Guideline Value for Jothi Nagar Roja Street

Jothi Nagar Roja Street guideline value

The current guideline value for Jothi Nagar Roja Street is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - II.

How the guideline value of Jothi Nagar Roja Street has changed

The guideline value for Jothi Nagar Roja Street has seen several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which was then reduced to Rs 1,675 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 2,500 per sq.ft, and the most recent 2024 revision raised it to Rs 2,700 per sq.ft, marking an 8% increase from the previous year.

From 2017 to 2023, there was a significant increase of 49%, while the change from 2012 to 2017 was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has increased by 8%. The register has no figures for the years 2002, 2003, and 2007 for this street.

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 value for these streets is Rs 2,400 per sq.ft, making the guideline value for Jothi Nagar Roja Street above that median.

• Jothi Nagar Samanthi Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Parijatham Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Sindhu Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Narmatha 2nd cross Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Narmatha1st cross Street: Rs 2,700 per sq.ft (2024)
• Jothi Nagar Sudandira Main Road: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Jothi Nagar Roja Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total cost for these fees to 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.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jothi Nagar Roja Street?

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

You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Jothi Nagar Roja Street?

The current guideline value of Jothi Nagar Roja Street is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2023 to Rs 2,700 per sq.ft in 2024, an increase of 8%. It was Rs 1,675 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the land classification for Jothi Nagar Roja Street?

Jothi Nagar Roja Street is classified as Residential Special Type - II, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for property in Jothi Nagar Roja Street?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a property valued at Rs 27,00,000, the total fees would amount to Rs 2,43,000.

Where is the Sub Registrar Office for Jothi Nagar Roja Street located?

The Ambattur Sub Registrar Office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.