Guideline Value for Jokkiyar Natham

Jokkiyar Natham guideline value

The current guideline value of Jokkiyar Natham is Rs 300 per sq.ft, effective from 1 July 2024. This village is part of the Thirukalukundrem A area, under the Thirukazhukundram SRO, and is classified as Residential Class V Type - I.

How the guideline value of Jokkiyar Natham has changed

The guideline value for Jokkiyar Natham has remained constant at Rs 300 per sq.ft for the 2023 and 2024 revisions. Prior to that, in the 2017 revision, the guideline value was Rs 201 per sq.ft, marking a significant increase of 49% from 2017 to 2023.

Overall, from the 2017 revision to the 2024 revision, there has been a 49% increase in the guideline value. The register does not provide figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO with a 2024 guideline value ranging from Rs 300 to Rs 1,344 per sq.ft. The median guideline value for these streets is Rs 600 per sq.ft, making Jokkiyar Natham's 2024 figure below the median.

• Jeeva Nagar: Rs 600 per sq.ft (2024)
• Kadai Street Bazaar Veethi: Rs 1,250 per sq.ft (2024)
• Jaheer Hussain Street: Rs 800 per sq.ft (2024)
• Kalvai Street: Rs 600 per sq.ft (2024)
• Irular Colony (Erikkarai Street): Rs 300 per sq.ft (2024)
• Kammalar Street: Rs 1,005 per sq.ft (2024)

Stamp duty and registration fee for property in Jokkiyar Natham

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, and the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jokkiyar Natham?

The Sub Registrar Office that covers Jokkiyar Natham is the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical reference point when registering property transactions in Thirukalukundrem A. It is used to calculate the stamp duty and registration fees that must be paid during the transfer of property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded at a standard value, which helps in maintaining transparency and consistency in the real estate market. It is important for buyers and sellers to be aware of the current guideline value to understand their financial obligations during registration.

Frequently asked questions

What is the current guideline value of Jokkiyar Natham?

The current guideline value of Jokkiyar Natham is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Jokkiyar Natham has remained at Rs 300 per sq.ft for both 2023 and 2024. It increased from Rs 201 per sq.ft in 2017, marking a 49% increase over that period.

What are the guideline values for other streets in Thirukalukundrem A?

Other streets in Thirukalukundrem A have varying guideline values, ranging from Rs 300 to Rs 1,344 per sq.ft. The median value is Rs 600 per sq.ft, which means Jokkiyar Natham's value is below this median.

What fees are associated with registering property in Jokkiyar Natham?

When registering property in Jokkiyar Natham, buyers must pay stamp duty at 7% and a registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Jokkiyar Natham?

The Sub Registrar Office for Jokkiyar Natham is located at Thiruchengode - 637 211, Chengalpattu registration zone. This office handles all property registrations for the area.