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Guideline Value

Corporate

Guideline Value for Dhandeeswaram Nagar 7th Main Road Avenue

₹4950/sq.ft.

The guideline value for Dhandeeswaram Nagar 7th 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 7th Main Road Avenue

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Dhandeeswaram Nagar 7th Main Road Avenue guideline value

The current guideline value for Dhandeeswaram Nagar 7th Main Road Avenue 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 7th Main Road Avenue has changed

The guideline value register does not provide figures for Dhandeeswaram Nagar 7th 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 of the 2024 revision, there have been no changes to the guideline value for this street. The current figure reflects the latest assessment and is the only figure recorded in the register for this location.

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 for these streets is Rs 4,400 per sq.ft, placing Dhandeeswaram Nagar 7th Main Road Avenue's 2024 figure above that median.

Stamp duty and registration fee for property in Dhandeeswaram Nagar 7th 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, and the registration fee at 2% would be Rs 99,000, making the total cost Rs 4,45,500. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhandeeswaram Nagar 7th Main Road Avenue?

The Dhandeeswaram Nagar 7th Main Road Avenue falls under 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 serves as a benchmark for calculating stamp duty and registration fees.

It is essential for buyers and sellers to be aware of the guideline value, as it influences the overall cost of property transactions. Accurate knowledge of the guideline value can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for Dhandeeswaram Nagar 7th Main Road Avenue?

The current guideline value for Dhandeeswaram Nagar 7th Main Road Avenue is Rs 4,950 per sq.ft, effective from 1 July 2024.

What is the land classification for Dhandeeswaram Nagar 7th Main Road Avenue?

Dhandeeswaram Nagar 7th Main Road Avenue is classified as Residential Class II Type - I.

What are the other streets with the same guideline value in Velachery?

Other streets in Velachery with the same guideline value of Rs 4,950 per sq.ft include Dhandeeswaram Nagar 4th Main Road Avenue, Dhandeeswaram Nagar 9th Main Road Avenue, and several others.

How is stamp duty calculated for properties in Dhandeeswaram Nagar 7th Main Road Avenue?

Stamp duty for properties in Dhandeeswaram Nagar 7th Main Road Avenue is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is an additional 2% of the guideline value.

Where can I find the Velacheri Sub Registrar Office?

The Velacheri Sub Registrar Office is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can visit the office for property registration and related services.