Guideline Value for Deepalaxmi Nagar

Deepalaxmi Nagar guideline value

The current guideline value of Deepalaxmi Nagar is Rs 400 per sq.ft, effective from 1 July 2024. This locality is situated in Vallam_B village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Deepalaxmi Nagar has changed

According to the guideline value register, there are no figures for Deepalaxmi Nagar in the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also recorded a guideline value of Rs 400 per sq.ft, which remained unchanged in the 2024 revision.

From 2023 to 2024, the guideline value experienced a change of +0%. Thus, the current figure of Rs 400 per sq.ft has been consistent over the last two revisions.

Guideline values in Vallam_B

In Vallam_B, there are 73 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,950 per sq.ft, with a median value of Rs 400 per sq.ft. Deepalaxmi Nagar's 2024 figure aligns perfectly with this median.

• Dream Park Greenland: Rs 400 per sq.ft (2024)
• D.R.R.Nagar: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 1st Street: Rs 200 per sq.ft (2024)
• D.R.R.Nagar 2nd Street: Rs 200 per sq.ft (2024)
• Chandran Nagar: Rs 600 per sq.ft (2024)
• D.R.R.Nagar 3rd Street: Rs 200 per sq.ft (2024)

Stamp duty and registration fee for property in Deepalaxmi Nagar

For a 1,000 sq.ft plot at the current rate of Rs 400 per sq.ft, the guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, totaling Rs 36,000. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Deepalaxmi Nagar?

The Sub Registrar Office that covers Deepalaxmi Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vallam_B. It helps determine the stamp duty and registration fees that are applicable during the transaction.

When a property is registered, the guideline value is considered to ensure that the fees are calculated accurately. This value serves as a benchmark for the financial aspects of property transactions in the area.

Frequently asked questions

What is the current guideline value of Deepalaxmi Nagar?

The current guideline value of Deepalaxmi Nagar is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Deepalaxmi Nagar from 2023 to 2024, remaining at Rs 400 per sq.ft. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Deepalaxmi Nagar?

Deepalaxmi Nagar is classified as Residential Class I Type - I, indicating its designation for residential use within the area.

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

The Sub Registrar Office for Deepalaxmi Nagar is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Deepalaxmi Nagar?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property with a guideline value of Rs 4,00,000, the stamp duty would be Rs 28,000 at a rate of 7%.