Guideline Value

Corporate

Guideline Value for Dhargas Road

₹440/sq.ft.

The guideline value for Dhargas Road in Vilangadupakkam village (Redhills SRO, Chennai zone) is Rs 440 per sq.ft, effective 1 July 2024. It was Rs 400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vilangadupakkam

Village

Redhills

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹440 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
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)

Sub Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Dhargas Road

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Dhargas Road guideline value

The current guideline value of Dhargas Road in Vilangadupakkam village is Rs 440 per sq.ft, effective from 1 July 2024. This area falls under the Redhills SRO and is classified as Residential Class III Type - I.

How the guideline value of Dhargas Road has changed

Over the years, the guideline value of Dhargas Road has seen significant changes. The earliest available revision is from 2017, where the guideline value was Rs 268 per sq.ft. This figure increased to Rs 400 per sq.ft in 2023, marking a rise of 49%. The most recent revision in 2024 set the value at Rs 440 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that there are no available figures for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%, demonstrating a consistent upward trend in the valuation of this property.

Guideline values in Vilangadupakkam

In Vilangadupakkam, there are 160 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 365 to Rs 1,792 per sq.ft. The median value for these streets is Rs 440 per sq.ft, which is equal to the guideline value of Dhargas Road.

Stamp duty and registration fee for property in Dhargas Road

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value amounts to Rs 4,40,000. The stamp duty at 7% would be Rs 30,800, while the registration fee at 2% would be Rs 8,800. Together, the total cost for these fees would be Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhargas Road?

The Sub Registrar Office that covers Dhargas Road is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Vilangadupakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. This value is crucial for calculating the stamp duty and registration fees that need to be paid during the transaction.

When a buyer and seller agree on a sale price, the registration office will charge duty based on the higher of the guideline value or the agreed sale price. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Dhargas Road?

The current guideline value of Dhargas Road is Rs 440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 268 per sq.ft in 2017 to Rs 440 per sq.ft in 2024, marking an overall increase of 64% during this period.

Which Sub Registrar Office covers Dhargas Road?

The Redhills Sub Registrar Office covers Dhargas Road, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What is the stamp duty on property in Dhargas Road?

The stamp duty on property in Dhargas Road is calculated at 7% of the guideline value or sale price, whichever is higher. For example, on a plot valued at Rs 4,40,000, the stamp duty would be Rs 30,800.

What are the guideline values of other streets in Vilangadupakkam?

Other streets in Vilangadupakkam have varying guideline values, with some streets like Dhanush Nagar and Dhakshana Moorthy Nagar also having a guideline value of Rs 440 per sq.ft in 2024.