Guideline Value for JANAKI RATHINA NAGAR

Janaki Rathina Nagar guideline value

The current guideline value of Janaki Rathina Nagar is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in Ariyanvoyal village under the Ponneri SRO, classified as Residential Class II Type - I.

How the guideline value of Janaki Rathina Nagar has changed

The guideline value for Janaki Rathina Nagar has undergone several revisions over the years. In 2012, the value was Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in 2017. Following this, the value increased significantly to Rs 300 per sq.ft in 2023 and further rose to Rs 330 per sq.ft in 2024. The register has no figure for this street in 2002, 2003, and 2007.

From 2012 to 2017, the guideline value decreased by 33%. However, from 2017 to 2023, it increased by 49%. The overall change from 2012 to 2024 reflects an increase of 10%.

Guideline values in Ariyanvoyal

Ariyanvoyal village features 26 streets under the Ponneri SRO, with guideline values ranging from Rs 330 to Rs 880 per sq.ft. The median guideline value is Rs 330 per sq.ft, which is equal to the current value of Janaki Rathina Nagar.

• Jayalakshmi Nagar: Rs 440 per sq.ft (2024)
• Jegan Nagra: Rs 330 per sq.ft (2024)
• Ganesh Nagar: Rs 330 per sq.ft (2024)
• Kattur Road: Rs 330 per sq.ft (2024)
• Elango Nagar: Rs 330 per sq.ft (2024)
• K.R.K. Nagar: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Janaki Rathina Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value amounts to Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, bringing the total to Rs 29,700. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Janaki Rathina Nagar?

The Sub Registrar Office that covers Janaki Rathina Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ariyanvoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. This helps maintain transparency and accountability in property transactions within the region.

Frequently asked questions

What is the current guideline value of Janaki Rathina Nagar?

The current guideline value of Janaki Rathina Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then to Rs 300 per sq.ft in 2023, and finally to Rs 330 per sq.ft in 2024.

What is the classification of land in Janaki Rathina Nagar?

Janaki Rathina Nagar is classified as Residential Class II Type - I.

Where can I find the Ponneri Sub Registrar Office?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for properties in Janaki Rathina Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the guideline value of Rs 330 per sq.ft would incur a total stamp duty of Rs 23,100.