Guideline Value for Dhasrathan Street / Gokulam Colony

Dhasrathan Street / Gokulam Colony guideline value

The current guideline value of Dhasrathan Street / Gokulam Colony is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Pammal village, under the Pammal SRO, and is classified as Commercial Class I Type - II.

How the guideline value of Dhasrathan Street / Gokulam Colony has changed

The guideline value for Dhasrathan Street / Gokulam Colony has seen significant changes over the years. In 2002, the value was Rs 200 per sq.ft, which increased to Rs 226 per sq.ft in 2003, marking a 13% rise. The value continued to climb to Rs 360 per sq.ft in 2007, reflecting a 59% increase. By 2017, the guideline value had surged to Rs 1,675 per sq.ft, a remarkable 365% increase from 2007. The next revision in 2023 saw the value rise to Rs 2,500 per sq.ft, which was a 49% increase from 2017. The most recent revision in 2024 set the guideline value at Rs 2,750 per sq.ft, representing a 10% increase from the previous year.

It is important to note that the register has no figure for Dhasrathan Street / Gokulam Colony for the year 2012.

Guideline values in Pammal

Pammal village has a total of 926 streets under the Pammal SRO, with guideline values ranging from Rs 880 to Rs 3,300 per sq.ft. The median guideline value is Rs 2,090 per sq.ft, placing Dhasrathan Street / Gokulam Colony above this median at Rs 2,750 per sq.ft.

• Dhasrathan Cross Street / Gokulam Colony: Rs 2,750 per sq.ft (2024)
• Dhayalu Street / Anna Nagar: Rs 2,750 per sq.ft (2024)
• Dhasaradhan Street, Pammal: Rs 1,980 per sq.ft (2024)
• Dhasaradhan Cross Street, Pammal: Rs 1,980 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 Dhasrathan Street / Gokulam Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Dhasrathan Street / Gokulam Colony?

The Sub Registrar Office covering Dhasrathan Street / Gokulam Colony is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone.

To find your SRO, visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Pammal. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees. This ensures that the transaction is recorded accurately and legally.

During the registration process, buyers and sellers must refer to the guideline value to calculate the necessary fees. It is essential to be aware of the current guideline value to avoid any discrepancies during the registration of property.

Frequently asked questions

What is the current guideline value of Dhasrathan Street / Gokulam Colony?

The current guideline value of Dhasrathan Street / Gokulam Colony is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 200 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, showing an overall increase of 1275% over the years.

What is the median guideline value in Pammal?

The median guideline value in Pammal is Rs 2,090 per sq.ft, with Dhasrathan Street / Gokulam Colony's current value being above this median.

What are the stamp duty and registration fees for property in Dhasrathan Street / Gokulam Colony?

For a 1,000 sq.ft plot, the total guideline value is Rs 27,50,000. The stamp duty would be Rs 1,92,500, and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Which office handles registrations for Dhasrathan Street / Gokulam Colony?

The Pammal Sub Registrar Office handles registrations for Dhasrathan Street / Gokulam Colony, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.