Guideline Value

Corporate

Guideline Value for Dhamodara Nagar

₹700/sq.ft.

The guideline value for Dhamodara Nagar in Karanaipuducheri village (Gooduvancheri SRO, Chengalpattu zone) is Rs 700 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Karanaipuducheri

Village

Gooduvancheri

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹700 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹469 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹700 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Dhamodara Nagar

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Dhamodara Nagar guideline value

The current guideline value of Dhamodara Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Karanaipuducheri village, under the Gooduvancheri SRO, and is classified as Residential Class I Type - I.

How the guideline value of Dhamodara Nagar has changed

The guideline value for Dhamodara Nagar has seen several revisions over the years. In 2007, the value was Rs 200 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012, marking a 250% rise. However, it then dropped to Rs 469 per sq.ft in 2017, a decrease of 33%. The value remained at Rs 700 per sq.ft from 2012 to 2023, and it has not changed from 2023 to 2024, maintaining the rate at Rs 700 per sq.ft.

From 2017 to 2023, there was a notable increase of 49%, bringing the value back to Rs 700 per sq.ft. Overall, from 2007 to 2024, the guideline value has increased by 250%, reflecting the fluctuations in the real estate market.

Guideline values in Karanaipuducheri

In Karanaipuducheri, there are 108 streets under the Gooduvancheri SRO, with 2024 guideline values ranging from Rs 400 to Rs 2,239 per sq.ft. The median value for these streets is Rs 802 per sq.ft, placing Dhamodara Nagar's 2024 figure below this median.

Stamp duty and registration fee for property in Dhamodara Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty, calculated at 7%, would be Rs 49,000, and 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 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 Dhamodara Nagar?

The Sub Registrar Office that covers Dhamodara Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Karanaipuducheri. It serves as a reference for calculating the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official records.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to determine the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dhamodara Nagar?

The current guideline value of Dhamodara Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2007 to Rs 700 per sq.ft in 2012, then decreased to Rs 469 per sq.ft in 2017, and has remained at Rs 700 per sq.ft since 2012.

What are the guideline values of other streets in Karanaipuducheri?

Other streets in Karanaipuducheri have varying guideline values, with rates ranging from Rs 400 to Rs 2,239 per sq.ft. For example, Devanshi Nagar and Dharsan Aalayam both have a guideline value of Rs 1,200 per sq.ft in 2024.

How is the stamp duty calculated for properties in Dhamodara Nagar?

Stamp duty for properties in Dhamodara Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For instance, a property valued at Rs 7,00,000 would incur a stamp duty of Rs 49,000.

Where can I find the Sub Registrar Office for Dhamodara Nagar?

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