Guideline Value for DASARA BHOOMI

Dasara Bhoomi guideline value

The current guideline value of Dasara Bhoomi, located in Thandalam village under the Thiruporur SRO, is Rs 1,650 per sq.ft. This value is effective from 1 July 2024 and falls under the Mixed Special Type - I land classification.

How the guideline value of Dasara Bhoomi has changed

There have been several revisions to the guideline value for Dasara Bhoomi over the years. The most recent revision in 2024 set the value at Rs 1,650 per sq.ft, which is an increase from the 2023 revision of Rs 1,500 per sq.ft, marking a change of +10%. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

Prior to the 2023 revision, the guideline values for Dasara Bhoomi were not recorded in the register for the aforementioned years. The 2023 value of Rs 1,500 per sq.ft was the first recorded figure for this street since the earlier revisions.

Guideline values in Thandalam

In Thandalam, there are 26 streets under the Thiruporur SRO, with guideline values ranging from Rs 660 to Rs 3,275 per sq.ft. The median guideline value is Rs 1,650 per sq.ft, which is the same as the current value for Dasara Bhoomi.

• Chellammal Nagar: Rs 1,100 per sq.ft (2024)
• Dual Pride City: Rs 1,650 per sq.ft (2024)
• Anandham Nagar Extention: Rs 1,478 per sq.ft (2024)
• Anandham Nagar: Rs 1,478 per sq.ft (2024)
• Janani's Kandhan Kottam Phase II: Rs 1,980 per sq.ft (2024)
• Amar Garden: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Dasara Bhoomi

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total cost for duty and fees to Rs 1,48,500. Please note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Dasara Bhoomi?

The Dasara Bhoomi area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process of property transactions in Thandalam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is considered alongside the sale price. If the sale price is higher than the guideline value, the stamp duty will be calculated based on the sale price. This ensures that the registration process is transparent and fair for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Dasara Bhoomi?

The current guideline value of Dasara Bhoomi is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Dasara Bhoomi has changed from Rs 1,500 per sq.ft in 2023 to Rs 1,650 per sq.ft in 2024, marking a +10% increase. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002.

What are the other guideline values in Thandalam?

In Thandalam, the guideline values for other streets range from Rs 660 to Rs 3,275 per sq.ft. Dasara Bhoomi's value of Rs 1,650 per sq.ft is equal to the median value of the streets in the area.

What are the stamp duty and registration fees for Dasara Bhoomi?

For a property in Dasara Bhoomi valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500, and the registration fee would be Rs 33,000, totaling Rs 1,48,500. These charges are based on the guideline value or the sale price, whichever is higher.

Which office handles the registration for Dasara Bhoomi?

The Thiruporur Sub Registrar Office handles the registration for Dasara Bhoomi, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.