Guideline Value for Dhorupathi Amman Nagar

Dhorupathi Amman Nagar guideline value

The current guideline value of Dhorupathi Amman Nagar is Rs 700 per sq.ft, effective from 1 July 2024. This area is located in Atanancheri village and falls under the Gooduvancheri SRO. The land classification for this street is Residential Special Type - II.

How the guideline value of Dhorupathi Amman Nagar has changed

Over the years, the guideline value of Dhorupathi Amman Nagar has seen several revisions. In 2007, the value was Rs 160 per sq.ft, which increased significantly to Rs 700 per sq.ft in 2012. However, it decreased to Rs 469 per sq.ft in 2017. The 2023 revision maintained the value at Rs 700 per sq.ft, which has remained unchanged in the 2024 revision.

From 2017 to 2023, there was a notable increase of 49%. The overall change from 2007 to 2024 shows an increase of 338%. It is important to note that there are no figures available for the years 2002 and 2003 for this street.

Guideline values in Atanancheri

In Atanancheri, there are 83 streets under the Gooduvancheri SRO that have a guideline value for 2024 ranging from Rs 400 to Rs 2,500 per sq.ft. The median value for these streets is Rs 700 per sq.ft, which is equal to the current guideline value of Dhorupathi Amman Nagar.

• Dhinesh Avenue: Rs 500 per sq.ft (2024)
• Dr.Jayasingh Nagar-I,II: Rs 700 per sq.ft (2024)
• Deivanai Nagar: Rs 600 per sq.ft (2024)
• Durga Nagar Part - I: Rs 1,050 per sq.ft (2024)
• Durga Nagar Part - II: Rs 1,050 per sq.ft (2024)
• Chitra Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Dhorupathi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 700 per sq.ft, the total guideline value amounts to Rs 7,00,000. The stamp duty at 7% would be Rs 49,000, and the registration fee at 2% would be Rs 14,000. Together, the total cost for these fees would be Rs 63,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Dhorupathi Amman Nagar?

The Dhorupathi Amman Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Atanancheri. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When a buyer approaches the registration office, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded accurately in accordance with government regulations.

Frequently asked questions

What is the current guideline value of Dhorupathi Amman Nagar?

The current guideline value of Dhorupathi Amman Nagar is Rs 700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 700 per sq.ft in both 2023 and 2024. The value was Rs 469 per sq.ft in 2017 and Rs 160 per sq.ft in 2007.

What are the other streets in Atanancheri with guideline values?

Other streets in Atanancheri include Dhinesh Avenue at Rs 500 per sq.ft, Dr.Jayasingh Nagar-I,II at Rs 700 per sq.ft, and Durga Nagar Part - I and II at Rs 1,050 per sq.ft.

What fees are associated with property registration in Dhorupathi Amman Nagar?

The fees associated with property registration include stamp duty, which is 7% of the guideline value, and a registration fee of 2% of the guideline value. Together, these fees can add up significantly based on the property's size and value.

Where can I find the Sub Registrar Office for Dhorupathi Amman Nagar?

The Gooduvancheri Sub Registrar Office covers Dhorupathi Amman Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.