Guideline Value for JANANI'S KANDHAN KOTTAM PHASE II

Janani's Kandhan Kottam Phase II guideline value

The current guideline value of Janani's Kandhan Kottam Phase II is Rs 1,980 per sq.ft, effective from 1 July 2024. This property is located in Thandalam village, under the Thiruporur SRO, and is classified as Residential Class III Type - III.

How the guideline value of Janani's Kandhan Kottam Phase II has changed

The guideline value for Janani's Kandhan Kottam Phase II has undergone several revisions over the years. The earliest revisions in 2002, 2003, 2007, 2012, and 2017 have no figures recorded for this street. The 2023 revision set the guideline value at Rs 1,800 per sq.ft, which was then increased to Rs 1,980 per sq.ft in the 2024 revision, marking a 10% increase.

In summary, the guideline value has risen from Rs 1,800 per sq.ft in 2023 to Rs 1,980 per sq.ft in 2024. This increase reflects the current valuation trends as per the latest revision.

Guideline values in Thandalam

Thandalam has a range of guideline values across its 26 streets under the Thiruporur SRO, with figures varying from Rs 660 to Rs 3,275 per sq.ft. The median guideline value in the village is Rs 1,650 per sq.ft, placing Janani's Kandhan Kottam Phase II above this median.

• Jothi Nagar: Rs 1,650 per sq.ft (2024)
• Dual Pride City: Rs 1,650 per sq.ft (2024)
• Dasara Bhoomi: Rs 1,650 per sq.ft (2024)
• Chellammal Nagar: Rs 1,100 per sq.ft (2024)
• Anandham Nagar Extention: Rs 1,478 per sq.ft (2024)
• Anandham Nagar: Rs 1,478 per sq.ft (2024)

Stamp duty and registration fee for property in Janani's Kandhan Kottam Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value amounts to Rs 19,80,000. The stamp duty, calculated at 7%, would be Rs 1,38,600, while the registration fee at 2% would be Rs 39,600, bringing the total charges to Rs 1,78,200. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Janani's Kandhan Kottam Phase II?

The Sub Registrar Office that covers Janani's Kandhan Kottam Phase II is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration of property transactions in Thandalam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When a buyer or seller approaches the registration office, the guideline value is used to calculate the necessary fees, ensuring compliance with local regulations. This value helps in establishing a clear and consistent pricing framework for real estate transactions in the area.

Frequently asked questions

What is the current guideline value of Janani's Kandhan Kottam Phase II?

The current guideline value of Janani's Kandhan Kottam Phase II is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Janani's Kandhan Kottam Phase II was Rs 1,800 per sq.ft in 2023 and increased to Rs 1,980 per sq.ft in 2024. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Thandalam?

The median guideline value in Thandalam is Rs 1,650 per sq.ft. Janani's Kandhan Kottam Phase II is above this median value.

What are the stamp duty and registration fees for a property in Janani's Kandhan Kottam Phase II?

For a property valued at Rs 19,80,000, the stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Janani's Kandhan Kottam Phase II located?

The Thiruporur Sub Registrar Office, which covers Janani's Kandhan Kottam Phase II, is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.