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Guideline Value

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Guideline Value for Jegajeevanram Nagar (S.no.265 Only)

₹2200/sq.ft.

The guideline value for Jegajeevanram Nagar (s.no.265 Only) in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 ₹130 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹80 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Jegajeevanram Nagar (s.no.265 Only)

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Jegajeevanram Nagar (S.no.265 Only) guideline value

The current guideline value for Jegajeevanram Nagar (S.no.265 Only) is Rs 2,200 per sq.ft. This property is located in Thiruneermalai village, under the Pammal SRO, and is classified as Residential Class I Type - II.

How the guideline value of Jegajeevan Nagar (S.no.265 Only) has changed

The guideline value for Jegajeevanram Nagar has undergone several revisions over the years. In 2003, the guideline value was Rs 80 per sq.ft, which increased to Rs 130 per sq.ft in 2007, marking a significant change of +63%. The value then saw a remarkable rise to Rs 1,340 per sq.ft in 2017, reflecting an increase of +931%. Following this, the 2023 revision set the value at Rs 2,000 per sq.ft, which was a +49% change from the previous figure.

The most recent revision in 2024 has set the guideline value at Rs 2,200 per sq.ft, representing a +10% increase from the 2023 figure. It is important to note that the register has no figures for the years 2002 and 2012 for this street.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value ranging from Rs 1,320 to Rs 6,240 per sq.ft, with a median value of Rs 2,420 per sq.ft. The guideline value for Jegajeevanram Nagar is below this median.

Stamp duty and registration fee for property in Jegajeevanram Nagar (S.no.265 Only)

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 for these fees Rs 1,98,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Jegajeevanram Nagar (S.no.265 Only)?

The Sub Registrar Office that covers Jegajeevanram Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, 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 Thiruneermalai

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruneermalai. It serves as the basis for calculating the stamp duty and registration fees, which are mandatory for all property transactions. This ensures that the transaction is recorded officially and complies with local regulations.

When a property is sold, the guideline value helps determine the minimum price at which the property can be registered. Buyers and sellers must be aware of the current guideline value to ensure that they are meeting legal requirements and to avoid any issues during the registration process.

Frequently asked questions

What is the current guideline value for Jegajeevanram Nagar?

The current guideline value for Jegajeevan Nagar (S.no.265 Only) is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 80 per sq.ft in 2003 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of +2650% over the years.

What is the land classification for Jegajeevanram Nagar?

Jegajeevanram Nagar is classified as Residential Class I Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Jegajeevanram Nagar?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Where is the Sub Registrar Office for Jegajeevanram Nagar located?

The Sub Registrar Office for Jegajeevanram Nagar is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.