Guideline Value for Durai Sampath Road

Durai Sampath Road guideline value

The current guideline value of Durai Sampath Road is Rs 3,300 per sq.ft, effective from 1 July 2024. This road is located in Koyakbedu village, under the AnnaNagar SRO, and is classified as Residential Class I Type - III.

How the guideline value of Durai Sampath Road has changed

The guideline value for Durai Sampath Road has seen several revisions over the years. In 2007, the value was Rs 1,500 per sq.ft, which increased to Rs 3,000 per sq.ft in 2012, marking a significant rise of 100%. However, from 2012 to 2017, the value decreased to Rs 2,010 per sq.ft, a reduction of 33%. The value then increased sharply to Rs 3,000 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value at Rs 3,300 per sq.ft, representing a 10% increase from the previous year.

There are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 120%.

Guideline values in Koyakbedu

Koyakbedu has a total of 270 streets under the AnnaNagar SRO, with 2024 guideline values ranging from Rs 2,200 to Rs 16,500 per sq.ft. The median value for these streets is Rs 4,400 per sq.ft, which means that Durai Sampath Road's 2024 guideline value is below that median.

• East Mada Street: Rs 3,300 per sq.ft (2024)
• Elangovadikal Street: Rs 3,300 per sq.ft (2024)
• Dr.Ambedkar Nagar: Rs 3,300 per sq.ft (2024)
• Engineer Sampath Garden: Rs 3,300 per sq.ft (2024)
• E.V.R. Periyar Street: Rs 3,300 per sq.ft (2024)
• Gandhi Street: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Durai Sampath Road

For a 1,000 sq.ft plot at the current rate of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Durai Sampath Road?

The Sub Registrar Office that covers Durai Sampath Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Koyakbedu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of Durai Sampath Road?

The current guideline value of Durai Sampath Road is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,500 per sq.ft in 2007 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of 120%.

What is the registration office for Durai Sampath Road?

The registration office for Durai Sampath Road is the AnnaNagar Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What are the stamp duty and registration fees for property in Durai Sampath Road?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

What are the guideline values for other streets in Koyakbedu?

Other streets in Koyakbedu have a guideline value of Rs 3,300 per sq.ft in 2024, including East Mada Street, Elangovadikal Street, Dr.Ambedkar Nagar, Engineer Sampath Garden, E.V.R. Periyar Street, and Gandhi Street.