Guideline Value

Corporate

Guideline Value for Jaya Nagar Extn.

₹1003/sq.ft.

The guideline value for Jaya Nagar Extn. in Vadaperumbakkam village (Redhills SRO, Chennai zone) is Rs 1003 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vadaperumbakkam

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1003 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Jaya Nagar Extn.

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Jaya Nagar Extn. guideline value

The current guideline value of Jaya Nagar Extn. is Rs 1,003 per sq.ft, effective from 1 July 2024. This area is located in Vadaperumbakkam village and falls under the Redhills SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Jaya Nagar Extn. has changed

Over the years, the guideline value of Jaya Nagar Extn. has seen several revisions. The guideline value was Rs 500 per sq.ft in 2007, which increased to Rs 800 per sq.ft in 2012. However, it then decreased to Rs 536 per sq.ft in 2017. The most recent revision in 2024 shows a significant increase to Rs 1,003 per sq.ft, marking an 87% rise from the 2017 figure. The overall change from 2007 to 2024 is an increase of 101%.

It is important to note that there are no figures available for the years 2023, 2003, and 2002 in the register for this street. The guideline value was Rs 536 per sq.ft in 2017, which was a decrease of 33% from the Rs 800 per sq.ft in 2012. The increase from 2007 to 2012 was 60%.

Guideline values in Vadaperumbakkam

In Vadaperumbakkam, there are 77 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,300 per sq.ft. The median value for these streets is Rs 1,003 per sq.ft, which is the same as the guideline value for Jaya Nagar Extn.

Stamp duty and registration fee for property in Jaya Nagar Extn.

For a 1,000 sq.ft plot at the current guideline value of Rs 1,003 per sq.ft, the total guideline value amounts to Rs 10,03,000. The stamp duty at 7% would be Rs 70,210, and the registration fee at 2% would be Rs 20,060, bringing the total to Rs 90,270. 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 Jaya Nagar Extn.?

The Sub Registrar Office that covers Jaya Nagar Extn. is the Redhills Sub Registrar Office. The address is Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can also find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Vadaperumbakkam. It serves as a reference point for calculating the stamp duty and registration fees that are payable at the time of property registration. Buyers and sellers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authorities will assess the guideline value to determine the applicable fees. This ensures that the transaction is recorded accurately in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Jaya Nagar Extn.?

The current guideline value of Jaya Nagar Extn. is Rs 1,003 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 500 per sq.ft in 2007 to Rs 1,003 per sq.ft in 2024, marking an overall increase of 101% over this period.

What are the other streets in Vadaperumbakkam with their guideline values?

Other streets in Vadaperumbakkam include Jaya Nagar Extention - 3 at Rs 1,000 per sq.ft, Jaya Nagar Extention - 1 at Rs 1,003 per sq.ft, Jaya Nagar Extn - II at Rs 1,000 per sq.ft, Jaya Nagar at Rs 1,003 per sq.ft, Industrial Garden at Rs 1,006 per sq.ft, and Indira Square at Rs 1,000 per sq.ft.

What is the stamp duty for property in Jaya Nagar Extn.?

The stamp duty for a property in Jaya Nagar Extn. is calculated at 7% of the guideline value. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 70,210.

Which Sub Registrar Office handles registrations for Jaya Nagar Extn.?

The Redhills Sub Registrar Office handles registrations for Jaya Nagar Extn. The office is located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.