Guideline Value for Dhanapriya Nagar

Dhanapriya Nagar guideline value

The current guideline value of Dhanapriya Nagar is Rs 226 per sq.ft, effective from 1 July 2024. This area is located in Koozhangacheri village under the Sunguvarchattram SRO, classified as Residential Class II Type - I.

How the guideline value of Dhanapriya Nagar has changed

Since the 2007 revision, the guideline value for Dhanapriya Nagar has seen significant changes. In 2007, the guideline value was Rs 20 per sq.ft, which increased to Rs 225 per sq.ft in 2012. However, there was a decrease to Rs 151 per sq.ft in 2017. The value then rose to Rs 226 per sq.ft in both 2023 and 2024, indicating no change between these two revisions. The register has no figures for the years 2002 and 2003 for this street.

From 2007 to 2012, the guideline value increased by 1,025%. The value then decreased by 33% from 2012 to 2017. Following that, there was a 50% increase from 2017 to 2023. Overall, from 2007 to 2024, the guideline value has increased by 1,030%.

Guideline values in Koozhangacheri

Koozhangacheri village has 47 streets under the Sunguvarchattram SRO carrying a 2024 guideline value figure ranging from Rs 200 to Rs 1,200 per sq.ft, with a median value of Rs 226 per sq.ft. Dhanapriya Nagar's current guideline value aligns with this median.

• Dhanalakshmi Nagar: Rs 250 per sq.ft (2024)
• Ezhil Nagar: Rs 200 per sq.ft (2024)
• Bharathi Nagar Part-I: Rs 250 per sq.ft (2024)
• Ganesh Nagar: Rs 200 per sq.ft (2024)
• Bharathi Nagar: Rs 250 per sq.ft (2024)
• Golden Avenue: Rs 250 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanapriya Nagar

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 2,26,000. The stamp duty at 7% amounts to Rs 15,820, and the registration fee at 2% is Rs 4,520, totaling Rs 20,340. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dhanapriya Nagar?

The Sub Registrar Office covering Dhanapriya Nagar is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, 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 Koozhangacheri

The guideline value is an essential factor in the registration process for property transactions in Koozhangacheri. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. This value is used by the registration office to calculate the necessary fees and taxes associated with the property transfer.

Frequently asked questions

What is the current guideline value of Dhanapriya Nagar?

The current guideline value of Dhanapriya Nagar is Rs 226 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 20 per sq.ft in 2007 to Rs 226 per sq.ft in 2024, reflecting an overall increase of 1,030% over this period.

What is the land classification for Dhanapriya Nagar?

Dhanapriya Nagar is classified as Residential Class II Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for a property in Dhanapriya Nagar?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 20,340 based on the current guideline value of Rs 2,26,000.

Where is the Sub Registrar Office for Dhanapriya Nagar located?

The Sub Registrar Office for Dhanapriya Nagar is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.