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Guideline Value

Corporate

Guideline Value for Dhandeeswaram Nagar 2nd Main Road Avenue

₹4950/sq.ft.

The guideline value for Dhandeeswaram Nagar 2nd Main Road Avenue 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 Main Road Avenue

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Dhandeeswaram Nagar 2nd Main Road Avenue guideline value

The current guideline value of Dhandeeswaram Nagar 2nd Main Road Avenue is Rs 4,950 per sq.ft, effective from 1 July 2024. This street is located in Velachery village and falls under the Velacheri SRO. The land classification for this area is Residential Class II Type - I.

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

According to the guideline value register, there are no figures available for Dhandeeswaram Nagar 2nd Main Road Avenue for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision with a figure is from 2024, which is Rs 4,950 per sq.ft.

The 2024 revision shows a guideline value of Rs 4,950 per sq.ft for this street. There have been no changes between the revisions above, indicating stability in the guideline value for this area.

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 value is Rs 4,400 per sq.ft, placing Dhandeeswaram Nagar 2nd Main Road Avenue above this median.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 4,950 per sq.ft, the total guideline value would be Rs 49,50,000. The stamp duty at 7% would amount to Rs 3,46,500, while the registration fee at 2% would be Rs 99,000, bringing the total to Rs 4,45,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Dhandeeswaram Nagar 2nd Main Road Avenue?

The Dhandeeswaram Nagar 2nd Main Road Avenue falls under the Velacheri Sub Registrar Office located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. To find your SRO, you can visit find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Velachery. It serves as a benchmark for determining the minimum value of the property for registration purposes, ensuring that the transaction is recorded accurately.

When registering a property, the guideline value helps in calculating the stamp duty and registration fees, which are essential for the legal transfer of property ownership. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

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

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

What is the land classification for Dhandeeswaram Nagar 2nd Main Road Avenue?

The land classification for Dhandeeswaram Nagar 2nd Main Road Avenue is Residential Class II Type - I.

Which Sub Registrar Office covers Dhandeeswaram Nagar 2nd Main Road Avenue?

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

How is the stamp duty calculated for properties in this area?

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

Are there any previous revisions for the guideline value of this street?

The guideline value register has no figures for Dhandeeswaram Nagar 2nd Main Road Avenue for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision.