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Guideline Value

Corporate

Guideline Value for JANANI HOMES/ JANANI'S CM ENCLAVE

₹1700/sq.ft.

The guideline value for Janani Homes/ Janani's Cm Enclave in Chemmancheri village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Chemmancheri

Village

Neelankarai

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Janani Homes/ Janani's Cm Enclave

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Janani Homes/ Janani's Cm Enclave guideline value

The current guideline value for Janani Homes/ Janani's Cm Enclave is Rs 1,700 per sq.ft, effective from 1 July 2024. This property is located in Chemmancheri village, under the Neelankarai SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Janani Homes/ Janani's Cm Enclave has changed

The guideline value for Janani Homes/ Janani's Cm Enclave has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was followed by a decrease to Rs 1,005 per sq.ft in the 2017 revision, marking a reduction of 33%. However, the value increased significantly to Rs 1,500 per sq.ft in the 2023 revision, and then further rose to Rs 1,700 per sq.ft in the 2024 revision, reflecting a 13% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 13%. Notably, there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Chemmancheri

In Chemmancheri, there are 195 streets under the Neelankarai SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 6,600 per sq.ft. The median value for these streets is Rs 1,700 per sq.ft, which is equal to the current guideline value for Janani Homes/ Janani's Cm Enclave.

Stamp duty and registration fee for property in Janani Homes/ Janani's Cm Enclave

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total fees together to Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Janani Homes/ Janani's Cm Enclave?

The Janani Homes/ Janani's Cm Enclave is covered by the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Chemmancheri. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value helps ensure that the transaction is recorded at a fair value, reflecting the current market conditions. This process is essential for maintaining transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value for Janani Homes/ Janani's Cm Enclave?

The current guideline value for Janani Homes/ Janani's Cm Enclave is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally reached Rs 1,700 per sq.ft in 2024.

What are the other streets in Chemmancheri with similar guideline values?

Other streets in Chemmancheri with a guideline value of Rs 1,700 per sq.ft include Janani Jai Balaji Avenue and Janani's Raghav Enclave.

What are the stamp duty and registration fees for properties in Janani Homes/ Janani's Cm Enclave?

For a property valued at Rs 17,00,000, the stamp duty would be Rs 1,19,000, and the registration fee would be Rs 34,000, totaling Rs 1,53,000.

Which office should I visit for registration in Chemmancheri?

The Neelankarai Sub Registrar Office is responsible for property registrations in Chemmancheri, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai.