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Guideline Value

Corporate

Guideline Value for Dhandeeswaram Nagar 4th Main Road Avenue

₹4950/sq.ft.

The guideline value for Dhandeeswaram Nagar 4th 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 4th Main Road Avenue

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Dhandeeswaram Nagar 4th Main Road Avenue guideline value

The current guideline value of Dhandeeswaram Nagar 4th Main Road Avenue is Rs 4,950 per sq.ft, effective from 1 July 2024. This property 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 Main Road Avenue has changed

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

As there have been no changes between revisions, the current guideline value remains the same as the newly revised figure for 2024. Thus, the only relevant data for this street is the 2024 guideline value.

Guideline values in Velachery

In Velachery, there are 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 Dhandeeswaram Nagar 4th Main Road Avenue above this median.

Stamp duty and registration fee for property in Dhandeeswaram Nagar 4th 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 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 4th Main Road Avenue?

The Sub Registrar Office that covers Dhandeeswaram Nagar 4th Main Road Avenue 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 in property transactions in Velachery, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, which are mandatory for legal ownership transfer.

It is important for buyers and sellers to be aware of the guideline value to ensure compliance with local regulations and to avoid any legal complications during the registration process. Accurate understanding of the guideline value helps in making informed decisions regarding property transactions.

Frequently asked questions

What is the current guideline value of Dhandeeswaram Nagar 4th Main Road Avenue?

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

What is the land classification for Dhandeeswaram Nagar 4th Main Road Avenue?

Dhandeeswaram Nagar 4th Main Road Avenue is classified as Residential Class II Type - I.

How many streets in Velachery have a guideline value?

There are 2,691 streets in Velachery that carry a guideline value as per the Velacheri SRO.

What is the median guideline value in Velachery?

The median guideline value in Velachery is Rs 4,400 per sq.ft, which is below the current guideline value of Dhandeeswaram Nagar 4th Main Road Avenue.

Where is the Velacheri Sub Registrar Office located?

The Velacheri Sub Registrar Office is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.