Guideline Value for DR.D.G.S.DINAKARAN SALAI

Dr.D.G.S.Dinakaran Salai guideline value

The current guideline value of Dr.D.G.S.Dinakaran Salai is Rs 17,600 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village, under the Mylapore SRO, and is classified as Residential Special Type - III.

How the guideline value of Dr.D.G.S.Dinakaran Salai has changed

In the 2012 revision, the guideline value was Rs 16,000 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 16,000 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 17,600 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. It is important to note that there are no figures recorded for the years 2002, 2003, 2007, and 2017 for Dr.D.G.S.Dinakaran Salai.

Guideline values in Mylapore

In Mylapore village, there are 883 streets under the Mylapore SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median guideline value for these streets is Rs 8,800 per sq.ft, placing Dr.D.G.S.Dinakaran Salai's 2024 figure above this median.

• Dr. Besant Road: Rs 13,200 per sq.ft (2024)
• Dr. Natesan Road: Rs 13,200 per sq.ft (2024)
• Dr.Radhakrishnan 1st Street: Rs 16,500 per sq.ft (2024)
• Dr. Radhakrishnan 2nd Street: Rs 16,500 per sq.ft (2024)
• Dr. Radhakrishnan 3rd Street: Rs 16,500 per sq.ft (2024)
• Dr. Radhakrishnan 4th Lane: Rs 25,800 per sq.ft (2024)

Stamp duty and registration fee for property in Dr.D.G.S.Dinakaran Salai

For a 1,000 sq.ft plot at the current rate of Rs 17,600 per sq.ft, the guideline value amounts to Rs 1,76,00,000. The stamp duty at 7% would be Rs 12,32,000, and the registration fee at 2% would be Rs 3,52,000, bringing the total to Rs 15,84,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dr.D.G.S.Dinakaran Salai?

The Sub Registrar Office that covers Dr.D.G.S.Dinakaran Salai is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai - 600018. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Mylapore. It is used to determine the stamp duty and registration fees applicable during the buying or selling process. Buyers and sellers should be aware that these costs are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to reference the latest guideline value to ensure compliance with local regulations. This value is updated periodically, reflecting changes in the real estate landscape and ensuring that property transactions are conducted fairly.

Frequently asked questions

What is the current guideline value of Dr.D.G.S.Dinakaran Salai?

The current guideline value of Dr.D.G.S.Dinakaran Salai is Rs 17,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has increased by 10% to Rs 17,600 per sq.ft in 2024. The value remained unchanged at Rs 16,000 per sq.ft from 2012 to 2023.

What is the land classification for Dr.D.G.S.Dinakaran Salai?

Dr.D.G.S.Dinakaran Salai is classified as Residential Special Type - III under the Mylapore SRO.

What are the stamp duty rates applicable in Mylapore?

The stamp duty rate in Mylapore is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable.

Where can I find the Sub Registrar Office for Dr.D.G.S.Dinakaran Salai?

The Sub Registrar Office for Dr.D.G.S.Dinakaran Salai is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai - 600018.