Guideline Value

Corporate

Guideline Value for Lawyer Jaganathan Street

₹3300/sq.ft.

The guideline value for Lawyer Jaganathan Street in Parangimalai village (Chennai South Joint Ii SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Parangimalai

Village

Chennai South Joint II

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510538
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Lawyer Jaganathan Street

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Lawyer Jaganathan Street guideline value

The current guideline value of Lawyer Jaganathan Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Parangimalai village, under the Chennai South Joint II SRO, and is classified as Residential Class II Type - II.

How the guideline value of Lawyer Jaganathan Street has changed

Over the years, the guideline value of Lawyer Jaganathan Street has seen several revisions. The 2012 revision set the value at Rs 3,000 per sq.ft, which decreased to Rs 2,010 per sq.ft in 2017. However, there was a significant increase in the following years, with the 2023 revision raising it back to Rs 3,000 per sq.ft, and the latest 2024 revision increasing it further to Rs 3,300 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the guideline value rose by 49%. Overall, from the 2012 revision to the 2024 revision, there has been a 10% increase. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Parangimalai

In Parangimalai, there are 233 streets under the Chennai South Joint II SRO that carry a 2024 guideline value, ranging from Rs 2,750 to Rs 11,000 per sq.ft, with a median value of Rs 3,850 per sq.ft. The guideline value of Lawyer Jaganathan Street is below this median.

Stamp duty and registration fee for property in Lawyer Jaganathan Street

For a 1,000 sq.ft plot at the current rate of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Lawyer Jaganathan Street?

The Sub Registrar Office that covers Lawyer Jaganathan Street is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035. You can find your SRO for more details.

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

The guideline value is a crucial factor when buying or selling property in Parangimalai, as it determines the minimum value at which a property can be registered. It is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

Frequently asked questions

What is the current guideline value for Lawyer Jaganathan Street?

The current guideline value for Lawyer Jaganathan Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024, marking a 10% increase. It was Rs 2,010 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What are the other streets in Parangimalai with their guideline values?

Other streets in Parangimalai include Louis Convent Street and Madhava Perumal Central Street, both at Rs 3,300 per sq.ft, and Luskar Street at Rs 3,850 per sq.ft, among others.

What is the registration fee for property in Lawyer Jaganathan Street?

The registration fee is calculated based on the guideline value or the sale price, whichever is higher. For a property valued at Rs 33,00,000, the registration fee at 2% would be Rs 66,000.

Where can I find the Sub Registrar Office for Lawyer Jaganathan Street?

The Sub Registrar Office for Lawyer Jaganathan Street is the Chennai South Joint II Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, fanepet Nandanam, Chennai -600 035.