Guideline Value for DOCLA PROJECT

Docla Project guideline value

The current guideline value for the Docla Project in Siru Mathoor village is Rs 1,810 per sq.ft, effective from 1 July 2024. This property falls under the Sriperumpudur Sub Registrar Office (SRO) and is classified as Residential Class III Type - III.

How the guideline value of Docla Project has changed

The guideline value for the Docla Project has seen significant changes over the years. The earliest recorded figure was Rs 150 per sq.ft in the 2017 revision. From 2017 to 2023, the value increased dramatically by 1107%, remaining at Rs 1,810 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years.

Prior revisions from 2002, 2003, 2007, and 2012 have no recorded figures for this street. Overall, from 2017 to 2024, the guideline value has increased by 1107%, reflecting a substantial rise over the years.

Guideline values in Siru Mathoor

Siru Mathoor village has 24 streets under the Sriperumpudur SRO, with guideline values ranging from Rs 150 to Rs 2,500 per sq.ft as per the 2024 revision. The median value for these streets is Rs 600 per sq.ft, placing the Docla Project's guideline value above this median.

• C.S.Sai Nagar Padappai: Rs 600 per sq.ft (2024)
• Coconut Forms: Rs 600 per sq.ft (2024)
• Ciril Castal: Rs 2,250 per sq.ft (2024)
• EVP Antiha Nagar: Rs 600 per sq.ft (2024)
• Gandhi Nagar: Rs 250 per sq.ft (2024)
• Bhavani Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Docla Project

For a 1,000 sq.ft plot at the current guideline value of Rs 1,810 per sq.ft, the total guideline value would be Rs 18,10,000. The stamp duty at 7% would amount to Rs 1,26,700, and the registration fee at 2% would be Rs 36,200, totaling Rs 1,62,900. Please note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Docla Project?

The Docla Project is covered by the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during property registration in Siru Mathoor. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate fees based on the value of the property transaction.

Frequently asked questions

What is the current guideline value for the Docla Project?

The current guideline value for the Docla Project is Rs 1,810 per sq.ft, as per the 2024 revision effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 1107%. It has remained stable at Rs 1,810 per sq.ft from 2023 to 2024.

What is the median guideline value for streets in Siru Mathoor?

The median guideline value for the streets in Siru Mathoor is Rs 600 per sq.ft, with the Docla Project's value being above this median.

What are the stamp duty and registration fees for a property in Docla Project?

For a 1,000 sq.ft plot, the total stamp duty would be Rs 1,26,700 and the registration fee would be Rs 36,200, totaling Rs 1,62,900 based on the guideline value.

Which office handles registrations for properties in Siru Mathoor?

The Sriperumpudur Sub Registrar Office handles registrations for properties in Siru Mathoor, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.