Guideline Value for DG NAGAR

Dg Nagar guideline value

The current guideline value of Dg Nagar, located in Anupampattu village under the Ponneri SRO, is Rs 400 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class I Type - I land classification.

How the guideline value of Dg Nagar has changed

The guideline value for Dg Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 400 per sq.ft, which reflects an increase from the 2023 revision of Rs 350 per sq.ft, marking a change of +14%. Prior to 2023, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

In summary, the guideline values have increased from Rs 350 per sq.ft in 2023 to Rs 400 per sq.ft in 2024. The values for the earlier years mentioned are not specified in the register.

Guideline values in Anupampattu

Anupampattu village has a total of 42 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 500 per sq.ft. The median value for these streets is Rs 300 per sq.ft, placing Dg Nagar's 2024 figure above that median.

• Durai Swami Nagar: Rs 300 per sq.ft (2024)
• Golden City Ext: Rs 300 per sq.ft (2024)
• Golden City Nagar: Rs 300 per sq.ft (2024)
• Gresh Avenue: Rs 300 per sq.ft (2024)
• Balaji Nagar: Rs 300 per sq.ft (2024)
• Arul Oli Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Dg Nagar

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dg Nagar?

The Sub Registrar Office that covers Dg Nagar is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Anupampattu. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted transparently.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are mandatory for completing the transaction legally. This ensures that both the buyer and seller are aware of the financial implications of the sale.

Frequently asked questions

What is the current guideline value of Dg Nagar?

The current guideline value of Dg Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed recently?

The guideline value changed from Rs 350 per sq.ft in 2023 to Rs 400 per sq.ft in 2024, representing an increase of +14%.

What is the land classification for Dg Nagar?

Dg Nagar falls under the Residential Class I Type - I land classification.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.

How is the stamp duty calculated for property in Dg Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 400 per sq.ft results in a guideline value of Rs 4,00,000, leading to a stamp duty of Rs 28,000.