Guideline Value for DASARPURAM 1ST STREET

Dasarpuram 1st Street guideline value

The current guideline value of Dasarpuram 1st Street is Rs 840 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Dasarpuram 1st Street has changed

The guideline value for Dasarpuram 1st Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 840 per sq.ft, an increase of 5% from Rs 800 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 737 per sq.ft, marking a 9% increase from 2017 to 2023. Overall, from 2017 to 2024, the guideline value has increased by 14%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft. The median value is Rs 750 per sq.ft, placing Dasarpuram 1st Street's current value above this median.

• Dasarpuram 2nd Street: Rs 840 per sq.ft (2024)
• Dasarpuram 3rd Street: Rs 840 per sq.ft (2024)
• Dasarpuram & Streets: Rs 840 per sq.ft (2024)
• Damodaran Nagar & Streets: Rs 750 per sq.ft (2024)
• Damodaran Nagar Main Street: Rs 750 per sq.ft (2024)
• Damodaran Nagar 3rd Cross St: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Dasarpuram 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 840 per sq.ft, the total guideline value would be Rs 8,40,000. The stamp duty at 7% would amount to Rs 58,800, and the registration fee at 2% would be Rs 16,800, bringing the total charges to Rs 75,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Dasarpuram 1st Street?

The Dasarpuram 1st Street falls under the jurisdiction of the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that the transaction is recorded accurately in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Dasarpuram 1st Street?

The current guideline value of Dasarpuram 1st Street is Rs 840 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 840 per sq.ft in 2024, reflecting a total increase of 14% over this period.

What are the stamp duty rates for properties in Dasarpuram 1st Street?

The stamp duty for properties in Dasarpuram 1st Street is charged at 7% of the guideline value or the sale price, whichever is higher.

Which office handles the registration for Dasarpuram 1st Street?

The Avadi Sub Registrar Office is responsible for the registration of properties in Dasarpuram 1st Street, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the median guideline value for streets in Thiruninravur-A?

The median guideline value for streets in Thiruninravur-A is Rs 750 per sq.ft, with Dasarpuram 1st Street's current value of Rs 840 per sq.ft being above this median.