Guideline Value for Dell city

Dell city guideline value

The current guideline value for Dell city, located in Kandamangalam village, under the Sriperumpudur SRO, is Rs 510 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Special Type - I.

How the guideline value of Dell city has changed

The guideline value for Dell city has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was then reduced to Rs 335 per sq.ft in the 2017 revision. Following this, the value increased to Rs 500 per sq.ft in the 2023 revision, and currently stands at Rs 510 per sq.ft as of the 2024 revision, marking a 2% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 2%. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Kandamangalam

Kandamangalam village has a range of guideline values across its streets, with the current 2024 figures varying from Rs 100 to Rs 510 per sq.ft. The median guideline value in this village is Rs 200 per sq.ft, placing Dell city's 2024 figure above that median.

• Bajanai Koil Street: Rs 200 per sq.ft (2024)
• Bajanai Koil 4th Street: Rs 200 per sq.ft (2024)
• Bajanai Koil 3rd Street: Rs 200 per sq.ft (2024)
• Bajanai Koil 2nd Street: Rs 200 per sq.ft (2024)
• Bajanai Koil 1st Street: Rs 200 per sq.ft (2024)
• Habeeb Avenue: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Dell city

For a 1,000 sq.ft plot at the current guideline value of Rs 510 per sq.ft, the total guideline value would be Rs 5,10,000. The stamp duty at 7% would amount to Rs 35,700, and the registration fee at 2% would be Rs 10,200, together totaling Rs 45,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dell city?

The Sub Registrar Office that covers Dell city 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 Kandamangalam

The guideline value plays a crucial role in the registration process of property transactions in Kandamangalam. It is used as a benchmark to determine the minimum value at which a property can be registered, ensuring that all transactions are recorded accurately for taxation purposes.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of ownership. It is important for buyers and sellers to be aware of the current guideline value to ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Dell city?

The current guideline value of Dell city is Rs 510 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 500 per sq.ft in 2023, and finally to Rs 510 per sq.ft in 2024.

What is the median guideline value in Kandamangalam?

The median guideline value in Kandamangalam is Rs 200 per sq.ft, with Dell city's current value being above this median.

What are the stamp duty rates for property in Dell city?

The stamp duty for property in Dell city is charged at a rate of 7% on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Dell city?

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