Guideline Value for DHARSAN RESIDENCY

Dharsan Residency guideline value

The current guideline value of Dharsan Residency in Melakottyur village, under the Gooduvancheri SRO, is Rs 1,500 per sq.ft. The land classification for this area is Commercial Class I Type - I.

How the guideline value of Dharsan Residency has changed

In the 2017 revision, the guideline value was set at Rs 1,500 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded a guideline value of Rs 1,500 per sq.ft, indicating a 0% change between these two revisions.

For the years 2002, 2003, 2007, 2012, and 2024, the register has no figure for this street. Therefore, no guideline values are available for these years.

Guideline values in Melakottyur

Currently, there are no specific village figures available for Melakottyur. Dharsan Residency is part of the Gooduvancheri SRO, and there are no other streets in Melakottyur listed under this SRO.

Stamp duty and registration fee for property in Dharsan Residency

For a 1,000 sq.ft plot at the current rate of Rs 1,500 per sq.ft, the guideline value would be Rs 15,00,000. The stamp duty at 7% would be Rs 1,05,000, and the registration fee at 2% would be Rs 30,000, bringing the total to Rs 1,35,000. 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 Dharsan Residency?

The Gooduvancheri Sub Registrar Office covers Dharsan Residency. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Melakottyur. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When a property is bought or sold, the guideline value helps determine the official value of the property for registration purposes. Buyers and sellers must be aware of this value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Dharsan Residency?

The current guideline value of Dharsan Residency is Rs 1,500 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 1,500 per sq.ft from the 2017 revision to the 2023 revision, showing no change between these years.

Are there any guideline values for the years 2002, 2003, 2007, 2012, and 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Dharsan Residency.

What is the stamp duty rate for property in Dharsan Residency?

The stamp duty rate for property in Dharsan Residency is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Dharsan Residency located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone.