Guideline Value for Dayalan Nagar

Dayalan Nagar guideline value

The current guideline value of Dayalan Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024. This locality is situated in Kunrathour-B village, under the jurisdiction of the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Dayalan Nagar has changed

The guideline value for Dayalan Nagar has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,210 per sq.ft, which is an increase from Rs 1,100 per sq.ft in the 2023 revision. Prior to that, in 2017, the guideline value was Rs 737 per sq.ft. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it saw a further increase of 10%. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, placing Dayalan Nagar's 2024 figure below this median.

• Devi Nagar 1st Street: Rs 2,420 per sq.ft (2024)
• Devi Nagar 2nd Street: Rs 2,420 per sq.ft (2024)
• Devi Nagar 3rd Street: Rs 2,420 per sq.ft (2024)
• Devi Nagar 4th Street: Rs 2,420 per sq.ft (2024)
• Devi Nagar & Extensions: Rs 2,420 per sq.ft (2024)
• Church Street: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Dayalan Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total fees together to Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dayalan Nagar?

The Sub Registrar Office that covers Dayalan Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor in the registration process for property transactions in Kunrathour-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that both buyers and sellers are aware of the official value assigned to the property.

When a property is bought or sold, the guideline value is used to determine the applicable taxes and fees. This helps maintain transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Dayalan Nagar?

The current guideline value of Dayalan Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 737 per sq.ft to Rs 1,210 per sq.ft in 2024, representing an overall increase of 64%.

What was the guideline value in 2023?

The guideline value in 2023 was Rs 1,100 per sq.ft, which increased by 10% to Rs 1,210 per sq.ft in 2024.

Are there any years without a guideline value for Dayalan Nagar?

Yes, the guideline value register has no figures for Dayalan Nagar for the years 2002, 2003, 2007, and 2012.

What is the registration office for Dayalan Nagar?

The registration office for Dayalan Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.