Guideline Value for Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3)

Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) guideline value

The current guideline value for Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) is Rs 900 per sq.ft. This property is located in Unamancheri village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) has changed

The guideline value for Dhaksan Avenue II has seen several revisions over the years. In 2007, the guideline value was Rs 950 per sq.ft, which decreased to Rs 900 per sq.ft in 2012, marking a 5% decline. The value remained the same in 2012 but dropped significantly to Rs 603 per sq.ft in 2017, a decrease of 33%.

However, from 2017 to 2023, the guideline value increased by 49% to reach the current rate of Rs 900 per sq.ft. Overall, from 2007 to 2023, the guideline value has decreased by 5%. The register has no figures for the years 2002, 2003, and 2024 for this street.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) is one of the properties in this area.

Stamp duty and registration fee for property in Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3)

For a 1,000 sq.ft plot at the current rate of Rs 900 per sq.ft, the guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, totaling Rs 81,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3)?

The Dhaksan Avenue II property is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Unamancheri. It serves as a reference point for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is sold, the buyer must pay stamp duty based on the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate fees based on the property's assessed value.

Frequently asked questions

What is the current guideline value of Dhaksan Avenue II?

The current guideline value of Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) is Rs 900 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 950 per sq.ft in 2007 to Rs 900 in 2012, then decreased to Rs 603 in 2017, and increased back to Rs 900 in 2023.

What is the stamp duty for properties in Dhaksan Avenue II?

The stamp duty for properties in Dhaksan Avenue II is 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 63,000.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

What is the land classification for Dhaksan Avenue II?

The land classification for Dhaksan Avenue II (S.No.75/2C,76/1A,85/5C2,5C3) is Residential Special Type - II.