Guideline Value for Dhasan Street

Dhasan Street guideline value

The current guideline value of Dhasan Street in Zaminpallavaram village is Rs 3,300 per sq.ft, effective from 1 July 2024. This street falls under the Pallavaram SRO and is classified as Residential Class I Type - II.

How the guideline value of Dhasan Street has changed

The guideline value for Dhasan Street has seen several revisions over the years. In the 2003 revision, the value was Rs 554 per sq.ft, which increased to Rs 1,000 per sq.ft in 2007, marking a significant rise of 81%. The value then surged to Rs 3,000 per sq.ft in 2012, reflecting a 200% increase from the previous revision. However, in 2017, the value dropped to Rs 2,010 per sq.ft, a decrease of 33%. The 2023 revision set the value at Rs 3,000 per sq.ft, which then increased to Rs 3,300 per sq.ft in 2024, a rise of 10%.

It is important to note that there is no figure available for Dhasan Street in the 2002 revision. Overall, from 2003 to 2024, the guideline value has increased by 496%.

Guideline values in Zaminpallavaram

In Zaminpallavaram, there are 638 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 2,100 to Rs 11,000 per sq.ft. The median value is Rs 3,300 per sq.ft, which is equal to the current guideline value of Dhasan Street.

• Dharka Street Colony: Rs 4,400 per sq.ft (2024)
• Dharka Road South Side Salaikal: Rs 4,400 per sq.ft (2024)
• Dharka Road (Part West): Rs 4,400 per sq.ft (2024)
• Dharka North Side Road: Rs 4,400 per sq.ft (2024)
• Dharka Main Road: Rs 4,400 per sq.ft (2024)
• Dharka Colony 4th Lane: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in Dhasan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that the 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 details.

Which Sub Registrar Office covers Dhasan Street?

The Sub Registrar Office that covers Dhasan Street 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 further assistance.

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

The guideline value is a crucial factor in the registration process for property transactions in Zaminpallavaram. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the expected value of the property. It is essential for buyers to be aware of the guideline value to ensure they are paying a fair price during the transaction.

Frequently asked questions

What is the current guideline value of Dhasan Street?

The current guideline value of Dhasan Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 554 per sq.ft in 2003 to Rs 3,300 per sq.ft in 2024, showing an overall increase of 496% over the years.

What is the median guideline value in Zaminpallavaram?

The median guideline value in Zaminpallavaram is Rs 3,300 per sq.ft, which is the same as the current value for Dhasan Street.

What are the stamp duty and registration fees for Dhasan Street?

For a property valued at Rs 33,00,000, the stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000.

Where is the Sub Registrar Office for Dhasan Street located?

The Sub Registrar Office for Dhasan Street is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.