Guideline Value for SRI GOLDEN CITY J J NAGAR

Sri Golden City J J Nagar guideline value

The current guideline value of Sri Golden City J J Nagar is Rs 878 per sq.ft, effective from 1 July 2024. This property is located in Chembarambakkam village under the Poonamallee SRO, classified as Residential Class I Type - V.

How the guideline value of Sri Golden City J J Nagar has changed

The guideline value for Sri Golden City J J Nagar has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 800 per sq.ft, which increased to Rs 878 per sq.ft in the 2024 revision, marking a change of +10%.

Prior to 2023, there were no recorded figures for this street in the guideline value register. The most recent revision in 2024 reflects the current market conditions and the classification of the area.

Guideline values in Chembarambakkam

In Chembarambakkam, there are 64 streets under the Poonamallee SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 4,000 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of Sri Golden City J J Nagar is below this median.

• Sri Krishna Nagar: Rs 1,540 per sq.ft (2024)
• Sri Mahalakshmi Nagar: Rs 1,100 per sq.ft (2024)
• Spotlight: Rs 2,700 per sq.ft (2024)
• Spartan Enclave: Rs 1,540 per sq.ft (2024)
• Srinivasa Palms @ Sembarambakkam: Rs 3,500 per sq.ft (2024)
• Sri Sai Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Golden City J J Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 878 per sq.ft, the total guideline value would be Rs 8,78,000. The stamp duty at 7% would amount to Rs 61,460, and the registration fee at 2% would be Rs 17,560, bringing the total fees to Rs 79,020. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sri Golden City J J Nagar?

The Sub Registrar Office covering Sri Golden City J J Nagar is the Poonamallee Sub Registrar Office, located at No.332 U + 9cc Malma Nagar Poonallee Chennai - 600056. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Chembarambakkam. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is legally compliant.

When buying or selling property, the guideline value is assessed alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, which are necessary for the registration process.

Frequently asked questions

What is the current guideline value of Sri Golden City J J Nagar?

The current guideline value of Sri Golden City J J Nagar is Rs 878 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Sri Golden City J J Nagar was Rs 800 per sq.ft in 2023 and increased by 10% to Rs 878 per sq.ft in 2024. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Sri Golden City J J Nagar?

Sri Golden City J J Nagar is classified as Residential Class I Type - V. This classification can affect the guideline value and property regulations in the area.

Where can I find the Poonamallee Sub Registrar Office?

The Poonamallee Sub Registrar Office is located at No.332 U + 9cc Malma Nagar Poonallee Chennai - 600056. This office handles registrations for properties in the area.

How is stamp duty calculated for properties in Sri Golden City J J Nagar?

Stamp duty for properties in Sri Golden City J J Nagar is calculated based on the higher of the guideline value and the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 61,460.