Guideline Value for DRA PRISTINE PAVILION

Dra Pristine Pavilion guideline value

The current guideline value of Dra Pristine Pavilion in Anjur village is Rs 400 per sq.ft, effective from the 2024 revision. This property falls under the Chengleput Joint II SRO and is classified as Industries Type - I.

How the guideline value of Dra Pristine Pavilion has changed

The guideline value register shows that there have been no figures for Dra Pristine Pavilion in the revisions from 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 400 per sq.ft, which remained unchanged in the 2024 revision.

Between the 2023 and 2024 revisions, there was no change in the guideline value, maintaining it at Rs 400 per sq.ft. This indicates stability in the guideline value for this property over the last two years.

Guideline values in Anjur

In Anjur, there are 10 streets under the Chengleput Joint II SRO with guideline values ranging from Rs 400 to Rs 2,500 per sq.ft. The median guideline value for these streets is Rs 625 per sq.ft, placing Dra Pristine Pavilion's 2024 figure below this median.

• Kamakshi Avenue: Rs 2,500 per sq.ft (2024)
• K P Green Meadows Phase-I-II-III: Rs 650 per sq.ft (2024)
• Marvel Avenue: Rs 501 per sq.ft (2024)
• Om Sakthi Nagar: Rs 500 per sq.ft (2024)
• Paras Nagar: Rs 500 per sq.ft (2024)
• Uj Garden: Rs 2,000 per sq.ft (2024)

Stamp duty and registration fee for property in Dra Pristine Pavilion

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees together to Rs 36,000. 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 Dra Pristine Pavilion?

The Dra Pristine Pavilion property is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Anjur. It is used to determine the applicable stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the stamp duty. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dra Pristine Pavilion?

The current guideline value of Dra Pristine Pavilion is Rs 400 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft since the 2023 revision, with no changes noted in the previous revisions from 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Dra Pristine Pavilion?

Dra Pristine Pavilion is classified as Industries Type - I, indicating its suitability for industrial purposes.

What are the stamp duty and registration fees for Dra Pristine Pavilion?

For a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 36,000, which includes stamp duty and registration fees based on the guideline value.

Which Sub Registrar Office handles registrations for Dra Pristine Pavilion?

The Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, handles registrations for Dra Pristine Pavilion.