Guideline Value for DUNLOP NAGAR

Dunlop Nagar guideline value

The current guideline value for Dunlop Nagar is Rs 700 per sq.ft. This area is part of 192/87veppampattu village and falls under the Tiruvallur Joint 1 SRO. The land classification is Residential Class I Type - III.

How the guideline value of Dunlop Nagar has changed

The guideline value for Dunlop Nagar has undergone several revisions over the years. In the 2012 revision, the value was set at Rs 700 per sq.ft. However, it decreased to Rs 469 per sq.ft in the 2017 revision, marking a decline of 33%. The most recent revision in 2023 saw a significant increase to Rs 700 per sq.ft, reflecting a rise of 49% from 2017.

Overall, from 2012 to 2023, the guideline value has remained unchanged at Rs 700 per sq.ft. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in 192/87veppampattu

Currently, there are no specific village figures available for 192/87veppampattu. This street does not have any other streets listed under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Dunlop Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000, bringing the total fees to Rs 63,000. It is essential to 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 further calculations.

Which Sub Registrar Office covers Dunlop Nagar?

The Sub Registrar Office that covers Dunlop Nagar is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 192/87veppampattu

The guideline value plays a crucial role during the registration process when buying or selling property in 192/87veppampattu. It serves as a benchmark for determining the stamp duty and registration fees applicable on the transaction.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government receives the correct amount of revenue based on the property's value.

Frequently asked questions

What is the current guideline value for Dunlop Nagar?

The current guideline value for Dunlop Nagar is Rs 700 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased by 33%. However, it increased by 49% from 2017 to 2023, resulting in an overall change of 0% from 2012 to 2023.

Where can I find the Sub Registrar Office for Dunlop Nagar?

The Tiruvallur Joint 1 Sub Registrar Office covers Dunlop Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001.

What are the stamp duty and registration fees for a property in Dunlop Nagar?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling Rs 63,000. These fees are based on the guideline value or the sale price, whichever is higher.

Are there any other streets in 192/87veppampattu?

Currently, there are no other streets listed under the Tiruvallur Joint 1 SRO for 192/87veppampattu.