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Guideline Value

Corporate

Guideline Value for Jawahar Nagar 4th Cross Street

₹4200/sq.ft.

The guideline value for Jawahar Nagar 4th Cross Street in Peravallur village (Sembiam SRO, Chennai zone) is Rs 4200 per sq.ft, effective 1 July 2024. It was Rs 3900 per sq.ft from 1 April 2023, a 8% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Peravallur

Village

Sembiam

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹4200 /sq.ft.
From 1-4-2023 ₹3900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2613 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3900 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /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)

5, Papermills Road, Sembiam, Chennai - 600011.
044-26702002
[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 Jawahar Nagar 4th Cross Street

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Jawahar Nagar 4th Cross Street guideline value

The current guideline value of Jawahar Nagar 4th Cross Street is Rs 4,200 per sq.ft, effective from 1 July 2024. This street is located in Peravallur village and falls under the jurisdiction of the Sembiam SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Jawahar Nagar 4th Cross Street has changed

The guideline value for Jawahar Nagar 4th Cross Street has seen significant changes over the years. In the 2007 revision, the guideline value was Rs 1,000 per sq.ft. This increased dramatically to Rs 3,900 per sq.ft in the 2012 revision, marking a rise of 290%. However, in the 2017 revision, it decreased to Rs 2,613 per sq.ft, reflecting a decline of 33%. The value then rose to Rs 3,900 per sq.ft in 2023, and finally, it reached Rs 4,200 per sq.ft in the 2024 revision, an increase of 8% from the previous year.

Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 320%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Peravallur

In Peravallur, there are 423 streets under the Sembiam SRO that carry a 2024 guideline value ranging from Rs 2,200 to Rs 7,100 per sq.ft. The median guideline value for these streets is Rs 3,301 per sq.ft, placing the 2024 value of Jawahar Nagar 4th Cross Street above this median.

Stamp duty and registration fee for property in Jawahar Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,200 per sq.ft, the total guideline value amounts to Rs 42,00,000. The stamp duty, calculated at 7%, would be Rs 2,94,000, and the registration fee at 2% would be Rs 84,000. Therefore, the total cost for stamp duty and registration fees would be Rs 3,78,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jawahar Nagar 4th Cross Street?

The Sub Registrar Office that covers Jawahar Nagar 4th Cross Street is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more details.

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

The guideline value is a critical factor when buying or selling property in Peravallur. It serves as the basis for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions. Buyers and sellers must be aware of the current guideline value to understand their financial obligations during the registration process.

When a property is registered, the guideline value is compared to the sale price. The higher of the two values is used to calculate the applicable duties and fees. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Jawahar Nagar 4th Cross Street?

The current guideline value of Jawahar Nagar 4th Cross Street is Rs 4,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 1,000 per sq.ft in 2007 to Rs 4,200 per sq.ft in 2024, which is a total increase of 320% over the years.

What is the median guideline value in Peravallur?

The median guideline value for the 423 streets in Peravallur under the Sembiam SRO is Rs 3,301 per sq.ft, with Jawahar Nagar 4th Cross Street's value being above this median.

What are the stamp duty and registration fees for a property in Jawahar Nagar 4th Cross Street?

For a property valued at Rs 42,00,000, the stamp duty would be Rs 2,94,000 and the registration fee would be Rs 84,000, totaling Rs 3,78,000.

Where is the Sembiam Sub Registrar Office located?

The Sembiam Sub Registrar Office is located at 5, Papermills Road, Sembiam, Chennai - 600011, and it is responsible for property registrations in this area.