Guideline Value for D.N.S.nagar Phaase I

D.N.S.nagar Phaase I guideline value

The current guideline value of D.N.S.nagar Phaase I is Rs 375 per sq.ft, effective from 1 July 2024. This area is located in Kovilkuppam village and falls under the Manavalanagar SRO. The land classification for this street is Residential Class I Type - IV.

How the guideline value of D.N.S.nagar Phaase I has changed

The guideline value for D.N.S.nagar Phaase I has remained consistent at Rs 375 per sq.ft since the 2023 revision. Prior to that, there are no figures available in the register for the years 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, the guideline value was set at Rs 375 per sq.ft, reflecting a change of +0% from the previous year. This indicates that there has been no increase or decrease in the guideline value from 2023 to 2024.

Guideline values in Kovilkuppam

Kovilkuppam village has a total of 68 streets under the Manavalanagar SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 800 per sq.ft, with a median of Rs 350 per sq.ft. The guideline value for D.N.S.nagar Phaase I is above this median.

• D.N.S.nagar: Rs 375 per sq.ft (2024)
• Dollar County Phase 1: Rs 500 per sq.ft (2024)
• Dollar County Phase 3: Rs 300 per sq.ft (2024)
• Chinnasamy Avenue: Rs 300 per sq.ft (2024)
• Brittania Nagar: Rs 300 per sq.ft (2024)
• Bhavani Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in D.N.S.nagar Phaase I

For a 1,000 sq.ft plot at the current guideline value of Rs 375 per sq.ft, the total guideline value amounts to Rs 3,75,000. The stamp duty, calculated at 7%, would be Rs 26,250, and the registration fee at 2% would be Rs 7,500, bringing the total charges to Rs 33,750. It is important to note that stamp 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 D.N.S.nagar Phaase I?

The Sub Registrar Office that covers D.N.S.nagar Phaase I is the Manavalanagar Sub Registrar Office, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when buying or selling property in Kovilkuppam, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees, which are mandatory during the registration process.

When a property is sold, the buyer must ensure that the sale price is at least equal to the guideline value to avoid any legal complications. The registration office uses the guideline value to assess the applicable charges and ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of D.N.S.nagar Phaase I?

The current guideline value of D.N.S.nagar Phaase I is Rs 375 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 375 per sq.ft since the 2023 revision, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the registration office for D.N.S.nagar Phaase I?

The registration office for D.N.S.nagar Phaase I is the Manavalanagar Sub Registrar Office, located at Thandalam Main Road, Nungambakkam Village, Manavalanagar-602002, Chennai registration zone.

How is stamp duty calculated in D.N.S.nagar Phaase I?

Stamp duty in D.N.S.nagar Phaase I is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 26,250 based on the current guideline value.

Where can I find more information about guideline values?

More information about guideline values can be accessed through the Registration Department's guideline value register (TNReginet) or by visiting the relevant links provided for other streets in Kovilkuppam.