Guideline Value for JAI ANJANEYA NAGAR

Jai Anjaneya Nagar guideline value

The current guideline value of Jai Anjaneya Nagar is Rs 102 per sq.ft, effective from 1 July 2024. This street is located in the village of Sirupinayoor,Thiruvanthavar,Perungazhi under the Salavakkam SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Jai Anjaneya Nagar has changed

The guideline value for Jai Anjaneya Nagar has undergone several revisions over the years. The earliest recorded value is from 2012, which was Rs 70 per sq.ft. This increased to Rs 47 per sq.ft in the 2017 revision, marking a decrease of 33%. However, from 2017 to 2023, the value saw a significant increase to Rs 100 per sq.ft, reflecting a rise of 113%. The most recent revision in 2024 set the guideline value at Rs 102 per sq.ft, which is a 2% increase from the previous year.

There are no recorded figures for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 46%, highlighting the changes in property valuation over time.

Guideline values in Sirupinayoor,Thiruvanthavar,Perungazhi

In the village of Sirupinayoor,Thiruvanthavar,Perungazhi, there are 36 streets under the Salavakkam SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,000 per sq.ft. The median value for these streets is Rs 150 per sq.ft, placing Jai Anjaneya Nagar's 2024 figure below that median.

• JV promoter's in PTC nagar: Rs 250 per sq.ft (2024)
• Ganesh Nagar: Rs 102 per sq.ft (2024)
• Krishna Brindavan: Rs 100 per sq.ft (2024)
• Krishna Nagar: Rs 150 per sq.ft (2024)
• Krishna Nagar (A) Anna Nagar: Rs 150 per sq.ft (2024)
• Krishna Thulasi: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Jai Anjaneya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 102 per sq.ft, the total guideline value amounts to Rs 1,02,000. The stamp duty at 7% would be Rs 7,140, and the registration fee at 2% would be Rs 2,040, bringing the total cost for these fees to Rs 9,180. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Jai Anjaneya Nagar?

The Sub Registrar Office that covers Jai Anjaneya Nagar is the Salavakkam Sub Registrar Office, located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sirupinayoor,Thiruvanthavar,Perungazhi

The guideline value plays a crucial role during the registration process of property transactions in Sirupinayoor,Thiruvanthavar,Perungazhi. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duties and registration fees.

When buying or selling property, it is essential to be aware of the guideline value as it influences the overall costs involved in the transaction. Buyers should ensure that the sale price is not significantly lower than the guideline value to avoid complications during registration.

Frequently asked questions

What is the current guideline value of Jai Anjaneya Nagar?

The current guideline value of Jai Anjaneya Nagar is Rs 102 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 70 per sq.ft in 2012 to Rs 102 per sq.ft in 2024, with various revisions in between, including a peak of Rs 100 per sq.ft in 2023.

What is the land classification for Jai Anjaneya Nagar?

The land classification for Jai Anjaneya Nagar is Residential Class III Type - I.

Where can I find the Salavakkam Sub Registrar Office?

The Salavakkam Sub Registrar Office is located at 2/1a, Thottakkara Street, Salavakkam, 603 107, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, while the registration fee is charged at 2% of the same. For example, for a 1,000 sq.ft plot at Rs 102 per sq.ft, the total fees amount to Rs 9,180.