Guideline Value for Darga Santhu

Darga Santhu guideline value

The current guideline value of Darga Santhu is Rs 5,500 per sq.ft, effective from 1 July 2024. This street is located in the 2nd Division village under the Kanchipuram Joint IV SRO, classified as Commercial Class I Type - II.

How the guideline value of Darga Santhu has changed

The guideline value of Darga Santhu has undergone several revisions over the years. The 2012 revision set the value at Rs 5,000 per sq.ft, which then decreased to Rs 3,350 per sq.ft in the 2017 revision. Following this, the guideline value increased significantly to Rs 5,000 per sq.ft in the 2023 revision, and further rose to Rs 5,500 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in 2nd Division

In the 2nd Division, there are 101 streets under the Kanchipuram Joint IV SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 11,000 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of Darga Santhu is above this median.

• Daivasigamani Street: Rs 3,850 per sq.ft (2024)
• Desichettypalayam Street: Rs 1,100 per sq.ft (2024)
• Dr Ambethkar Nagar: Rs 880 per sq.ft (2024)
• Chairman A.K.Thangavel Street: Rs 880 per sq.ft (2024)
• Bus Stand: Rs 5,500 per sq.ft (2024)
• Ennaikara Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Darga Santhu

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 55,00,000. The stamp duty at 7% would be Rs 3,85,000, and the registration fee at 2% would be Rs 1,10,000, totaling Rs 4,95,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Darga Santhu?

The Darga Santhu area is covered by the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 2nd Division

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

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives appropriate revenue based on the property's value.

Frequently asked questions

What is the current guideline value of Darga Santhu?

The current guideline value of Darga Santhu is Rs 5,500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 5,000 per sq.ft in 2012 to Rs 3,350 per sq.ft in 2017, then increased to Rs 5,000 per sq.ft in 2023, and finally to Rs 5,500 per sq.ft in 2024.

What is the land classification of Darga Santhu?

Darga Santhu is classified as Commercial Class I Type - II under the Kanchipuram Joint IV SRO.

What are the stamp duty and registration fees for property in Darga Santhu?

The stamp duty is 7% and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total fees would be Rs 4,95,000.

Where can I find the Sub Registrar Office for Darga Santhu?

The Sub Registrar Office covering Darga Santhu is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.