Guideline Value for D.R.R.Nagar 1st Street

D.R.R.Nagar 1st Street guideline value

The current guideline value of D.R.R.Nagar 1st Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Vallam_B village, under the Sriperumpudur SRO, classified as Residential Class III Type - I.

How the guideline value of D.R.R.Nagar 1st Street has changed

The guideline value for D.R.R.Nagar 1st Street has remained consistent at Rs 200 per sq.ft from the 2023 revision to the 2024 revision, indicating no change (0%). The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In the 2023 revision, the guideline value was Rs 200 per sq.ft, which is the same as the current value. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002 in the register for this street.

Guideline values in Vallam_B

Vallam_B village has 73 streets under the Sriperumpudur SRO carrying a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft, with a median of Rs 400 per sq.ft. The guideline value of D.R.R.Nagar 1st Street is below this median.

• D.R.R.Nagar: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 2nd Street: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 3rd Street: Rs 200 per sq.ft (2024)
• Dream Park Greenland: Rs 400 per sq.ft (2024)
• Deepalaxmi Nagar: Rs 400 per sq.ft (2024)
• Ganapathy Nagar: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in D.R.R.Nagar 1st Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. Duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers D.R.R.Nagar 1st Street?

The D.R.R.Nagar 1st Street is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor during property registration, as it determines the stamp duty and registration fees payable. Buyers and sellers must consider this value to ensure compliance with legal requirements and accurate financial planning.

When a property is sold, the guideline value serves as a benchmark for assessing the transaction's legitimacy. It helps in determining the appropriate taxes and fees, ensuring that both parties are aware of their financial obligations during the sale process.

Frequently asked questions

What is the current guideline value of D.R.R.Nagar 1st Street?

The current guideline value of D.R.R.Nagar 1st Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 200 per sq.ft from 2023 to 2024, with no changes. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Vallam_B?

In Vallam_B, other streets have varying guideline values, with rates from Rs 150 to Rs 1,950 per sq.ft. The median value in the village is Rs 400 per sq.ft.

What are the stamp duty and registration fees for a property in D.R.R.Nagar 1st Street?

The stamp duty for a property valued at Rs 2,00,000 would be Rs 14,000, and the registration fee would be Rs 4,000, totaling Rs 18,000. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for D.R.R.Nagar 1st Street?

The Sub Registrar Office covering D.R.R.Nagar 1st Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.