Guideline Value for DHINESH AVENUE

Dhinesh Avenue guideline value

The current guideline value of Dhinesh Avenue, located in Atanancheri village under the Gooduvancheri SRO, is Rs 500 per sq.ft, effective from 1 July 2024. This property falls under the Residential Class I Type - I land classification.

How the guideline value of Dhinesh Avenue has changed

The guideline value for Dhinesh Avenue has seen a significant change since the 2017 revision when it was set at Rs 335 per sq.ft. The value remained unchanged at Rs 500 per sq.ft in the 2023 revision and continues at the same rate in the 2024 revision, reflecting a 49% increase from the 2017 figure.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The stability in the guideline value from 2023 to 2024 indicates no change, maintaining the Rs 500 per sq.ft rate.

Guideline values in Atanancheri

In Atanancheri, there are 83 streets under the Gooduvancheri SRO, with 2024 guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, positioning Dhinesh Avenue's 2024 figure below this median.

• Dhorupathi Amman Nagar: Rs 700 per sq.ft (2024)
• Dr.Jayasingh Nagar-I,II: Rs 700 per sq.ft (2024)
• Deivanai Nagar: Rs 600 per sq.ft (2024)
• Durga Nagar Part - I: Rs 1,050 per sq.ft (2024)
• Durga Nagar Part - II: Rs 1,050 per sq.ft (2024)
• Chitra Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Dhinesh Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dhinesh Avenue?

The Sub Registrar Office covering Dhinesh Avenue is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial aspect when buying or selling property in Atanancheri, as it determines the minimum value at which the property can be registered. This value is used to calculate the stamp duty and registration fees applicable during the transaction.

When a buyer approaches the registration office, they must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that all property transactions are conducted at a fair value as per the government regulations.

Frequently asked questions

What is the current guideline value of Dhinesh Avenue?

The current guideline value of Dhinesh Avenue is Rs 500 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 49%, rising from Rs 335 per sq.ft to Rs 500 per sq.ft in 2024.

What are the stamp duty rates for properties in Dhinesh Avenue?

The stamp duty for properties in Dhinesh Avenue is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Gooduvancheri Sub Registrar Office?

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

What is the median guideline value for streets in Atanancheri?

The median guideline value for streets in Atanancheri is Rs 700 per sq.ft, with Dhinesh Avenue's value being below this median at Rs 500 per sq.ft.