Guideline Value

Corporate

Guideline Value for Jothi Nagar 3nd Main Road

₹2700/sq.ft.

The guideline value for Jothi Nagar 3nd Main Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
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

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Jothi Nagar 3nd Main Road

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Jothi Nagar 3nd Main Road guideline value

The current guideline value of Jothi Nagar 3nd Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and falls under the land classification of Residential Special Type - II.

How the guideline value of Jothi Nagar 3nd Main Road has changed

In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This value decreased to Rs 1,675 per sq.ft in the 2017 revision, marking a decline of 33%. However, from 2017 to 2024, the value increased significantly to Rs 2,700 per sq.ft, representing a rise of 61%. Overall, from 2012 to 2024, the guideline value has seen a slight increase of 8%.

The register has no figure for the years 2023, 2007, 2003, and 2002 for Jothi Nagar 3nd Main Road.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value is Rs 2,400 per sq.ft, and Jothi Nagar 3nd Main Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Jothi Nagar 3nd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty, charged at 7%, would amount to Rs 1,89,000, while the registration fee at 2% would be Rs 54,000. Together, the total cost for these fees would be Rs 2,43,000. 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 detailed calculations.

Which Sub Registrar Office covers Jothi Nagar 3nd Main Road?

The Sub Registrar Office that covers Jothi Nagar 3nd Main Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find your specific SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that the transaction aligns with the established values in the area.

Additionally, the guideline value helps maintain transparency in property transactions, preventing undervaluation and ensuring that the government receives appropriate revenue from property registrations. Buyers and sellers should be aware of the current guideline value to make informed decisions during their transactions.

Frequently asked questions

What is the current guideline value of Jothi Nagar 3nd Main Road?

The current guideline value of Jothi Nagar 3nd Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has seen fluctuations. It was Rs 2,500 in 2012, decreased to Rs 1,675 in 2017, and then increased to Rs 2,700 in 2024.

What is the land classification for Jothi Nagar 3nd Main Road?

Jothi Nagar 3nd Main Road is classified as Residential Special Type - II.

Where can I find the Sub Registrar Office for Jothi Nagar 3nd Main Road?

The Sub Registrar Office for Jothi Nagar 3nd Main Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in Jothi Nagar 3nd Main Road?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would amount to Rs 1,89,000.