Guideline Value for Dharmarajakoil Street

Dharmarajakoil Street guideline value

The current guideline value of Dharmarajakoil Street is Rs 600 per sq.ft, effective from 1 July 2024. This street is located in Thirukalukundrem A village, under the Thirukazhukundram SRO, and falls under the Residential Class I Type - III land classification.

How the guideline value of Dharmarajakoil Street has changed

The guideline value for Dharmarajakoil Street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 600 per sq.ft, which remains unchanged from the 2023 revision, also at Rs 600 per sq.ft. Prior to that, in 2017, the guideline value was Rs 402 per sq.ft, marking a 49% increase to the 2023 figure.

It is important to note that there are no recorded figures for Dharmarajakoil Street in the revisions for the years 2002, 2003, 2007, and 2012. Overall, from 2017 to the current 2024 revision, the guideline value has increased by 49%.

Guideline values in Thirukalukundrem A

In Thirukalukundrem A, there are 149 streets under the Thirukazhukundram SRO that carry a 2024 guideline value, ranging from Rs 300 to Rs 1,344 per sq.ft. The median value for these streets is Rs 600 per sq.ft, which is equal to the guideline value of Dharmarajakoil Street.

• Dr.Ambedkar Street: Rs 600 per sq.ft (2024)
• Cross Street (Vanniar): Rs 700 per sq.ft (2024)
• Cpt Salai: Rs 1,005 per sq.ft (2024)
• East Street Kanakoilpettai: Rs 600 per sq.ft (2024)
• East Street Mangalam: Rs 600 per sq.ft (2024)
• Chinnakuttai Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Dharmarajakoil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 600 per sq.ft, the total guideline value amounts to Rs 6,00,000. The stamp duty at 7% would be Rs 42,000, and the registration fee at 2% would be Rs 12,000, bringing the total fees to Rs 54,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Dharmarajakoil Street?

Dharmarajakoil Street is covered by the Thirukazhukundram Sub Registrar Office, located at Thiruchengode - 637 211, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thirukalukundrem A. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value serves as a baseline for calculating the applicable duties and fees. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value of Dharmarajakoil Street?

The current guideline value of Dharmarajakoil Street is Rs 600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 600 per sq.ft from 2023 to 2024. It increased by 49% from Rs 402 per sq.ft in 2017 to Rs 600 per sq.ft in 2023.

What is the land classification for Dharmarajakoil Street?

Dharmarajakoil Street falls under the Residential Class I Type - III land classification.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Dharmarajakoil Street is located at Thiruchengode - 637 211, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Dharmarajakoil Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 600 per sq.ft, the total guideline value is Rs 6,00,000, resulting in a stamp duty of Rs 42,000.