Guideline Value for Jemi Modern City - II
₹250/sq.ft.
The guideline value for Jemi Modern City - Ii in Kunduperumpedu village (Sriperumpudur SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kunduperumpedu
Village
Sriperumpudur
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹40 /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
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Jemi Modern City - Ii
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Sriperumpudur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Jemi Modern City - II guideline value
The current guideline value of Jemi Modern City - II is Rs 250 per sq.ft, effective from 1 July 2024. This property is located in Kunduperumpedu village under the Sriperumpudur SRO and is classified as Residential Class I Type - I.
How the guideline value of Jemi Modern City - II has changed
The guideline value for Jemi Modern City - II has seen several revisions over the years. In 2007, the guideline value was Rs 40 per sq.ft, which increased significantly to Rs 250 per sq.ft in 2012, marking a substantial rise of 525%. However, it decreased to Rs 167 per sq.ft in 2017, a decline of 33%. The value remained stable at Rs 250 per sq.ft in both 2023 and the upcoming 2024 revision, indicating no change from the previous year.
There are no figures available for the years 2002 and 2003 for this street. The overall change from the 2007 revision to the 2024 revision reflects an increase of 525%, maintaining the current value of Rs 250 per sq.ft.
Guideline values in Kunduperumpedu
Kunduperumpedu village features 35 streets under the Sriperumpudur SRO, with the 2024 guideline values ranging from Rs 100 to Rs 500 per sq.ft. The median guideline value for these streets is Rs 200 per sq.ft, placing Jemi Modern City - II above this median.
- Jemi Modern City - I: Rs 250 per sq.ft (2024)
- Jemi Galaxy Nagar: Rs 300 per sq.ft (2024)
- Jesus Garden: Rs 200 per sq.ft (2024)
- Jeyam Nagar: Rs 150 per sq.ft (2024)
- J.J.Nagar 1st Street: Rs 200 per sq.ft (2024)
- J.J.Nagar 2nd Street: Rs 200 per sq.ft (2024)
Stamp duty and registration fee for property in Jemi Modern City - II
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty at 7% would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.
For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Jemi Modern City - II?
The Jemi Modern City - II property falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Kunduperumpedu
The guideline value is a crucial component in the registration process when buying or selling property in Kunduperumpedu. It serves as a reference point for calculating the stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.
When a property is sold, the buyer must pay the stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.
Frequently asked questions
What is the current guideline value of Jemi Modern City - II?
The current guideline value of Jemi Modern City - II is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 40 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and remained at Rs 250 per sq.ft in both 2023 and 2024.
What are the guideline values of other streets in Kunduperumpedu?
Other streets in Kunduperumpedu have guideline values ranging from Rs 100 to Rs 500 per sq.ft, with Jemi Modern City - II being above the median value of Rs 200 per sq.ft.
What fees are associated with buying property in Jemi Modern City - II?
When buying property in Jemi Modern City - II, the buyer must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.
Where is the Sub Registrar Office for Jemi Modern City - II located?
The Sub Registrar Office covering Jemi Modern City - II is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.
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