Guideline Value for DEENADAYALAN NAGAR 7TH STREET

Deenadayalan Nagar 7th Street guideline value

The current guideline value of Deenadayalan Nagar 7th Street is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO. The land classification is Residential Class II Type - I.

How the guideline value of Deenadayalan Nagar 7th Street has changed

The guideline value for Deenadayalan Nagar 7th Street has undergone several revisions over the years. The 2012 revision set the value at Rs 900 per sq.ft, which then decreased to Rs 603 per sq.ft in the 2017 revision. Following this, the 2023 revision saw an increase to Rs 900 per sq.ft, and the most recent revision in 2024 has raised it further to Rs 988 per sq.ft, marking a 10% increase from the previous year.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased significantly by 49%. Overall, comparing the 2012 and 2024 revisions, there has been a 10% increase. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Thandurai

In Thandurai, there are 331 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,640 per sq.ft. The median value is Rs 988 per sq.ft, which is equal to the current guideline value of Deenadayalan Nagar 7th Street.

• Deenadayalan Nagar 6th Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 5th Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 4th Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 3rd Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 2nd Street: Rs 988 per sq.ft (2024)
• Deenadayalan Nagar 1st Street: Rs 988 per sq.ft (2024)

Stamp duty and registration fee for property in Deenadayalan Nagar 7th Street

For a 1,000 sq.ft plot at the current rate of Rs 988 per sq.ft, the guideline value amounts to Rs 9,88,000. The stamp duty at 7% would be Rs 69,160, and the registration fee at 2% would be Rs 19,760, totaling Rs 88,920. It is important to note that the 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 Deenadayalan Nagar 7th Street?

The Sub Registrar Office that covers Deenadayalan Nagar 7th Street is 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 Thandurai

The guideline value is a critical factor during the registration of property transactions in Thandurai. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value serves as a benchmark for both buyers and sellers. It helps in assessing the fair value of the property and ensures transparency in the transaction process.

Frequently asked questions

What is the current guideline value of Deenadayalan Nagar 7th Street?

The current guideline value of Deenadayalan Nagar 7th Street is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Deenadayalan Nagar 7th Street?

The land classification for Deenadayalan Nagar 7th Street is Residential Class II Type - I.

Where is the Sub Registrar Office for Deenadayalan Nagar 7th Street located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Deenadayalan Nagar 7th Street?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 9,88,000, the stamp duty would amount to Rs 69,160.