Guideline Value for JANDA NAGAR

Janda Nagar guideline value

The current guideline value of Janda Nagar is Rs 500 per sq.ft, as per the 2023 revision. This area is located in Kovalam village and falls under the Thiruporur SRO. The land classification for this street is Residential Class IV Type - I.

How the guideline value of Janda Nagar has changed

The guideline value of Janda Nagar has seen several revisions over the years. The 2007 revision set the value at Rs 100 per sq.ft, which increased significantly to Rs 500 per sq.ft in the 2012 revision, marking a 400% rise. However, in the 2017 revision, the value dropped to Rs 335 per sq.ft, a decrease of 33% from the previous revision. The most recent 2023 revision restored the guideline value to Rs 500 per sq.ft, reflecting a 49% increase from 2017.

Overall, from the 2007 revision to the 2023 revision, the guideline value has increased by 400%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Kovalam

Currently, there are no specific village figures provided for Kovalam. Janda Nagar is one of the streets under the Thiruporur SRO.

Stamp duty and registration fee for property in Janda Nagar

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. 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 further calculations.

Which Sub Registrar Office covers Janda Nagar?

The Sub Registrar Office that covers Janda Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Kovalam. It is used to determine the stamp duty and registration fees that need to be paid when a property is sold or purchased.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Janda Nagar?

The current guideline value of Janda Nagar is Rs 500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2007 to Rs 500 per sq.ft in 2012, then decreased to Rs 335 per sq.ft in 2017, and finally returned to Rs 500 per sq.ft in 2023.

What is the stamp duty for property in Janda Nagar?

The stamp duty for property in Janda Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Are there any other streets in Kovalam with guideline values?

Currently, there are no other streets in Kovalam listed with guideline values under the Thiruporur SRO.