Guideline Value for Dinesh Nagar Main Road

Dinesh Nagar Main Road guideline value

The current guideline value of Dinesh Nagar Main Road is Rs 1,300 per sq.ft, effective from 1 July 2024. This road is located in 44.Ayanambakkam village, under the Konnur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Dinesh Nagar Main Road has changed

The guideline value for Dinesh Nagar Main Road has seen significant changes over the years. The 2017 revision recorded a value of Rs 804 per sq.ft, which then increased to Rs 1,200 per sq.ft in the 2023 revision. The latest revision in 2024 has set the value at Rs 1,300 per sq.ft, marking an 8% increase from the previous year. Overall, from 2017 to 2024, there has been a 62% increase in the guideline value.

It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The revisions show a 49% increase from 2017 to 2023, indicating a steady rise in the guideline value over the years.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 9,702 per sq.ft. The median guideline value for these streets is Rs 1,300 per sq.ft, which is equal to the current value for Dinesh Nagar Main Road.

• Dinesh Nagar Gandhi Street: Rs 1,300 per sq.ft (2024)
• Dinesh Nagar Sriram Street: Rs 1,300 per sq.ft (2024)
• Dinesh Nagar Elango Street: Rs 1,300 per sq.ft (2024)
• Dinesh Nagar Thiruvallur Street: Rs 1,300 per sq.ft (2024)
• Dinesh Nagar Bharathidasan Street: Rs 1,300 per sq.ft (2024)
• Dinesh Nagar V.O.C. Street: Rs 1,300 per sq.ft (2024)

Stamp duty and registration fee for property in Dinesh Nagar Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value amounts to Rs 13,00,000. The stamp duty at 7% would be Rs 91,000, and the registration fee at 2% would be Rs 26,000, totaling Rs 1,17,000. 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 detailed calculations.

Which Sub Registrar Office covers Dinesh Nagar Main Road?

The Dinesh Nagar Main Road falls under the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is a crucial factor when registering property transactions in 44.Ayanambakkam. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property.

Frequently asked questions

What is the current guideline value of Dinesh Nagar Main Road?

The current guideline value of Dinesh Nagar Main Road is Rs 1,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 804 per sq.ft to Rs 1,300 per sq.ft in 2024, reflecting a 62% overall increase over this period.

What are the stamp duty and registration fees for property in Dinesh Nagar Main Road?

For a property valued at Rs 13,00,000, the stamp duty would be Rs 91,000 and the registration fee would be Rs 26,000, totaling Rs 1,17,000.

Which Sub Registrar Office covers Dinesh Nagar Main Road?

The Konnur Sub Registrar Office covers Dinesh Nagar Main Road, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What is the median guideline value for streets in 44.Ayanambakkam?

The median guideline value for streets in 44.Ayanambakkam is Rs 1,300 per sq.ft, which is the same as the current value for Dinesh Nagar Main Road.