Guideline Value for Dei Gratia Associates

Dei Gratia Associates guideline value

The current guideline value for Dei Gratia Associates is Rs 300 per sq.ft, effective from 1 July 2024. This property is located in Navaloor village, under the Sriperumpudur SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Dei Gratia Associates has changed

Looking at the historical revisions, the guideline value for Dei Gratia Associates has seen several changes over the years. In 2007, the guideline value was Rs 135 per sq.ft, which increased significantly to Rs 300 per sq.ft in 2012. However, in the subsequent revision of 2017, the value dropped to Rs 201 per sq.ft. The value remained at Rs 300 per sq.ft in both the 2023 and 2024 revisions, indicating no change between these two years. There are no figures available for the years 2002 and 2003 for this street.

From 2017 to 2023, there was a notable increase of 49%, while the change from 2012 to 2017 saw a decrease of 33%. The jump from 2007 to 2012 was significant at 122%. Overall, from 2007 to 2024, the guideline value has increased by 122%.

Guideline values in Navaloor

In Navaloor, there are 26 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,100 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, placing Dei Gratia Associates at this median value.

• Chinnasamy Nagar: Rs 300 per sq.ft (2024)
• Dr.Chandra City: Rs 450 per sq.ft (2024)
• Brindavan Nagar: Rs 200 per sq.ft (2024)
• Bharathi Nagar: Rs 300 per sq.ft (2024)
• Bajanai Koil Street: Rs 150 per sq.ft (2024)
• Jaisakthi Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Dei Gratia Associates

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dei Gratia Associates?

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

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

The guideline value is a crucial factor in the registration process of property transactions in Navaloor. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on a standardized value rather than fluctuating market prices.

When buying or selling property, the guideline value ensures transparency and consistency in the registration process. Buyers and sellers must be aware of the current guideline value to accurately estimate the costs associated with their transactions.

Frequently asked questions

What is the current guideline value for Dei Gratia Associates?

The current guideline value for Dei Gratia Associates is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 135 per sq.ft in 2007, increasing to Rs 300 per sq.ft in 2012, then decreasing to Rs 201 per sq.ft in 2017, and remaining at Rs 300 per sq.ft in 2023 and 2024.

What are the stamp duty and registration fees for property in Dei Gratia Associates?

For a 1,000 sq.ft plot, the total guideline value is Rs 3,00,000. The stamp duty at 7% amounts to Rs 21,000, and the registration fee at 2% is Rs 6,000, totaling Rs 27,000.

Which Sub Registrar Office covers Dei Gratia Associates?

The Sriperumpudur Sub Registrar Office covers Dei Gratia Associates, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What is the land classification for Dei Gratia Associates?

Dei Gratia Associates falls under the Residential Class I Type - I land classification, indicating its designation for residential use.