Guideline Value for DJN NAGAR

Djn Nagar guideline value

The current guideline value for Djn Nagar is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Orakkapettai village under the Chengleput Joint II SRO, and the land classification is Mixed Type - I.

How the guideline value of Djn Nagar has changed

Since the 2017 revision, the guideline value for Djn Nagar has remained constant at Rs 600 per sq.ft. The revisions for 2023 and 2024 also show the same rate of Rs 600 per sq.ft, indicating no changes during these years. The register has no figures for the years 2012, 2007, 2003, and 2002 for this street.

Overall, from the 2017 revision to the 2024 revision, there has been a 0% change in the guideline value. The consistency in the guideline value across these years suggests stability in the pricing for this area.

Guideline values in Orakkapettai

Currently, there are no specific village figures available for Orakkapettai. Djn Nagar is one of the streets under the Chengleput Joint II SRO.

Stamp duty and registration fee for property in Djn Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, totaling Rs 54,000. 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 Djn Nagar?

The Chengleput Joint II Sub Registrar Office covers Djn Nagar, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, 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 Orakkapettai

The guideline value is a critical factor in property transactions in Orakkapettai, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with registration norms.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Djn Nagar?

The current guideline value of Djn Nagar is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Djn Nagar has remained unchanged at Rs 600 per sq.ft since the 2017 revision through to the 2024 revision.

What is the land classification for Djn Nagar?

The land classification for Djn Nagar is Mixed Type - I, which indicates the type of usage permitted for the land in this area.

Where is the Chengleput Joint II Sub Registrar Office located?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 54,000.