Guideline Value for D.R.R.Nagar

D.R.R.Nagar guideline value

The current guideline value of D.R.R.Nagar in Vallam_B village, under the Sriperumpudur SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class III Type - I land classification.

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

In the 2023 revision, the guideline value for D.R.R.Nagar was Rs 200 per sq.ft. The 2024 revision also maintained the same value of Rs 200 per sq.ft, indicating no change between these two years. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

As there have been no changes in the guideline value from 2023 to 2024, the value remains stable at Rs 200 per sq.ft. This consistency reflects the absence of fluctuations in the guideline value for D.R.R.Nagar in the recent revisions.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,950 per sq.ft, with a median value of Rs 400 per sq.ft. D.R.R.Nagar's 2024 figure is below this median, indicating its relative positioning within the village.

• D.R.R.Nagar 1st Street: 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

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty is calculated at 7%, resulting in Rs 14,000, while the registration fee at 2% amounts to Rs 4,000. Therefore, the total cost for stamp duty and registration fees together is Rs 18,000. 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 D.R.R.Nagar?

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

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

The guideline value plays a crucial role in property transactions in Vallam_B. It is used to determine the stamp duty and registration fees that buyers must pay when registering a property. This ensures that the government receives the appropriate revenue from property transactions in the area.

When buying or selling property, it is essential to be aware of the guideline value, as it can impact the overall cost of the transaction. Buyers should ensure they are informed about the current guideline value to avoid any surprises during the registration process.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value for D.R.R.Nagar has remained consistent at Rs 200 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Vallam_B?

The median guideline value in Vallam_B is Rs 400 per sq.ft, with D.R.R.Nagar's guideline value being below this median.

What are the stamp duty and registration fees in D.R.R.Nagar?

For a 1,000 sq.ft plot in D.R.R.Nagar, the total guideline value is Rs 2,00,000. The stamp duty at 7% is Rs 14,000, and the registration fee at 2% is Rs 4,000, totaling Rs 18,000 for both fees.

Which office handles registrations for D.R.R.Nagar?

The Sriperumpudur Sub Registrar Office handles registrations for D.R.R.Nagar, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.