Guideline Value

Corporate

Guideline Value for DAC VILVA

₹2750/sq.ft.

The guideline value for Dac Vilva in Madambakkam village (Selaiyur SRO, Chengalpattu zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Madambakkam

Village

Selaiyur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.36,bharathmatha Salai(opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur,chennai - 600 073.
044-22391102
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Dac Vilva

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Dac Vilva guideline value

The current guideline value for Dac Vilva in Madambakkam village is Rs 2,750 per sq.ft, effective from 1 July 2024. This property falls under the Selaiyur SRO and is classified as Commercial Class I Type - I.

How the guideline value of Dac Vilva has changed

Looking at the revisions, the guideline value for Dac Vilva has seen an increase from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, marking a change of +10%. Prior to the 2023 revision, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

The 2024 revision reflects the most recent adjustment, with the previous figure of Rs 2,500 per sq.ft in 2023 indicating a steady increase in the guideline value over time. The absence of figures for earlier revisions suggests that the value for Dac Vilva has not been updated in the register for those years.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft. The median value is Rs 2,400 per sq.ft, positioning Dac Vilva's 2024 figure above this median.

Stamp duty and registration fee for property in Dac Vilva

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, while the registration fee at 2% would be Rs 55,000, bringing the total cost for these fees to Rs 2,47,500. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dac Vilva?

The Sub Registrar Office that covers Dac Vilva is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor during the registration process when buying or selling property in Madambakkam. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value set by the government.

When a property is registered, the guideline value will determine the minimum amount on which stamp duty is calculated, which helps in maintaining transparency and fairness in property transactions. Buyers and sellers should be aware of these values to ensure compliance with local regulations during the property transfer process.

Frequently asked questions

What is the current guideline value of Dac Vilva?

The current guideline value of Dac Vilva is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Dac Vilva increased from Rs 2,500 per sq.ft in 2023 to Rs 2,750 per sq.ft in 2024, which is a +10% change. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

What is the land classification of Dac Vilva?

Dac Vilva is classified as Commercial Class I Type - I, which indicates its intended use for commercial activities.

What are the stamp duty and registration fees for property in Dac Vilva?

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500 at 7%, and the registration fee would be Rs 55,000 at 2%, totaling Rs 2,47,500. Duty is charged on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Dac Vilva located?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone.