Guideline Value for DEBAR NAGAR 10TH STREET

Debar Nagar 10th Street guideline value

The current guideline value of Debar Nagar 10th Street is Rs 2,200 per sq.ft. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class IV Type - I.

How the guideline value of Debar Nagar 10th Street has changed

The guideline value for Debar Nagar 10th Street has undergone several revisions over the years. In 2007, the guideline value was Rs 500 per sq.ft, which increased significantly to Rs 2,000 per sq.ft in 2012, marking a 300% rise. However, it then decreased to Rs 1,340 per sq.ft in 2017, a decline of 33%. The value rose again to Rs 2,000 per sq.ft in 2023, and most recently, it has increased by 10% to Rs 2,200 per sq.ft in the 2024 revision.

There are no figures available for the revisions in 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 340%.

Guideline values in Perambur

In Perambur, there are a total of 1,114 streets under the Purasaivakkam SRO that carry a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft, with a median value of Rs 2,700 per sq.ft. The guideline value for Debar Nagar 10th Street is below this median.

• Debar Nagar: Rs 2,200 per sq.ft (2024)
• Debar Nagar 11th Street: Rs 2,200 per sq.ft (2024)
• Debar Nagar 1st Street: Rs 2,200 per sq.ft (2024)
• Debar Nagar 2nd Street: Rs 2,200 per sq.ft (2024)
• Debar Nagar 3rd Street: Rs 2,200 per sq.ft (2024)
• Debar Nagar 4th Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Debar Nagar 10th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Debar Nagar 10th Street?

The Sub Registrar Office that covers Debar Nagar 10th Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for additional information.

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

The guideline value is a crucial factor when buying or selling property in Perambur. It is used to determine the stamp duty and registration fees applicable during the registration process. Buyers should be aware that the guideline value may differ from the actual sale price of the property.

When registering a property, the authorities will assess the guideline value to ensure that the correct fees are collected. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Debar Nagar 10th Street?

The current guideline value of Debar Nagar 10th Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, increasing from Rs 500 per sq.ft in 2007 to Rs 2,200 per sq.ft in 2024, which is an overall increase of 340%.

What is the median guideline value in Perambur?

The median guideline value in Perambur is Rs 2,700 per sq.ft, while Debar Nagar 10th Street's 2024 figure is below this median.

What are the stamp duty and registration fees for a property in Debar Nagar 10th Street?

For a 1,000 sq.ft plot, the total guideline value is Rs 22,00,000, resulting in a stamp duty of Rs 1,54,000 and a registration fee of Rs 44,000, totaling Rs 1,98,000.

Which office handles registrations for Debar Nagar 10th Street?

The Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012, handles registrations for Debar Nagar 10th Street.