Guideline Value for JAYA SURYA NAGAR

Jaya Surya Nagar guideline value

The current guideline value of Jaya Surya Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This locality is situated in Anupampattu village, under the Ponneri Sub Registrar Office (SRO). The land classification for this area is Residential Class II Type - I.

How the guideline value of Jaya Surya Nagar has changed

In the 2012 revision, the guideline value was set at Rs 300 per sq.ft. This figure remained unchanged in the subsequent revisions of 2017, where it was Rs 201 per sq.ft, and in 2023, which also recorded Rs 300 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

From 2017 to 2023, the guideline value saw an increase of 49%, bringing it back to Rs 300 per sq.ft. The most recent revision in 2024 maintained this value, showing no percentage change from 2023. Overall, from 2012 to 2024, the guideline value has remained at Rs 300 per sq.ft.

Guideline values in Anupampattu

Anupampattu village has a total of 42 streets under the Ponneri SRO, with guideline values ranging from Rs 300 to Rs 500 per sq.ft. The median guideline value for this area is Rs 300 per sq.ft, making Jaya Surya Nagar's 2024 figure equal to that median.

• Kalai Garden: Rs 300 per sq.ft (2024)
• Gresh Avenue: Rs 300 per sq.ft (2024)
• Golden City Nagar: Rs 300 per sq.ft (2024)
• Golden City Ext: Rs 300 per sq.ft (2024)
• Durai Swami Nagar: Rs 300 per sq.ft (2024)
• Lakshmi Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Jaya Surya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000 and the registration fee at 2% would be Rs 6,000, making the total charges Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Jaya Surya Nagar?

The Jaya Surya Nagar area is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Anupampattu. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that all transactions are conducted fairly and in accordance with the established regulations.

Frequently asked questions

What is the current guideline value of Jaya Surya Nagar?

The current guideline value of Jaya Surya Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with the most recent revision in 2024 maintaining it at Rs 300 per sq.ft. Notably, there was a 49% increase from 2017 to 2023, while the overall change from 2012 to 2024 has been 0%.

What is the land classification of Jaya Surya Nagar?

Jaya Surya Nagar is classified as Residential Class II Type - I. This classification indicates the type of development and usage permitted in the area.

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. This office handles all property registrations in the area.

How is the stamp duty calculated for properties in Jaya Surya Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 300 per sq.ft would incur a total guideline value of Rs 3,00,000, leading to specific stamp duty and registration fees.