Guideline Value for Dhanalakshmi Nagar

Dhanalakshmi Nagar guideline value

The current guideline value of Dhanalakshmi Nagar is Rs 800 per sq.ft, effective from 1 July 2024. This street is located in Irunkattukottai_B village under the Sriperumpudur SRO and is classified as Residential Special Type - I.

How the guideline value of Dhanalakshmi Nagar has changed

In the 2017 revision, the guideline value was Rs 536 per sq.ft. This figure remained unchanged at Rs 800 per sq.ft in the 2023 revision. The current guideline value of Rs 800 per sq.ft, effective from 1 July 2024, also reflects no change from the previous year, marking a 0% increase from 2023 to 2024.

Overall, from the 2017 revision to the 2024 revision, there has been a significant increase of 49%. The register does not provide figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Irunkattukottai_B

In Irunkattukottai_B, there are 54 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 250 to Rs 1,200 per sq.ft. The median value for these streets is Rs 400 per sq.ft, placing Dhanalakshmi Nagar's 2024 figure above this median.

• Colony Bajanai Koil Street: Rs 250 per sq.ft (2024)
• Erikkarai Street: Rs 250 per sq.ft (2024)
• Ganapathy Nagar: Rs 250 per sq.ft (2024)
• Bharathiyar Street: Rs 400 per sq.ft (2024)
• Ganesh Nagar Colony: Rs 250 per sq.ft (2024)
• Bakthavathsalam Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanalakshmi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, resulting in a total of Rs 72,000. 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 more detailed calculations.

Which Sub Registrar Office covers Dhanalakshmi Nagar?

The Sub Registrar Office that covers Dhanalakshmi Nagar 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 Irunkattukottai_B

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

When a property is sold, the guideline value helps determine the minimum value on which the stamp duty is calculated. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value of Dhanalakshmi Nagar?

The current guideline value of Dhanalakshmi Nagar is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 536 per sq.ft to Rs 800 per sq.ft in 2024, reflecting a 49% increase overall. There were no changes in the guideline value between the 2023 and 2024 revisions.

What is the land classification for Dhanalakshmi Nagar?

Dhanalakshmi Nagar is classified as Residential Special Type - I, which indicates its designation for residential purposes within the area.

Where is the Sub Registrar Office located for Dhanalakshmi Nagar?

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

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

Stamp duty for properties in Dhanalakshmi Nagar is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 8,00,000 would incur a stamp duty of Rs 56,000 at 7%.