Guideline Value for JR HARMONY PHASE - I

Jr Harmony Phase - I guideline value

The current guideline value of Jr Harmony Phase - I is Rs 1,300 per sq.ft, effective from 1 July 2024. This property is located in Anumandai village under the Chengleput Joint II SRO, classified as Residential Special Type - II.

How the guideline value of Jr Harmony Phase - I has changed

In the 2023 revision, the guideline value for Jr Harmony Phase - I was Rs 1,300 per sq.ft, which remained unchanged in the 2024 revision. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017.

There was no percentage change between the 2023 and 2024 revisions, indicating stability in the guideline value for this period.

Guideline values in Anumandai

In Anumandai, there are six streets under the Chengleput Joint II SRO with a 2024 guideline value ranging from Rs 650 to Rs 2,500 per sq.ft. The median value for these streets is Rs 676 per sq.ft, making the guideline value of Jr Harmony Phase - I above this median.

• K R Green Meadown Phase IV& V: Rs 651 per sq.ft (2024)
• Smart City: Rs 650 per sq.ft (2024)
• Vkn It City: Rs 651 per sq.ft (2024)
• Jr Harmony Phase - II: Rs 2,500 per sq.ft (2024)
• S.R. Garden: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Jr Harmony Phase - I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, making the total cost for these fees Rs 1,17,000. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Jr Harmony Phase - I?

The Chengleput Joint II Sub Registrar Office covers Jr Harmony Phase - I, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is crucial during property transactions in Anumandai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value for calculating stamp duty and registration fees.

When registering a property, the guideline value or the sale price, whichever is higher, is used to compute the applicable duties. This ensures that the government receives the correct revenue based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Jr Harmony Phase - I?

The current guideline value of Jr Harmony Phase - I is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Jr Harmony Phase - I has remained unchanged at Rs 1,300 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Jr Harmony Phase - I?

Jr Harmony Phase - I is classified as Residential Special Type - II, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7%, and the registration fee is charged at 2% of the guideline value or sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a total fee of Rs 1,17,000 based on the current guideline value.

Where can I find the Sub Registrar Office for Jr Harmony Phase - I?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about this office through the provided link.