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Guideline Value

Corporate

Guideline Value for Jawahar Nagar 4th Main Road

₹4200/sq.ft.

The guideline value for Jawahar Nagar 4th Main Road 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 Main Road

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Jawahar Nagar 4th Main Road guideline value

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

How the guideline value of Jawahar Nagar 4th Main Road has changed

Over the years, the guideline value of Jawahar Nagar 4th Main Road has seen significant changes. The earliest recorded revision was in 2007, when the value was Rs 1,000 per sq.ft. This increased dramatically to Rs 3,900 per sq.ft in 2012, representing a 290% rise. However, the value then decreased to Rs 2,613 per sq.ft in 2017, marking a decline of 33%. The value rebounded to Rs 3,900 per sq.ft in 2023, before reaching the current figure of Rs 4,200 per sq.ft in 2024, which is an increase of 8% from the previous year. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a notable increase of 49%, bringing the value back up significantly. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 320%, reflecting the changes in the real estate landscape over the years.

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, with a median value of Rs 3,301 per sq.ft. The guideline value for Jawahar Nagar 4th Main Road is above this median.

Stamp duty and registration fee for property in Jawahar Nagar 4th Main Road

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 at 7% would be Rs 2,94,000, and the registration fee at 2% would be Rs 84,000, bringing the total charges to Rs 3,78,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Jawahar Nagar 4th Main Road?

The Sub Registrar Office that covers Jawahar Nagar 4th Main Road 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 crucial factor when buying or selling property in Peravallur. It is used to determine the stamp duty and registration fees applicable at the time of registration. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps in ensuring that the transactions are compliant with local regulations. It also provides a benchmark for assessing the value of properties in the area, aiding both buyers and sellers in making informed decisions.

Frequently asked questions

What is the current guideline value of Jawahar Nagar 4th Main Road?

The current guideline value of Jawahar Nagar 4th Main Road 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 from Rs 1,000 per sq.ft in 2007 to Rs 4,200 per sq.ft in 2024, marking an overall increase of 320% over the years.

What is the land classification for Jawahar Nagar 4th Main Road?

The land classification for Jawahar Nagar 4th Main Road is Mixed Type - I.

Where can I find the registration office for Jawahar Nagar 4th Main Road?

The registration office for Jawahar Nagar 4th Main Road is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 42,00,000, the stamp duty would be Rs 2,94,000 at 7%.