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Guideline Value

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Guideline Value for Sri Jakki Vasudev Nagar - II

₹1000/sq.ft.

The guideline value for Sri Jakki Vasudev Nagar - Ii in Karanaipuducheri village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Karanaipuducheri

Village

Gooduvancheri

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Jakki Vasudev Nagar - Ii

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Sri Jakki Vasudev Nagar - II guideline value

The current guideline value of Sri Jakki Vasudev Nagar - II is Rs 1,000 per sq.ft, effective from 1 July 2024. This locality is situated in Karanaipuducheri village under the Gooduvancheri SRO, and the land classification is Residential Special Type - III.

How the guideline value of Sri Jakki Vasudev Nagar - II has changed

Over the years, the guideline value for Sri Jakki Vasudev Nagar - II has seen several revisions. The 2012 revision set the value at Rs 1,000 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 670 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 1,000 per sq.ft. The 2024 revision maintained this figure, showing no change from the previous year.

The register has no figures for the revisions in 2002, 2003, and 2007. The overall change from the 2012 revision to the 2024 revision is 0%, indicating stability in the guideline value during this period.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO with a 2024 guideline value ranging from Rs 400 to Rs 2,239 per sq.ft. The median guideline value for the village is Rs 802 per sq.ft, and Sri Jakki Vasudev Nagar - II is above this median.

Stamp duty and registration fee for property in Sri Jakki Vasudev Nagar - II

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that 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 detailed calculations.

Which Sub Registrar Office covers Sri Jakki Vasudev Nagar - II?

The Sub Registrar Office that covers Sri Jakki Vasudev Nagar - II is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Karanaipuducheri. It is the benchmark used to determine the stamp duty and registration fees payable when buying or selling property.

When a property is sold, the guideline value is compared with the sale price, and the duty is charged on the higher of the two. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value of Sri Jakki Vasudev Nagar - II?

The current guideline value of Sri Jakki Vasudev Nagar - II is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various revisions, with the most recent being Rs 1,000 per sq.ft in 2024, which is the same as in 2023. The value was Rs 670 per sq.ft in 2017 and Rs 1,000 per sq.ft in 2012.

What are the other streets in Karanaipuducheri?

Other streets in Karanaipuducheri include Sri Jayendira Saraswathi Suwamigal Nagar, Sri Jayendira Saraswathi Suwamigal Nagar Extn, Sri Gomathi Nagar, Sri Lingam Nagar, and Sri Lingam Nagar Extn, with varying guideline values.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated in Sri Jakki Vasudev Nagar - II?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft would incur a total duty of Rs 90,000.