Guideline Value for Jeevadoss Nagar

Jeevadoss Nagar guideline value

The current guideline value of Jeevadoss Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Pozhichalur village under the Pammal Sub Registrar Office (SRO) and is classified as Residential Class II Type - I.

How the guideline value of Jeevadoss Nagar has changed

Over the years, the guideline value of Jeevadoss Nagar has seen significant changes. The 2007 revision set the value at Rs 400 per sq.ft, which increased to Rs 670 per sq.ft in 2017. This was a rise of 68%. The value then jumped to Rs 1,000 per sq.ft in 2023, marking a 49% increase from the previous revision. The latest revision in 2024 set the value at Rs 1,100 per sq.ft, reflecting a 10% increase from 2023.

There are no figures available for the revisions in 2002, 2003, and 2012 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 175%.

Guideline values in Pozhichalur

Pozhichalur village has a total of 299 streets under the Pammal SRO, with guideline values ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value in this area is Rs 1,320 per sq.ft, placing Jeevadoss Nagar's 2024 figure below that median.

• Jeeva Street: Rs 1,100 per sq.ft (2024)
• Jayanthi Nagar Karumariyamman Koil Street: Rs 1,100 per sq.ft (2024)
• Jayanthi Nagar: Rs 1,320 per sq.ft (2024)
• J.J. Nagar: Rs 1,320 per sq.ft (2024)
• Jothi Mani Street: Rs 1,100 per sq.ft (2024)
• Jagajeevan Ram Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Jeevadoss Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total fees together to Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Jeevadoss Nagar?

The Jeevadoss Nagar area falls under the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Pozhichalur. It determines the minimum value at which a property can be registered and affects the stamp duty and registration fees payable to the government.

Frequently asked questions

What is the current guideline value of Jeevadoss Nagar?

The current guideline value of Jeevadoss Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 400 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 175% over the years.

What are the other streets in Pozhichalur with similar guideline values?

Other streets in Pozhichalur with similar guideline values include Jeeva Street, Jayanthi Nagar Karumariyamman Koil Street, and Jothi Mani Street, all valued at Rs 1,100 per sq.ft in 2024.

What is the registration fee and stamp duty for property transactions?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For example, for a property valued at Rs 11,00,000, the total fees would amount to Rs 99,000.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.