 2017 revision, the value dropped to Rs 335 per sq.ft, before rising again to Rs 500 per sq.ft in both the 2023 and 2024 revisions. Notably, there are no figures available for the years 2002 and 2003.
From 2007 to 2012, the guideline value increased by 567%, followed by a decrease of 33% from 2012 to 2017. The value then increased by 49% from 2017 to 2023, remaining unchanged from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has risen by 567%.
Guideline values in Mannoor
In Mannoor, there are 56 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 100 to Rs 1,500 per sq.ft, with a median of Rs 250 per sq.ft. Jasmine Sri Ganesh Nagar's 2024 guideline value of Rs 500 per sq.ft is above this median.
- Jeyalaxmi Nagar: Rs 300 per sq.ft (2024)
- Indira Nagar: Rs 200 per sq.ft (2024)
- Highways Nagar: Rs 300 per sq.ft (2024)
- Kamatchi Nagar: Rs 250 per sq.ft (2024)
- Grand J.V.Nagar: Rs 700 per sq.ft (2024)
- Karthik Nagar: Rs 250 per sq.ft (2024)
Stamp duty and registration fee for property in Jasmine Sri Ganesh Nagar
For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty is charged at 7%, which totals Rs 35,000, and the registration fee is 2%, amounting to Rs 10,000. Together, the total fees would be Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Jasmine Sri Ganesh Nagar?
The Jasmine Sri Ganesh Nagar area falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Mannoor
When buying or selling property in Mannoor, the guideline value plays a crucial role in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives appropriate revenue from property transactions.
It is essential for buyers and sellers to be aware of the current guideline value as it impacts the overall cost of property transactions. Understanding the guideline value can help in making informed decisions during the buying or selling process.
Frequently asked questions
What is the current guideline value of Jasmine Sri Ganesh Nagar?
The current guideline value of Jasmine Sri Ganesh Nagar is Rs 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 75 per sq.ft in 2007 to Rs 500 per sq.ft in 2012, then decreased to Rs 335 per sq.ft in 2017, and has remained at Rs 500 per sq.ft in both 2023 and 2024.
What is the median guideline value in Mannoor?
The median guideline value in Mannoor is Rs 250 per sq.ft, with Jasmine Sri Ganesh Nagar's value being above this median at Rs 500 per sq.ft for 2024.
What are the registration fees for property in Jasmine Sri Ganesh Nagar?
The registration fees for a property in Jasmine Sri Ganesh Nagar include a stamp duty of 7% and a registration fee of 2%, based on the guideline value or sale price, whichever is higher.
Where is the Sriperumpudur Sub Registrar Office located?
The Sriperumpudur Sub Registrar Office is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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