Guideline Value for Dhenugambal Nagar Kattabomman Cross Street

Dhenugambal Nagar Kattabomman Cross Street guideline value

The current guideline value of Dhenugambal Nagar Kattabomman Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Madambakkam village and falls under the Selaiyur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Dhenugambal Nagar Kattabomman Cross Street has changed

The guideline value for Dhenugambal Nagar Kattabomman Cross Street has seen several revisions over the years. The earliest recorded revision was in 2002, 2003, 2007, and 2017, but the register has no figure for this street in those years. The 2012 revision set the guideline value at Rs 2,000 per sq.ft, which was later increased to Rs 2,200 per sq.ft in the 2024 revision, marking a 10% increase from the 2012 figure.

In summary, the guideline value has increased from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024. This change reflects the most recent adjustments made to the guideline values in the region.

Guideline values in Madambakkam

In Madambakkam, there are 1,151 streets under the Selaiyur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 6,000 per sq.ft, with a median value of Rs 2,400 per sq.ft. The guideline value for Dhenugambal Nagar Kattabomman Cross Street is below this median.

• Dhenugambal Nagar Kalaimagal Street: Rs 2,200 per sq.ft (2024)
• Dhenugambal Nagar Kattabomman Street: Rs 2,200 per sq.ft (2024)
• Dhenugambal Nagar Iink Street: Rs 2,200 per sq.ft (2024)
• Dhenugambal Nagar Main Road: Rs 2,200 per sq.ft (2024)
• Dhenugambal Nagar Cross Street: Rs 2,200 per sq.ft (2024)
• Dhenugambal Nagar Muthamizh Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Dhenugambal Nagar Kattabomman Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, while the registration fee at 2% would be Rs 44,000, bringing the total cost for these fees to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Dhenugambal Nagar Kattabomman Cross Street?

The Sub Registrar Office that covers Dhenugambal Nagar Kattabomman Cross Street is the Selaiyur Sub Registrar Office, located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073, in the Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value is an essential factor in the registration process when buying or selling property in Madambakkam. 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 used to ensure that the transaction is recorded at a fair value, preventing undervaluation or overvaluation. This process helps maintain transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value of Dhenugambal Nagar Kattabomman Cross Street?

The current guideline value of Dhenugambal Nagar Kattabomman Cross Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 2,200 per sq.ft in 2024. There are no recorded figures for the years 2002, 2003, 2007, 2017, and 2023 for this street.

What is the land classification for Dhenugambal Nagar Kattabomman Cross Street?

The land classification for Dhenugambal Nagar Kattabomman Cross Street is Residential Special Type - I. This classification determines the type of development permitted in the area.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office located for this street?

The Selaiyur Sub Registrar Office is located at No.36, Bharathmatha Salai (opp To Railway Quarters), Ruby Mansion, East Tambaram, Selaiyur, Chennai - 600 073. This office handles registrations for properties in Dhenugambal Nagar Kattabomman Cross Street.