Guideline Value for DUGAR PROPERTIES

Dugar Properties guideline value

The current guideline value of Dugar Properties in Kanakapattu village is Rs 2,205 per sq.ft, effective from 1 July 2024. This property falls under the Thiruporur SRO and is classified as Commercial Class I Type - I.

How the guideline value of Dugar Properties has changed

The guideline value for Dugar Properties has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 2,205 per sq.ft, which is an increase from Rs 2,000 per sq.ft in the 2023 revision, reflecting a change of +10%. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to the 2023 revision, the guideline value for Dugar Properties was Rs 2,000 per sq.ft. The changes in the guideline value indicate a steady adjustment, with the 2024 figure aligning with the median value of Rs 2,205 per sq.ft for the 15 streets in Kanakapattu under the Thiruporur SRO.

Guideline values in Kanakapattu

In Kanakapattu, the guideline values for various streets range from Rs 665 to Rs 3,225 per sq.ft, with the median being Rs 2,205 per sq.ft. Dugar Properties' 2024 figure of Rs 2,205 per sq.ft is equal to this median value.

• Harini City: Rs 1,320 per sq.ft (2024)
• Ram Nagar: Rs 2,200 per sq.ft (2024)
• Serene Hub: Rs 1,815 per sq.ft (2024)
• Sri Vinayaga Nagar: Rs 665 per sq.ft (2024)
• White Pearls City: Rs 2,709 per sq.ft (2024)
• A.D. Viswanath Avenue: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Dugar Properties

For a 1,000 sq.ft plot at the current guideline value of Rs 2,205 per sq.ft, the total guideline value would be Rs 22,05,000. The stamp duty at 7% would amount to Rs 1,54,350, and the registration fee at 2% would be Rs 44,100, bringing the total cost to Rs 1,98,450. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dugar Properties?

The Dugar Properties are covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kanakapattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is referenced to ensure that the transaction is recorded accurately and that the appropriate taxes are levied. This process helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Dugar Properties?

The current guideline value of Dugar Properties is Rs 2,205 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2023 to Rs 2,205 per sq.ft in 2024, reflecting a +10% increase. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Dugar Properties?

Dugar Properties is classified as Commercial Class I Type - I, which indicates its intended use for commercial purposes.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Dugar Properties?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total stamp duty of Rs 1,54,350.