Guideline Value for DHARMARAJA KOVIL CROSS ST

Dharmaraja Kovil Cross St guideline value

The current guideline value of Dharmaraja Kovil Cross St is Rs 750 per sq.ft, effective from 1 July 2024. This street is located in Walajabad village, under the Walajabad SRO, and is classified as Residential Class IV Type - I.

How the guideline value of Dharmaraja Kovil Cross St has changed

The guideline value for Dharmaraja Kovil Cross St has seen several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 502 per sq.ft. However, from 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 750 per sq.ft. The 2024 revision has maintained this value, showing no change from the previous year.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from the 2012 revision to the 2024 revision, the guideline value has remained constant at Rs 750 per sq.ft.

Guideline values in Walajabad

In Walajabad, there are 196 streets under the Walajabad SRO that carry a 2024 guideline value ranging from Rs 400 to Rs 2,000 per sq.ft, with a median value of Rs 750 per sq.ft. The guideline value for Dharmaraja Kovil Cross St is equal to this median.

• Dharmaraja Kovil Street: Rs 750 per sq.ft (2024)
• Dhasappa Ubedhar Street: Rs 750 per sq.ft (2024)
• Dhanalakshmi Nagar Extension-III: Rs 1,200 per sq.ft (2024)
• Dhanalakshmi Nagar: Rs 750 per sq.ft (2024)
• Dhaksnamoorthy Nagar: Rs 600 per sq.ft (2024)
• Durasamy Naidu St: Rs 750 per sq.ft (2024)

Stamp duty and registration fee for property in Dharmaraja Kovil Cross St

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value amounts to Rs 7,50,000. The stamp duty at 7% would be Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total cost Rs 67,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dharmaraja Kovil Cross St?

The Dharmaraja Kovil Cross St is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Walajabad. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable duties, ensuring that the fees reflect the official value of the property. This process helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value of Dharmaraja Kovil Cross St?

The current guideline value of Dharmaraja Kovil Cross St is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 750 per sq.ft since the 2012 revision, decreased to Rs 502 per sq.ft in 2017, and then returned to Rs 750 per sq.ft in 2023. The 2024 revision has maintained this value.

What is the land classification for Dharmaraja Kovil Cross St?

Dharmaraja Kovil Cross St is classified as Residential Class IV Type - I.

Which Sub Registrar Office covers this street?

The Walajabad Sub Registrar Office covers Dharmaraja Kovil Cross St, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.

What is the stamp duty for a property in Dharmaraja Kovil Cross St?

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500 at 7%, and the registration fee would be Rs 15,000 at 2%, totaling Rs 67,500.