Guideline Value for D.s.r. செல்வி நகர்

D.S.R. செல்வி நகர் guideline value

The current guideline value of D.S.R. செல்வி நகர் is Rs 1,474 per sq.ft, effective from 1 July 2024. This street is located in Ninna Karai village under the Chengleput Joint II SRO, classified as Mixed Type - I land.

How the guideline value of D.S.R. செல்வி நகர் has changed

The guideline value for D.S.R. செல்வி நகர் has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,474 per sq.ft, which is a 10% increase from the 2023 revision of Rs 1,340 per sq.ft. The 2017 revision also recorded Rs 1,340 per sq.ft, indicating no change from the previous year.

Prior to 2017, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 10%.

Guideline values in Ninna Karai

In Ninna Karai, there are 449 streets under the Chengleput Joint II SRO that have a 2024 guideline value ranging from Rs 440 to Rs 3,500 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value of D.S.R. செல்வி நகர் is above this median.

• D.S.R. செல்வி நகர் அனெக்ஸ்: Rs 2,200 per sq.ft (2024)
• Easwaran Koil Street (Ward -17): Rs 660 per sq.ft (2024)
• Diamond Avenue (Per): Rs 660 per sq.ft (2024)
• Devi Prasath Nagar (N): Rs 660 per sq.ft (2024)
• Ettiamman Koil Street Sattamangalam (Ward -15): Rs 440 per sq.ft (2024)
• Ford City (Per): Rs 660 per sq.ft (2024)

Stamp duty and registration fee for property in D.S.R. செல்வி நகர்

For a 1,000 sq.ft plot at the current guideline value of Rs 1,474 per sq.ft, the total guideline value would be Rs 14,74,000. The stamp duty at 7% would be Rs 1,03,180, and the registration fee at 2% would be Rs 29,480, making the total fees Rs 1,32,660. 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.R. செல்வி நகர்?

D.S.R. செல்வி நகர் falls under the Chengleput Joint II Sub Registrar Office located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property in Ninna Karai. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a reference point for both parties. It is essential to be aware of the current guideline value to ensure compliance with registration requirements and to avoid any potential disputes during the transaction.

Frequently asked questions

What is the current guideline value of D.S.R. செல்வி நகர்?

The current guideline value of D.S.R. செல்வி நகர் is Rs 1,474 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,340 per sq.ft from 2017 to 2023, before increasing to Rs 1,474 per sq.ft in 2024, marking a 10% increase.

What is the land classification of D.S.R. செல்வி நகர்?

D.S.R. செல்வி நகர் is classified as Mixed Type - I land.

What are the stamp duty and registration fees for property in D.S.R. செல்வி நகர்?

For a property valued at Rs 14,74,000, the stamp duty would be Rs 1,03,180 and the registration fee would be Rs 29,480, totaling Rs 1,32,660.

Which office handles registrations for D.S.R. செல்வி நகர்?

The Chengleput Joint II Sub Registrar Office at 10, Kancheepuram Main Road, Chengalpattu 603 002, handles registrations for D.S.R. செல்வி நகர்.