Guideline Value for DASS PURAM

Dass Puram guideline value

The current guideline value of Dass Puram, located in Puliyur village under the Kodambakkam SRO, is Rs 4,400 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class IV Type - II.

How the guideline value of Dass Puram has changed

In the 2007 revision, the guideline value was set at Rs 1,200 per sq.ft. This figure saw a significant increase in the 2012 revision, where it rose to Rs 4,000 per sq.ft, marking a change of +233%. The guideline value remained unchanged at Rs 4,000 per sq.ft in the 2023 revision. However, the latest revision in 2024 has increased the value to Rs 4,400 per sq.ft, reflecting a change of +10% from the previous year.

The register has no figures for the years 2002, 2003, and 2017 for this street. Overall, the guideline value has increased by +267% from the 2007 figure to the current 2024 figure.

Guideline values in Puliyur

In Puliyur village, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value in this area is Rs 5,800 per sq.ft, which means Dass Puram's 2024 figure is below that median.

• Dass Street: Rs 4,400 per sq.ft (2024)
• Dayalammal Street: Rs 4,400 per sq.ft (2024)
• Deivasigamani 1st Street: Rs 3,800 per sq.ft (2024)
• Deivasigamani 2nd Street: Rs 3,800 per sq.ft (2024)
• Corporation Colony 2nd Street: Rs 7,100 per sq.ft (2024)
• Corporation Colony 1st Street: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Dass Puram

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. 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 details.

Which Sub Registrar Office covers Dass Puram?

The Sub Registrar Office that covers Dass Puram is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Puliyur, as it determines the minimum value at which a property can be registered. It is used to calculate the stamp duty and registration fees that buyers must pay during the property registration process.

When buying or selling property, it is important to be aware of the guideline value as it can significantly impact the overall cost of the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid any issues during registration.

Frequently asked questions

What is the current guideline value for Dass Puram?

The current guideline value for Dass Puram is Rs 4,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 1,200 per sq.ft in 2007 to Rs 4,400 per sq.ft in 2024, marking an overall increase of +267%.

What are the other streets with similar guideline values in Puliyur?

Other streets in Puliyur, such as Dass Street and Dayalammal Street, also have a guideline value of Rs 4,400 per sq.ft. Other streets have varying values, with the lowest at Rs 3,800 per sq.ft.

How is stamp duty calculated for properties in Dass Puram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For a property valued at Rs 44,00,000, the stamp duty would be Rs 3,08,000 at a rate of 7%.

Where can I find the Sub Registrar Office for Dass Puram?

The Kodambakkam Sub Registrar Office covers Dass Puram and is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.