Guideline Value for Jebastiyapuram Anthoniyar Street

Jebastiyapuram Anthoniyar Street guideline value

The current guideline value of Jebastiyapuram Anthoniyar Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Irumpuliyur village and falls under the Tambaram Joint 1 SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Jebastiyapuram Anthoniyar Street has changed

The guideline value for Jebastiyapuram Anthoniyar Street has seen several revisions over the years. In 2007, the value was Rs 500 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012. However, it dropped to Rs 1,340 per sq.ft in 2017 before rising to Rs 2,000 per sq.ft again in 2023. The current value is Rs 2,200 per sq.ft as of the 2024 revision, reflecting a 10% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 340%. The revisions for the years 2002 and 2003 do not have any figures recorded for this street in the register.

Guideline values in Irumpuliyur

In Irumpuliyur, there are 218 streets under the Tambaram Joint 1 SRO, with the 2024 guideline values ranging from Rs 880 to Rs 6,600 per sq.ft. The median value is Rs 2,200 per sq.ft, which is the same as the guideline value for Jebastiyapuram Anthoniyar Street. Below are other streets in Irumpuliyur:

• Jayarama Nagar: Rs 1,100 per sq.ft (2024)
• Jerusalam NagarExt: Rs 2,200 per sq.ft (2024)
• Jerusalem Nagar: Rs 2,530 per sq.ft (2024)
• Jerusalem Nagar 4th Street: Rs 2,200 per sq.ft (2024)
• Jerusalem Nagar 5th Street: Rs 2,200 per sq.ft (2024)
• Jerusalem Nagar 6th Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Jebastiyapuram Anthoniyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, making the total cost Rs 1,98,000. 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 Jebastiyapuram Anthoniyar Street?

The Sub Registrar Office that covers Jebastiyapuram Anthoniyar Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is used as a benchmark for determining the value of properties during registration. When a property is bought or sold, the guideline value helps in assessing the stamp duty and registration fees that need to be paid, ensuring that the transaction is recorded accurately in the official register.

This value is crucial for both buyers and sellers, as it provides a standardized measure for property transactions. It also plays a role in ensuring compliance with legal requirements during the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Jebastiyapuram Anthoniyar Street?

The current guideline value of Jebastiyapuram Anthoniyar Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 340% over the years.

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

Other streets in Irumpuliyur include Jayarama Nagar at Rs 1,100 per sq.ft, Jerusalam NagarExt at Rs 2,200 per sq.ft, and Jerusalem Nagar at Rs 2,530 per sq.ft, among others.

What fees are associated with buying property on Jebastiyapuram Anthoniyar Street?

When buying property on Jebastiyapuram Anthoniyar Street, the stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 1,98,000 in fees.

Where can I find the Sub Registrar Office for Jebastiyapuram Anthoniyar Street?

The Sub Registrar Office for Jebastiyapuram Anthoniyar Street is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.