Guideline Value for Dhasaradhan Street, Pammal

Dhasaradhan Street, Pammal guideline value

The current guideline value of Dhasaradhan Street, Pammal is Rs 1,980 per sq.ft, effective from 1 July 2024. This street is located in Pammal village and falls under the Pammal SRO, classified as Residential Class II Type - II.

How the guideline value of Dhasaradhan Street, Pammal has changed

In the 2017 revision, the guideline value was Rs 1,206 per sq.ft. This increased to Rs 1,800 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,980 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has risen by 64%. The register does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pammal

In Pammal, there are 926 streets under the Pammal SRO that have a 2024 guideline value ranging from Rs 880 to Rs 3,300 per sq.ft, with a median value of Rs 2,090 per sq.ft. Dhasaradhan Street's current guideline value is below this median.

• Dhasaradhan Cross Street, Pammal: Rs 1,980 per sq.ft (2024)
• Dhasrathan Cross Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Dhasrathan Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Dhayalu Street / Anna Nagar: Rs 2,750 per sq.ft (2024)
• Dharmalingam Street / Lord Srinivasa Colony: Rs 1,980 per sq.ft (2024)
• Dhanraj Street / Central Bank Colony: Rs 1,870 per sq.ft (2024)

Stamp duty and registration fee for property in Dhasaradhan Street, Pammal

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would be Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total to Rs 1,78,200. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dhasaradhan Street, Pammal?

The Sub Registrar Office that covers Dhasaradhan Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Pammal. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to calculate the applicable fees, which are based on either the guideline value or the sale price, whichever is higher. This ensures transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of Dhasaradhan Street, Pammal?

The current guideline value of Dhasaradhan Street, Pammal is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has seen a significant increase from Rs 1,206 per sq.ft to Rs 1,980 per sq.ft in 2024, reflecting a total rise of 64% over the years.

What is the land classification of Dhasaradhan Street, Pammal?

Dhasaradhan Street is classified as Residential Class II Type - II, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Dhasaradhan Street?

The Pammal Sub Registrar Office, which covers Dhasaradhan Street, is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is stamp duty calculated for properties on Dhasaradhan Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 19,80,000 would incur a stamp duty of Rs 1,38,600 at 7%.