Guideline Value for Dhadhan Kuppam Puducherry

Dhadhan Kuppam Puducherry guideline value

The current guideline value for Dhadhan Kuppam Puducherry is Rs 3,800 per sq.ft, effective from 1 July 2024. This area falls under Konnur village and is classified as Residential Class II Type - I.

How the guideline value of Dhadhan Kuppam Puducherry has changed

The guideline value for Dhadhan Kuppam Puducherry has undergone several revisions over the years. In 2002, the value was Rs 151 per sq.ft, which increased to Rs 164 per sq.ft in 2003. The value saw a significant rise to Rs 500 per sq.ft in 2007, followed by a further increase to Rs 3,500 per sq.ft in 2012. However, it dropped to Rs 2,345 per sq.ft in 2017, before rising to Rs 3,500 per sq.ft in 2023, and finally reaching Rs 3,800 per sq.ft in 2024.

Between the revisions, the changes were notable. From 2002 to 2003, the increase was +9%. The value surged by +205% from 2003 to 2007, followed by a remarkable +600% from 2007 to 2012. The value then declined by -33% from 2012 to 2017, but increased by +49% from 2017 to 2023, and finally rose by +9% from 2023 to 2024. Overall, from 2002 to 2024, the guideline value has increased by +2417%.

Guideline values in Konnur

Konnur village has a total of 249 streets under the Konnur SRO, with the 2024 guideline values ranging from Rs 2,750 to Rs 7,100 per sq.ft. The guideline value for Dhadhan Kuppam Puducham is equal to the median value of Rs 3,800 per sq.ft.

• Dhamodhara Perumal Colony: Rs 3,800 per sq.ft (2024)
• Devar Street and Extension: Rs 5,500 per sq.ft (2024)
• Dhasan Street: Rs 2,750 per sq.ft (2024)
• Dhenadhayalan Street: Rs 3,800 per sq.ft (2024)
• Damodarapurumal Colony 1 to 5th Street and Cross Street: Rs 3,800 per sq.ft (2024)
• Damodaran Lane & Street: Rs 5,500 per sq.ft (2024)

Stamp duty and registration fee for property in Dhadhan Kuppam Puducherry

For a 1,000 sq.ft plot at the current rate of Rs 3,800 per sq.ft, the guideline value amounts to Rs 38,00,000. The stamp duty at 7% would be Rs 2,66,000, and the registration fee at 2% would be Rs 76,000, making the total Rs 3,42,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dhadhan Kuppam Puducham?

The Sub Registrar Office covering Dhadhan Kuppam Puducham is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Konnur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value aids in establishing a fair transaction price. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value for Dhadhan Kuppam Puducham?

The current guideline value for Dhadhan Kuppam Puducham is Rs 3,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 151 per sq.ft in 2002 to Rs 3,800 per sq.ft in 2024, with various revisions occurring in between.

What are the other streets in Konnur with their guideline values?

Other streets in Konnur include Dhamodhara Perumal Colony, Devar Street and Extension, Dhasan Street, Dhenadhayalan Street, and Damodarapurumal Colony 1 to 5th Street and Cross Street, each with varying guideline values.

How is the stamp duty calculated for properties in Dhadhan Kuppam Puducham?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property valued at Rs 38,00,000 incurs a stamp duty of Rs 2,66,000.

Where can I find the Sub Registrar Office for Dhadhan Kuppam Puducham?

The Konnur Sub Registrar Office is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find more information through the provided link.