Guideline Value for Dalmia Nagar

Dalmia Nagar guideline value

The current guideline value for Dalmia Nagar is Rs 350 per sq.ft, effective from 1 July 2024. This area is located in Nattarasampattu village under the Gooduvancheri SRO, classified as Residential Special Type - I.

How the guideline value of Dalmia Nagar has changed

The guideline value for Dalmia Nagar has undergone several revisions over the years. In 2007, the value was Rs 30 per sq.ft, which increased significantly to Rs 350 per sq.ft in 2012. However, it then decreased to Rs 234 per sq.ft in 2017. The most recent revisions in 2023 and 2024 both maintain the guideline value at Rs 350 per sq.ft, indicating no change between these two years. The register has no figure for this street for the years 2002 and 2003.

From 2017 to 2023, there was an increase of 50%. The jump from 2007 to 2012 marked an increase of 1067%. Overall, from 2007 to 2024, the guideline value has increased by 1067%.

Guideline values in Nattarasampattu

Nattarasampattu village has 24 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 250 to Rs 700 per sq.ft. The median value is Rs 350 per sq.ft, which matches the current guideline value for Dalmia Nagar.

• Dhanalakshmi Nagar: Rs 250 per sq.ft (2024)
• Balaji Avenue Phase I & II: Rs 350 per sq.ft (2024)
• Balaji Avenue: Rs 350 per sq.ft (2024)
• Golden Rain Avenue: Rs 500 per sq.ft (2024)
• Golden Rain Avenue Phase (I-VIII): Rs 500 per sq.ft (2024)
• Golden Rain Avenue Phase-IX: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Dalmia Nagar

For a 1,000 sq.ft plot at the current rate of Rs 350 per sq.ft, the guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, totaling Rs 31,500. 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 more information.

Which Sub Registrar Office covers Dalmia Nagar?

The Sub Registrar Office that covers Dalmia Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an important factor when registering property in Nattarasampattu. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the fair value of the property based on its location and type. It is essential for both buyers and sellers to understand the guideline value to ensure compliance with legal requirements during the transaction.

Frequently asked questions

What is the current guideline value of Dalmia Nagar?

The current guideline value of Dalmia Nagar is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 30 per sq.ft in 2007 to Rs 350 per sq.ft in 2012, then decreased to Rs 234 per sq.ft in 2017, and has remained at Rs 350 per sq.ft in 2023 and 2024.

What are the other streets in Nattarasampattu with their guideline values?

Other streets in Nattarasampattu have varying guideline values, ranging from Rs 250 to Rs 500 per sq.ft, with Dhanalakshmi Nagar at Rs 250 per sq.ft and Golden Rain Avenue at Rs 500 per sq.ft.

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

For a property valued at Rs 3,50,000, the stamp duty would be Rs 24,500 and the registration fee would be Rs 7,000, totaling Rs 31,500.

Where is the Sub Registrar Office for Dalmia Nagar located?

The Sub Registrar Office covering Dalmia Nagar is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.