Guideline Value for THE BREEZE BY JONES

The Breeze By Jones guideline value

The current guideline value of The Breeze By Jones is Rs 3,350 per sq.ft, effective from 1 July 2024. This property is located in Chitthalapakkam village, under the Selaiyur SRO, and is classified as Residential Special Type - IV.

How the guideline value of The Breeze By Jones has changed

The guideline value for The Breeze By Jones has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 3,350 per sq.ft, which is an increase of 9% from the 2023 revision of Rs 3,075 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, the 2023 revision was the last recorded figure before the current 2024 revision. The increase from Rs 3,075 to Rs 3,350 indicates a significant adjustment in the guideline value over the past year.

Guideline values in Chitthalapakkam

In Chitthalapakkam, there are 107 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 1,300 to Rs 5,000 per sq.ft, with a median value of Rs 2,900 per sq.ft. The Breeze By Jones is positioned above this median value.

• Thaumanavar Street: Rs 2,700 per sq.ft (2024)
• Thendral Nagar: Rs 2,100 per sq.ft (2024)
• Thirukkural Street: Rs 1,950 per sq.ft (2024)
• Tamilselvi Nagar: Rs 2,900 per sq.ft (2024)
• Thirumalai Nagar: Rs 2,700 per sq.ft (2024)
• Tamilnadu Housing Board (L.I.G & H.I.G): Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in The Breeze By Jones

For a 1,000 sq.ft plot at the current guideline value of Rs 3,350 per sq.ft, the total guideline value would be Rs 33,50,000. The stamp duty at 7% would amount to Rs 2,34,500, and the registration fee at 2% would be Rs 67,000, resulting in a total of Rs 3,01,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers The Breeze By Jones?

The Breeze By Jones falls under the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Chitthalapakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is conducted at a fair price.

When you register a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that all transactions are documented accurately and reflect the current market conditions as per the official register.

Frequently asked questions

What is the current guideline value of The Breeze By Jones?

The current guideline value of The Breeze By Jones is Rs 3,350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,075 per sq.ft in 2023 to Rs 3,350 per sq.ft in 2024, marking a 9% increase. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Chitthalapakkam?

Other streets in Chitthalapakkam have varying guideline values, with rates ranging from Rs 1,300 to Rs 5,000 per sq.ft. The median value in the area is Rs 2,900 per sq.ft.

What is the stamp duty for The Breeze By Jones?

The stamp duty for a property in The Breeze By Jones is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, the stamp duty would amount to Rs 2,34,500 based on the current guideline value.

Where is the Selaiyur Sub Registrar Office located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. This office handles the registration of properties in the area.