Guideline Value for Dhaksan Avenue IV

Dhaksan Avenue IV guideline value

The current guideline value of Dhaksan Avenue IV is Rs 700 per sq.ft. This street is located in Unamancheri village and falls under the Gooduvancheri SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Dhaksan Avenue IV has changed

Over the years, the guideline value of Dhaksan Avenue IV has undergone several revisions. The earliest recorded value in 2007 was Rs 150 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, this value remained unchanged until the 2017 revision when it dropped to Rs 469 per sq.ft. The most recent revision in 2023 saw a return to Rs 700 per sq.ft.

From 2017 to 2023, the guideline value increased by 49%. The change from 2012 to 2017 represented a decrease of 33%. Notably, the jump from 2007 to 2012 was substantial, with an increase of 367%. Overall, from 2007 to 2023, the guideline value has increased by 367%.

Guideline values in Unamancheri

Currently, there are no specific village figures available for Unamancheri. Dhaksan Avenue IV is one of the streets under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Dhaksan Avenue IV

For a 1,000 sq.ft plot at the current rate of Rs 700 per sq.ft, the guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, while the registration fee at 2% would be Rs 14,000, totaling Rs 63,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dhaksan Avenue IV?

The Sub Registrar Office that covers Dhaksan Avenue IV is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Unamancheri. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is documented at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Dhaksan Avenue IV?

The current guideline value of Dhaksan Avenue IV is Rs 700 per sq.ft as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 150 per sq.ft in 2007 to Rs 700 per sq.ft in 2012, then decreased to Rs 469 per sq.ft in 2017, and finally returned to Rs 700 per sq.ft in 2023.

What is the land classification for Dhaksan Avenue IV?

The land classification for Dhaksan Avenue IV is Residential Special Type - I.

What are the stamp duty and registration fees for a property in Dhaksan Avenue IV?

For a property valued at Rs 7,00,000, the stamp duty would be Rs 49,000 and the registration fee would be Rs 14,000, totaling 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, Guduvanchery-603202, Chengalpattu registration zone.