Guideline Value for D.S Nagar (1 to 6 Street)

D.S Nagar (1 to 6 Street) guideline value

The current guideline value of D.S Nagar (1 to 6 Street) is Rs 2,000 per sq.ft, as per the 2023 revision. This area falls under the Gooduvancheri SRO and is classified as Mixed Special Type - I.

How the guideline value of D.S Nagar (1 to 6 Street) has changed

Over the years, the guideline value of D.S Nagar has seen several revisions. The earliest recorded figure is from 2007, which was Rs 550 per sq.ft. This value increased significantly to Rs 2,000 per sq.ft in 2012, marking an increase of 264%. However, in the 2017 revision, the guideline value dropped to Rs 1,340 per sq.ft, which was a decrease of 33%. The most recent revision in 2023 saw the guideline value rise again to Rs 2,000 per sq.ft, reflecting a 49% increase from the previous figure.

Overall, from 2007 to 2023, the guideline value has increased by 264%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2024 for this street.

Guideline values in Vandalur

Currently, there are no specific village figures available for Vandalur. D.S Nagar (1 to 6 Street) is a part of the Gooduvancheri SRO, and there are no other streets in Vandalur listed with guideline values.

Stamp duty and registration fee for property in D.S Nagar (1 to 6 Street)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty at 7% would be Rs 1,40,000, and the registration fee at 2% would be Rs 40,000, bringing the total cost for these fees to Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers D.S Nagar (1 to 6 Street)?

The D.S Nagar (1 to 6 Street) area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process for property transactions in Vandalur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, buyers must pay stamp duty based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate taxes based on the property's value as determined by the guideline value register.

Frequently asked questions

What is the current guideline value of D.S Nagar (1 to 6 Street)?

The current guideline value of D.S Nagar (1 to 6 Street) is Rs 2,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since 2007, the guideline value has increased from Rs 550 per sq.ft to Rs 2,000 per sq.ft in 2012, then decreased to Rs 1,340 per sq.ft in 2017, and finally returned to Rs 2,000 per sq.ft in 2023.

What is the stamp duty rate for properties in D.S Nagar?

The stamp duty rate for properties in D.S Nagar is 7% of the guideline value or the sale price, whichever is higher.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.

Is there a calculator for stamp duty and registration fees?

Yes, there is a stamp duty and registration fee calculator available for estimating the fees based on the guideline value.