Guideline Value for Jothi Nagar Sudandira Main Road
₹2700/sq.ft.
The guideline value for Jothi Nagar Sudandira Main Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. 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 | ₹2500 /sq.ft. |
| 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 Sudandira Main Road
- 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
- Ambattur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Jothi Nagar Sudandira Main Road guideline value
The current guideline value of Jothi Nagar Sudandira Main Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Special Type - II.
How the guideline value of Jothi Nagar Sudandira Main Road has changed
In the 2012 revision, the guideline value was Rs 2,500 per sq.ft. This figure was reduced to Rs 1,675 per sq.ft in the 2017 revision, marking a decrease of 33%. Following that, the value increased significantly to Rs 2,500 per sq.ft in the 2023 revision, which represented a 49% increase from the 2017 figure. The most recent revision in 2024 set the guideline value at Rs 2,700 per sq.ft, reflecting an 8% increase from the previous year.
It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 8%.
Guideline values in Thirumullaivoyal
Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for the village is Rs 2,400 per sq.ft, placing Jothi Nagar Sudandira Main Road above this median.
- Jothi Nagar Suriyaganthi Street: Rs 2,700 per sq.ft (2024)
- Jothi Nagar Sindhu Street: Rs 2,700 per sq.ft (2024)
- Jothi Nagar Thamarai Street: Rs 2,700 per sq.ft (2024)
- Jothi Nagar Samanthi Street: Rs 2,700 per sq.ft (2024)
- Jothi Nagar (Vaigai Street): Rs 2,700 per sq.ft (2024)
- Jothi Nagar Roja Street: Rs 2,700 per sq.ft (2024)
Stamp duty and registration fee for property in Jothi Nagar Sudandira 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 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 essential to note that the duty is charged on the higher of the guideline value or the sale price.
You can use the stamp duty and registration fee calculator for more specific calculations.
Which Sub Registrar Office covers Jothi Nagar Sudandira Main Road?
The Sub Registrar Office covering Jothi Nagar Sudandira 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, visit find your SRO.
How the guideline value is used when you buy or sell in Thirumullaivoyal
The guideline value is a crucial factor during the registration process of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.
When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall cost of the transaction. Buyers should ensure that the sale price is not lower than the guideline value to avoid any legal complications during registration.
Frequently asked questions
What is the current guideline value of Jothi Nagar Sudandira Main Road?
The current guideline value of Jothi Nagar Sudandira Main Road 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 seen several revisions, increasing from Rs 1,675 per sq.ft in 2017 to Rs 2,700 per sq.ft in 2024. The most significant change was a 49% increase from 2017 to 2023.
What is the median guideline value in Thirumullaivoyal?
The median guideline value for the 975 streets in Thirumullaivoyal is Rs 2,400 per sq.ft, with Jothi Nagar Sudandira Main Road's value above this median.
What are the stamp duty and registration fees for property in Jothi Nagar Sudandira Main Road?
For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000.
Which office handles registrations for Jothi Nagar Sudandira Main Road?
The Ambattur Sub Registrar Office is responsible for registrations in Jothi Nagar Sudandira Main Road, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.
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