Guideline Value for Dawn Villas

Dawn Villas guideline value

The current guideline value of Dawn Villas is Rs 1,000 per sq.ft. It is located in Ponmar village, under the Gooduvancheri SRO, and the land classification is Residential Special Type - II.

How the guideline value of Dawn Villas has changed

The guideline value for Dawn Villas has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 1,000 per sq.ft. However, in the 2017 revision, it decreased to Rs 670 per sq.ft, reflecting a drop of 33%. The most recent revision in 2023 saw the guideline value rise to Rs 1,000 per sq.ft again, marking an increase of 49% from the 2017 figure.

Overall, comparing the figures from 2012 to 2023, there has been no change in the guideline value, remaining at Rs 1,000 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Ponmar

Currently, there are no specific village figures available for Ponmar. The guideline value of Dawn Villas is Rs 1,000 per sq.ft. Unfortunately, there are no other streets in Ponmar under the Gooduvancheri SRO listed.

Stamp duty and registration fee for property in Dawn Villas

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total to Rs 90,000. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dawn Villas?

The Gooduvancheri Sub Registrar Office covers Dawn Villas. The address is Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Ponmar. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When a property is registered, the guideline value is compared to the sale price, and the higher value is used to determine the applicable duties. This ensures that all transactions are fairly assessed based on the established guideline values.

Frequently asked questions

What is the current guideline value of Dawn Villas?

The current guideline value of Dawn Villas is Rs 1,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

Since the 2012 revision, the guideline value has remained at Rs 1,000 per sq.ft, but it dropped to Rs 670 per sq.ft in 2017 before rising back to Rs 1,000 per sq.ft in 2023.

What is the land classification of Dawn Villas?

Dawn Villas is classified as Residential Special Type - II, which indicates its intended use for residential purposes.

Where is the Gooduvancheri Sub Registrar Office located?

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

How is stamp duty calculated for properties in Dawn Villas?

Stamp duty for properties in Dawn Villas is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value results in a total stamp duty and registration fee of Rs 90,000.