Guideline Value for JANSI CO- OPERATIVE NAGAR

Jansi Co- Operative Nagar guideline value

The current guideline value of Jansi Co- Operative Nagar is Rs 100 per sq.ft, effective from 1 July 2024. This area is located in Chinnakavanam 2 village under the Ponneri SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Jansi Co- Operative Nagar has changed

The guideline value for Jansi Co- Operative Nagar has been consistent in recent years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision recorded a guideline value of Rs 100 per sq.ft, which remained unchanged in the 2024 revision.

From the 2023 to the 2024 revision, there was a change of +0%. Therefore, the current guideline value stands at Rs 100 per sq.ft for both revisions.

Guideline values in Chinnakavanam 2

In Chinnakavanam 2, there are six streets under the Ponneri SRO that carry a 2024 guideline value of Rs 100 per sq.ft. This figure is equal to the median value of Rs 100 per sq.ft for the area. Jansi Co- Operative Nagar aligns with this median.

• Green Park: Rs 100 per sq.ft (2024)
• Grand Avenue: Rs 100 per sq.ft (2024)
• R.K. Nagar: Rs 100 per sq.ft (2024)
• Sai City: Rs 100 per sq.ft (2024)
• Sri Ganapathy Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Jansi Co- Operative Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. Duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Jansi Co- Operative Nagar?

The Sub Registrar Office that covers Jansi Co- Operative 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 Chinnakavanam 2

The guideline value is a crucial factor during property transactions in Chinnakavanam 2. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately in the official records.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This ensures transparency and compliance with regulatory requirements.

Frequently asked questions

What is the current guideline value of Jansi Co- Operative Nagar?

The current guideline value of Jansi Co- Operative Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 100 per sq.ft for the revisions in 2023 and 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Jansi Co- Operative Nagar?

Jansi Co- Operative Nagar falls under the Residential Class II Type - I land classification, which designates it for residential use.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 1,00,000, the stamp duty would be Rs 7,000 and the registration fee would be Rs 2,000, totaling Rs 9,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Jansi Co- Operative Nagar located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. This office handles the registration of properties in Jansi Co- Operative Nagar.