Guideline Value for DSS Avenue

DSS Avenue guideline value

The current guideline value of DSS Avenue in Malliyankaranai village is Rs 450 per sq.ft, effective from 1 July 2024. This property falls under the Uthiramerur SRO and is classified as Residential Class III Type - III.

How the guideline value of DSS Avenue has changed

The guideline value for DSS Avenue has remained consistent at Rs 450 per sq.ft since the 2023 revision, which also recorded the same figure. Prior revisions from 2017, 2012, 2007, 2003, and 2002 have no figures listed for this street in the register.

From the 2023 to the 2024 revision, there was no change in the guideline value, maintaining a steady rate of Rs 450 per sq.ft. This stability indicates that the value has not fluctuated in the recent revisions.

Guideline values in Malliyankaranai

In Malliyankaranai, there are 42 streets under the Uthiramerur SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 603 per sq.ft, with a median value of Rs 401 per sq.ft. DSS Avenue's 2024 guideline value is above this median.

• DSR Avenue: Rs 450 per sq.ft (2024)
• Durai Raj Nagar: Rs 603 per sq.ft (2024)
• Gandhi Nagar: Rs 250 per sq.ft (2024)
• Chettipettai: Rs 200 per sq.ft (2024)
• Chellammal Nagar: Rs 401 per sq.ft (2024)
• Balaji Nagar: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in DSS Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 450 per sq.ft, the total guideline value would be Rs 4,50,000. The stamp duty at 7% would amount to Rs 31,500, and the registration fee at 2% would be Rs 9,000, totaling Rs 40,500. 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 DSS Avenue?

The Sub Registrar Office that covers DSS Avenue is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Malliyankaranai. It determines the stamp duty and registration fees that must be paid, ensuring that all transactions are conducted at a value recognized by the government.

When a property is sold, the guideline value serves as a benchmark to assess the transaction's legitimacy. Buyers and sellers must be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of DSS Avenue?

The current guideline value of DSS Avenue is Rs 450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for DSS Avenue has remained at Rs 450 per sq.ft since the 2023 revision. There are no figures available for the revisions from 2017, 2012, 2007, 2003, and 2002.

What is the land classification for DSS Avenue?

DSS Avenue is classified as Residential Class III Type - III, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for property in DSS Avenue?

For a property valued at Rs 4,50,000, the stamp duty would be Rs 31,500, and the registration fee would be Rs 9,000, totaling Rs 40,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Uthiramerur Sub Registrar Office located?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.