Guideline Value for D.N.R. NAGAR

D.N.R. Nagar guideline value

The current guideline value of D.N.R. Nagar, located in Voyalur village under the Ponneri SRO, is Rs 100 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - I land classification.

How the guideline value of D.N.R. Nagar has changed

The guideline value for D.N.R. Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 100 per sq.ft, which is the same as the 2023 revision. Prior to this, the 2017 revision recorded a value of Rs 67 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and the overall change from 2017 to 2024 is also a 49% increase. The consistent figure of Rs 100 per sq.ft in the 2023 and 2024 revisions indicates no change during that period.

Guideline values in Voyalur

In Voyalur, there are 17 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 150 per sq.ft, with a median value of Rs 100 per sq.ft. D.N.R. Nagar's 2024 figure aligns with this median.

• Ganapathy Nagar: Rs 100 per sq.ft (2024)
• Global City Phase-I: Rs 100 per sq.ft (2024)
• Globel City: Rs 126 per sq.ft (2024)
• Green City: Rs 126 per sq.ft (2024)
• Hindustan Nagar: Rs 126 per sq.ft (2024)
• Indhira Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in D.N.R. 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, bringing the total to Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers D.N.R. Nagar?

The Sub Registrar Office that covers D.N.R. Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Voyalur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the costs involved. This helps in maintaining transparency in property transactions.

Frequently asked questions

What is the current guideline value of D.N.R. Nagar?

The current guideline value of D.N.R. Nagar is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 67 per sq.ft in 2017 to Rs 100 per sq.ft in both 2023 and 2024, marking a 49% increase over the period from 2017 to 2024.

What are the other streets in Voyalur with their guideline values?

Other streets in Voyalur include Ganapathy Nagar and Global City Phase-I, both at Rs 100 per sq.ft, and Globel City, Green City, and Hindustan Nagar, which are at Rs 126 per sq.ft in 2024.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. It is the office responsible for property registrations in D.N.R. Nagar.

How is stamp duty calculated in D.N.R. Nagar?

Stamp duty in D.N.R. Nagar is calculated based on the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 1,00,000 would incur a stamp duty of Rs 7,000 at 7%.