Guideline Value for Dharka Main Road
₹4400/sq.ft.
The guideline value for Dharka Main Road in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Zaminpallavaram
Village
Pallavaram
SRO
Commercial Class I Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹4400 /sq.ft. |
| From 1-4-2023 | ₹4000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2680 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹4000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹800 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹413 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Dharka Main Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Pallavaram sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Dharka Main Road guideline value
The current guideline value of Dharka Main Road in Zaminpallavaram village is Rs 4,400 per sq.ft, effective from the 2024 revision. This area falls under the Pallavaram SRO and is classified as Commercial Class I Type - III.
How the guideline value of Dharka Main Road has changed
The guideline value for Dharka Main Road has undergone several revisions over the years. Starting from the 2003 revision, where the value was Rs 413 per sq.ft, it increased to Rs 800 per sq.ft in 2007, showing a significant rise of 94%. The value then jumped to Rs 4,000 per sq.ft in 2012, reflecting a remarkable increase of 400%. However, it decreased to Rs 2,680 per sq.ft in 2017, marking a decline of 33%. The value saw a substantial increase to Rs 4,000 per sq.ft in 2023, and further rose by 10% to reach the current value of Rs 4,400 per sq.ft in 2024.
It is important to note that there is no figure available for the year 2002 for this street. Overall, from 2003 to 2024, the guideline value has increased by 965%.
Guideline values in Zaminpallavaram
In Zaminpallavaram, there are 638 streets under the Pallavaram SRO, with 2024 guideline values ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median guideline value is Rs 3,300 per sq.ft, placing Dharka Main Road's 2024 figure above this median.
- Dharka Colony 4th Lane: Rs 4,400 per sq.ft (2024)
- Dharka North Side Road: Rs 4,400 per sq.ft (2024)
- Dharka Colony 3rd Lane: Rs 2,750 per sq.ft (2024)
- Dharka Road (Part West): Rs 4,400 per sq.ft (2024)
- Dharka Colony 2nd Lane: Rs 4,400 per sq.ft (2024)
- Dharka Road South Side Salaikal: Rs 4,400 per sq.ft (2024)
Stamp duty and registration fee for property in Dharka Main Road
For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Dharka Main Road?
The Sub Registrar Office that covers Dharka Main Road is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Zaminpallavaram
The guideline value is a crucial factor in the registration process when buying or selling property in Zaminpallavaram. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.
When a property is registered, the guideline value is considered to ensure that the transaction is in compliance with the regulations set by the Registration Department. Buyers and sellers should be aware of the current guideline value to accurately calculate their costs during the property transaction.
Frequently asked questions
What is the current guideline value of Dharka Main Road?
The current guideline value of Dharka Main Road is Rs 4,400 per sq.ft, effective from the 2024 revision.
How has the guideline value changed over the years?
The guideline value has changed from Rs 413 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of 965% over the years.
What is the land classification for Dharka Main Road?
Dharka Main Road is classified as Commercial Class I Type - III, which indicates its suitability for commercial activities.
Where is the Pallavaram Sub Registrar Office located?
The Pallavaram Sub Registrar Office is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.
How is the stamp duty calculated for properties on Dharka Main Road?
Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 44,00,000 would incur a stamp duty of Rs 3,08,000.
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