Guideline Value

Corporate

Guideline Value for DHANALSKHMI NAGAR PHASE II

₹2750/sq.ft.

The guideline value for Dhanalskhmi Nagar Phase Ii in Iyyappanthangal village (Chennai South Joint I SRO, Chennai zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Iyyappanthangal

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Dhanalskhmi Nagar Phase Ii

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Dhanalskhmi Nagar Phase II guideline value

The current guideline value of Dhanalskhmi Nagar Phase II is Rs 2,750 per sq.ft, effective from 1 July 2024. This area is located in Iyyappanthangal village, under the Chennai South Joint I SRO, and is classified as Residential Class I Type - I.

How the guideline value of Dhanalskhmi Nagar Phase II has changed

The guideline value for Dhanalskhmi Nagar Phase II has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 2,500 per sq.ft. This figure decreased to Rs 1,675 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value up to Rs 2,500 per sq.ft. The most recent revision in 2024 saw another increase of 10%, raising the guideline value to Rs 2,750 per sq.ft.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Iyyappanthangal

In Iyyappanthangal, there are 134 streets under the Chennai South Joint I SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 5,610 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, making the guideline value for Dhanalskhmi Nagar Phase II above this median.

Stamp duty and registration fee for property in Dhanalskhmi Nagar Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would amount to Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total cost for these fees to Rs 2,47,500. Please 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 Dhanalskhmi Nagar Phase II?

Dhanalskhmi Nagar Phase II falls under the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Iyyappanthangal. When a property is bought or sold, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction. This ensures that the fees are calculated based on a standardized valuation of the property.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of purchasing or selling property in the area. This value is regularly updated by the Registration Department to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value for Dhanalskhmi Nagar Phase II?

The current guideline value for Dhanalskhmi Nagar Phase II is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 1,675 per sq.ft in 2017, then up to Rs 2,500 per sq.ft in 2023, and finally to Rs 2,750 per sq.ft in 2024.

What is the registration office for Dhanalskhmi Nagar Phase II?

The registration office for Dhanalskhmi Nagar Phase II is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is the stamp duty calculated for properties in Dhanalskhmi Nagar Phase II?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500.

What are the guideline values of other streets in Iyyappanthangal?

Other streets in Iyyappanthangal have varying guideline values, with rates ranging from Rs 1,100 to Rs 5,610 per sq.ft. Dhanalskhmi Nagar Phase II's guideline value is Rs 2,750 per sq.ft, which is above the median value of Rs 2,200 per sq.ft.