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Guideline Value

Corporate

Guideline Value for Dhandeeswaram Nagar 2nd Avenue West

₹4950/sq.ft.

The guideline value for Dhandeeswaram Nagar 2nd Avenue West in Velachery village (Velacheri SRO, Chennai zone) is Rs 4950 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Velachery

Village

Velacheri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹4950 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
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)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Dhandeeswaram Nagar 2nd Avenue West

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Dhandeeswaram Nagar 2nd Avenue West guideline value

The current guideline value for Dhandeeswaram Nagar 2nd Avenue West is Rs 4,950 per sq.ft, effective from 1 July 2024. This street is located in Velachery village, under the Velacheri SRO, and is classified as Residential Class II Type - I.

How the guideline value of Dhandeeswaram Nagar 2nd Avenue West has changed

The guideline value register for Dhandeeswaram Nagar 2nd Avenue West has no figures for the years 2023, 2017, 2012, 2007, 2003, and 2002. The most recent revision in 2024 shows a guideline value of Rs 4,950 per sq.ft.

Since there are no figures available for the previous years, it can be noted that the 2024 revision stands alone without any comparative changes from earlier years.

Guideline values in Velachery

In Velachery, there are 2,691 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median guideline value is Rs 4,400 per sq.ft, placing the 2024 figure of Dhandeeswaram Nagar 2nd Avenue West above that median.

Stamp duty and registration fee for property in Dhandeeswaram Nagar 2nd Avenue West

For a 1,000 sq.ft plot at the current guideline value of Rs 4,950 per sq.ft, the total guideline value amounts to Rs 49,50,000. The stamp duty at 7% would be Rs 3,46,500, and the registration fee at 2% would be Rs 99,000, bringing the total charges to Rs 4,45,500. 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 Dhandeeswaram Nagar 2nd Avenue West?

The Sub Registrar Office covering Dhandeeswaram Nagar 2nd Avenue West is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Velachery, as it determines the stamp duty and registration fees applicable during the transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the property registration process.

When a property is registered, the guideline value serves as a baseline for calculating the associated fees. This ensures that the transaction is recorded accurately and that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Dhandeeswaram Nagar 2nd Avenue West?

The current guideline value of Dhandeeswaram Nagar 2nd Avenue West is Rs 4,950 per sq.ft, effective from 1 July 2024.

What is the land classification of Dhandeeswaram Nagar 2nd Avenue West?

Dhandeeswaram Nagar 2nd Avenue West is classified as Residential Class II Type - I.

Which Sub Registrar Office covers Dhandeeswaram Nagar 2nd Avenue West?

The Velacheri Sub Registrar Office covers Dhandeeswaram Nagar 2nd Avenue West, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.

How is stamp duty calculated for properties in Dhandeeswaram Nagar 2nd Avenue West?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 49,50,000 would incur a stamp duty of Rs 3,46,500 at the rate of 7%.

What are the guideline values for other streets in Velachery?

Other streets in Velachery have varying guideline values, with rates for 2024 ranging from Rs 4,950 per sq.ft for several streets, including Dhandeeswaram Nagar 1st Main Road Avenue and Dhandeeswaram Nagar 2nd Main Road Avenue.