Guideline Value for JAYARAMAN NAGAR( 255/2A,259/1A,259/4A1 )

Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) guideline value

The current guideline value for Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) is Rs 1,650 per sq.ft, effective from 1 July 2024. This property is located in Karanaipuducheri village under the Gooduvancheri SRO, classified as Mixed Type - I.

How the guideline value of Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) has changed

The guideline value for this street has remained consistent at Rs 1,650 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to this, the register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In summary, from the 2023 to the 2024 revision, there has been no change, with a percentage increase of +0%. Therefore, the guideline value has remained stable over these two revisions.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) above this median.

• Jayaraman Nagar: Rs 1,650 per sq.ft (2024)
• Jbm Enclave Phase -I: Rs 800 per sq.ft (2024)
• Hindu Avenue Extn-V: Rs 701 per sq.ft (2024)
• Hindu Avenue Extension I & II: Rs 701 per sq.ft (2024)
• Hindu Avenue Extension -6: Rs 701 per sq.ft (2024)
• Hindu Avenue: Rs 701 per sq.ft (2024)

Stamp duty and registration fee for property in Jayaraman Nagar( 255/2a,259/1a,259/4a1 )

For a 1,000 sq.ft plot at the current rate of Rs 1,650 per sq.ft, the guideline value would be Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, totaling Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Jayaraman Nagar( 255/2a,259/1a,259/4a1 )?

The Sub Registrar Office that covers Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process for property transactions in Karanaipuducheri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price, which can affect the total cost of the transaction.

Frequently asked questions

What is the current guideline value of Jayaraman Nagar?

The current guideline value of Jayaraman Nagar( 255/2a,259/1a,259/4a1 ) is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,650 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the median guideline value in Karanaipuducheri?

The median guideline value for the 108 streets in Karanaipuducheri is Rs 802 per sq.ft. Jayaraman Nagar's guideline value is above this median.

What are the stamp duty and registration fees for properties in Jayaraman Nagar?

For a property valued at Rs 16,50,000, the stamp duty is Rs 1,15,500 and the registration fee is Rs 33,000, totaling Rs 1,48,500. These fees are calculated based on the guideline value or sale price, whichever is higher.

Which office handles registrations for Jayaraman Nagar?

The Gooduvancheri Sub Registrar Office handles registrations for Jayaraman Nagar( 255/2a,259/1a,259/4a1 ). It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.