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Guideline Value

Corporate

Guideline Value for Jawahar Nagar Koil Veethi

₹4200/sq.ft.

The guideline value for Jawahar Nagar Koil Veethi 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 ₹603 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹554 /sq.ft.
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 Koil Veethi

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Jawahar Nagar Koil Veethi guideline value

The current guideline value of Jawahar Nagar Koil Veethi is Rs 4,200 per sq.ft, effective from 1 July 2024. This street is located in Peravallur village, under the Sembiam SRO, and is classified as Mixed Type - I land.

How the guideline value of Jawahar Nagar Koil Veethi has changed

The guideline value for Jawahar Nagar Koil Veethi has undergone several revisions over the years. Starting from Rs 554 per sq.ft in 2002, it increased to Rs 603 per sq.ft in 2003. The value then saw a significant rise to Rs 1,000 per sq.ft in 2007, followed by an increase to Rs 3,900 per sq.ft in 2012. However, it dropped to Rs 2,613 per sq.ft in 2017, before rising again to Rs 3,900 per sq.ft in 2023. The most recent revision in 2024 set the value at Rs 4,200 per sq.ft.

Between the revisions, notable changes include an increase of 8% from 2023 to 2024, and a substantial rise of 49% from 2017 to 2023. The value also saw a dramatic increase of 290% from 2007 to 2012. Overall, from 2002 to 2024, the guideline value has increased by 658%.

Guideline values in Peravallur

In Peravallur, there are 423 streets under the Sembiam SRO with a 2024 guideline value ranging from Rs 2,200 to Rs 7,100 per sq.ft. The median value for these streets is Rs 3,301 per sq.ft, placing Jawahar Nagar Koil Veethi's 2024 figure above the median.

Stamp duty and registration fee for property in Jawahar Nagar Koil Veethi

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, totaling 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.

You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Jawahar Nagar Koil Veethi?

The Sub Registrar Office that covers Jawahar Nagar Koil Veethi is the Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011. You can find your SRO for more information.

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

When buying or selling property in Peravallur, the guideline value is a critical factor in determining the registration fees and stamp duty. It serves as a reference point for the official valuation of the property, ensuring that the transaction is recorded accurately.

At the time of registration, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This process ensures transparency and compliance with legal requirements in property transactions.

Frequently asked questions

What is the current guideline value of Jawahar Nagar Koil Veethi?

The current guideline value of Jawahar Nagar Koil Veethi 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 increased from Rs 554 per sq.ft in 2002 to Rs 4,200 per sq.ft in 2024, reflecting an overall increase of 658% over this period.

What is the median guideline value in Peravallur?

The median guideline value in Peravallur is Rs 3,301 per sq.ft, with Jawahar Nagar Koil Veethi's value being above this median at Rs 4,200 per sq.ft.

What are the stamp duty and registration fees for property in Jawahar Nagar Koil Veethi?

For a 1,000 sq.ft plot, the total guideline value is Rs 42,00,000. The stamp duty at 7% is Rs 2,94,000, and the registration fee at 2% is Rs 84,000, totaling Rs 3,78,000.

Which office handles registrations for Jawahar Nagar Koil Veethi?

The Sembiam Sub Registrar Office, located at 5, Papermills Road, Sembiam, Chennai - 600011, handles registrations for Jawahar Nagar Koil Veethi.