Guideline Value for JAYNAGAR EXT

Jaynagar Ext guideline value

The current guideline value of Jaynagar Ext in Thotakadu village is Rs 150 per sq.ft, effective from 1 July 2024. This area falls under the Ponneri Sub Registrar Office and is classified as Residential Class II Type - I.

How the guideline value of Jaynagar Ext has changed

Over the years, the guideline value for Jaynagar Ext has seen several revisions. The 2012 revision set the value at Rs 150 per sq.ft, which remained unchanged in the subsequent 2017 revision where it was reduced to Rs 100 per sq.ft. The 2023 revision brought the value back to Rs 150 per sq.ft, and the latest 2024 revision has maintained this value, reflecting a 0% change from 2023 to 2024. The overall change from 2012 to 2024 is also 0%.

From 2017 to 2023, there was a significant increase of 50%. The 2012 to 2017 period saw a decrease of 33%. It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Thotakadu

In Thotakadu, ten streets under the Ponneri SRO have a 2024 guideline value ranging from Rs 150 to Rs 150 per sq.ft, with a median of Rs 150 per sq.ft. The guideline value for Jaynagar Ext is equal to this median.

• Jay Nagar: Rs 150 per sq.ft (2024)
• J.P. Nagar: Rs 150 per sq.ft (2024)
• K.P.M.Nagar: Rs 150 per sq.ft (2024)
• Sivasakthi Vinayagar Nagar: Rs 150 per sq.ft (2024)
• Sri Amman Nagar: Rs 150 per sq.ft (2024)
• Sri Amman Nagar Ext: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Jaynagar Ext

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. It is important to note that the 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 Jaynagar Ext?

The Jaynagar Ext area is covered by 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 Thotakadu

The guideline value is a critical factor during the registration of property transactions in Thotakadu. It is used to determine the stamp duty and registration fees that must be paid, ensuring compliance with local regulations.

When buying or selling property, the guideline value serves as a benchmark for the transaction value. This means that buyers should be aware of the guideline value to avoid discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Jaynagar Ext?

The current guideline value of Jaynagar Ext is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 150 per sq.ft in both 2023 and 2024. The value was Rs 100 per sq.ft in 2017 and Rs 150 per sq.ft in 2012.

What is the land classification for Jaynagar Ext?

Jaynagar Ext is classified as Residential Class II Type - I, indicating its suitability for residential development.

Where can I find more information about stamp duty and registration fees?

For detailed information on stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which office handles the registration for Jaynagar Ext?

The Ponneri Sub Registrar Office handles the registration for Jaynagar Ext, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.