Guideline Value for DHANASEKARAN STREET

Dhanasekaran Street guideline value

The current guideline value of Dhanasekaran Street in Puliyur village, under the Kodambakkam SRO, is Rs 6,300 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - III.

How the guideline value of Dhanasekaran Street has changed

The guideline value for Dhanasekaran Street has undergone several revisions over the years. Starting from the 2002 revision, the value was Rs 795 per sq.ft. It increased to Rs 873 per sq.ft in 2003, marking a 10% rise. The value then saw a significant jump to Rs 1,500 per sq.ft in 2007, which was a 72% increase. In 2012, the value rose further to Rs 5,800 per sq.ft, representing a remarkable 287% increase. However, from 2012 to 2017, the value decreased to Rs 3,886 per sq.ft, reflecting a 33% drop. The most recent revision in 2024 has set the value to Rs 6,300 per sq.ft, which is a 62% increase from the 2017 figure.

It is important to note that the register has no figure for Dhanasekaran Street for the year 2023.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median value for these streets is Rs 5,800 per sq.ft, placing Dhanasekaran Street's 2024 figure above that median.

• Dhanasekaran 1st Cross Street: Rs 5,800 per sq.ft (2024)
• Dhanakotiammal Street: Rs 7,100 per sq.ft (2024)
• Dhayalu Nagar 1st Street: Rs 4,400 per sq.ft (2024)
• Dhayalu Nagar 2nd Street: Rs 4,400 per sq.ft (2024)
• Dhayalu Nagar 3rd Street: Rs 4,400 per sq.ft (2024)
• Dhayalu Nagar Main Road: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanasekaran Street

For a 1,000 sq.ft plot at the current guideline value of Rs 6,300 per sq.ft, the total guideline value would be Rs 63,00,000. The stamp duty at 7% would amount to Rs 4,41,000, and the registration fee at 2% would be Rs 1,26,000, bringing the total to Rs 5,67,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dhanasekaran Street?

Dhanasekaran Street falls under the jurisdiction of 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 during the registration process of property transactions in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Dhanasekaran Street?

The current guideline value of Dhanasekaran Street is Rs 6,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has seen several revisions, with the most notable increase from Rs 3,886 per sq.ft in 2017 to Rs 6,300 per sq.ft in 2024, which is a 62% increase.

What is the land classification of Dhanasekaran Street?

Dhanasekaran Street is classified as Residential Special Type - III, indicating its suitability for residential purposes.

Where can I find the Sub Registrar Office for Dhanasekaran Street?

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

How is the stamp duty calculated for properties in Puliyur?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 63,00,000, the stamp duty would be Rs 4,41,000 at a rate of 7%.