Guideline Value for Dhanateja Layout

Dhanateja Layout guideline value

The current guideline value of Dhanateja Layout in Mamallapuram village is Rs 935 per sq.ft, effective from 1 July 2024. This area falls under the Thirukazhukundram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Dhanateja Layout has changed

According to the register, there are no figures for Dhanateja Layout for the years 2002, 2003, 2007, 2012, and 2017. The guideline value was Rs 850 per sq.ft in the 2023 revision, and it has increased by 10% to Rs 935 per sq.ft in the 2024 revision.

The 2024 revision reflects a significant update, bringing the guideline value in line with the median value for the 133 streets in Mamallapuram under the Thirukazhukundram SRO, which is also Rs 935 per sq.ft.

Guideline values in Mamallapuram

In Mamallapuram, the guideline values for various streets range from Rs 550 to Rs 1,650 per sq.ft, with the median being Rs 935 per sq.ft. Dhanateja Layout's 2024 figure matches this median value.

• Devaneri Village Road Cross Street: Rs 825 per sq.ft (2024)
• Devaneri Village Road: Rs 1,215 per sq.ft (2024)
• Devaneri Village East Coast Road: Rs 1,100 per sq.ft (2024)
• Devaneri SunamiNagar Main Road: Rs 1,210 per sq.ft (2024)
• Devaneri School Road: Rs 825 per sq.ft (2024)
• Devaneri Meenavar Colony Road: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Dhanateja Layout

For a 1,000 sq.ft plot at the current rate of Rs 935 per sq.ft, the guideline value amounts to Rs 9,35,000. The stamp duty at 7% would be Rs 65,450, while the registration fee at 2% would be Rs 18,700, bringing the total to Rs 84,150. Please 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 precise calculations based on your property details.

Which Sub Registrar Office covers Dhanateja Layout?

The Dhanateja Layout is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Mamallapuram, as it is used to determine the stamp duty and registration fees when buying or selling property. Buyers should be aware that these costs are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to refer to the latest guideline value to ensure compliance with local regulations and avoid any discrepancies during the registration process. This helps in smooth transactions and legal clarity for both buyers and sellers.

Frequently asked questions

What is the current guideline value of Dhanateja Layout?

The current guideline value of Dhanateja Layout is Rs 935 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value was Rs 850 per sq.ft in 2023 and increased by 10% to Rs 935 per sq.ft in 2024. There are no figures for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of Dhanateja Layout?

Dhanateja Layout is classified as Residential Class IV Type - I, which indicates its suitability for residential purposes.

What are the stamp duty and registration fees for property in Dhanateja Layout?

For a 1,000 sq.ft plot, the guideline value is Rs 9,35,000. The stamp duty at 7% is Rs 65,450, and the registration fee at 2% is Rs 18,700, totaling Rs 84,150.

Where can I find the Sub Registrar Office for Dhanateja Layout?

The Sub Registrar Office covering Dhanateja Layout is the Thirukazhukundram SRO, located at Thiruchengode - 637 211, Chengalpattu registration zone.