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Guideline Value

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Guideline Value for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street

₹4950/sq.ft.

The guideline value for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street 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 ₹4500 /sq.ft.
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 4th Avenue West 2nd Cross Street

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Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street guideline value

The current guideline value for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street 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, classified as Residential Class II Type - I.

How the guideline value of Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street has changed

The guideline value for this street has seen revisions over the years. The earliest recorded revision is from 2012, where the guideline value was Rs 4,500 per sq.ft. The most recent revision in 2024 increased this value to Rs 4,950 per sq.ft, marking a 10% increase from the 2012 figure.

There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002 for this street, indicating that the guideline value remained unchanged during those periods.

Guideline values in Velachery

In Velachery, there are a total of 2,691 streets under the Velacheri SRO, with guideline values ranging from Rs 3,300 to Rs 13,200 per sq.ft. The median guideline value in this area is Rs 4,400 per sq.ft, placing the 2024 figure for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street above this median.

Stamp duty and registration fee for property in Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street

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, totaling Rs 4,45,500. It is important to note that the duty is charged on the higher of the guideline value and 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 4th Avenue West 2nd Cross Street?

The Sub Registrar Office that covers Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street 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 plays a crucial role in property transactions in Velachery. When buying or selling property, this value is used to determine the stamp duty and registration fees applicable during the registration process.

It is essential for buyers and sellers to be aware of the guideline value as it can significantly impact the overall costs involved in property transactions. Proper understanding of this value ensures that all legal requirements are met during the buying or selling process.

Frequently asked questions

What is the current guideline value for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street?

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

How has the guideline value changed over the years?

The guideline value for this street was Rs 4,500 per sq.ft in 2012 and increased to Rs 4,950 per sq.ft in 2024, marking a 10% increase. There are no recorded figures for the years 2023, 2017, 2007, 2003, and 2002.

What is the median guideline value in Velachery?

The median guideline value in Velachery is Rs 4,400 per sq.ft. The guideline value for Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street is above this median.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 49,50,000, the stamp duty would be Rs 3,46,500, and the registration fee would be Rs 99,000, totaling Rs 4,45,500. The duty is charged on the higher of the guideline value and the sale price.

Which office should I approach for registration in this area?

The Velacheri Sub Registrar Office covers Dhandeeswaram Nagar 4th Avenue West 2nd Cross Street. It is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.