Guideline Value for Durgadevi Nagar 6th Steet

Durgadevi Nagar 6th Steet guideline value

The current guideline value of Durgadevi Nagar 6th Steet is Rs 1,300 per sq.ft, effective from 1 July 2024. This street is located in Tondaiarpet village under the Royapuram SRO, and it falls under the Residential Class II Type - I land classification.

How the guideline value of Durgadevi Nagar 6th Steet has changed

The guideline value register for Durgadevi Nagar 6th Steet shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision in 2024 sets the guideline value at Rs 1,300 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes recorded for this street in the guideline value register prior to the 2024 revision.

Guideline values in Tondaiarpet

In Tondaiarpet, there are 1,384 streets under the Royapuram SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 10,100 per sq.ft. The median guideline value in this area is Rs 1,600 per sq.ft, placing Durgadevi Nagar 6th Steet's 2024 figure below that median.

• Durgadevi Nagar 5th Street: Rs 1,300 per sq.ft (2024)
• Durga Devi Nagar 4th cross Street: Rs 1,300 per sq.ft (2024)
• Durga Devi Nagar 3rd cross Street: Rs 1,300 per sq.ft (2024)
• Durga Devi Nagar 2nd Cross Street: Rs 1,300 per sq.ft (2024)
• Durga Devi Nagar 1st Cross Street: Rs 1,300 per sq.ft (2024)
• East Kalmandapam Road: Rs 3,800 per sq.ft (2024)

Stamp duty and registration fee for property in Durgadevi Nagar 6th Steet

For a 1,000 sq.ft plot at the current guideline value of Rs 1,300 per sq.ft, the total guideline value would be Rs 13,00,000. The stamp duty at 7% would amount to Rs 91,000, and the registration fee at 2% would be Rs 26,000, bringing the total cost to Rs 1,17,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Durgadevi Nagar 6th Steet?

The Sub Registrar Office that covers Durgadevi Nagar 6th Steet is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021. You can find your SRO for more information.

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

The guideline value is an essential factor when registering property transactions in Tondaiarpet. It serves as a benchmark for determining the minimum value at which properties can be sold and registered.

When a property is bought or sold, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Durgadevi Nagar 6th Steet?

The current guideline value of Durgadevi Nagar 6th Steet is Rs 1,300 per sq.ft, effective from 1 July 2024.

Are there any previous guideline values for this street?

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Durgadevi Nagar 6th Steet.

What is the land classification for Durgadevi Nagar 6th Steet?

Durgadevi Nagar 6th Steet is classified under Residential Class II Type - I land classification.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 13,00,000 would incur a stamp duty of Rs 91,000 at a rate of 7%.

Where can I find the Sub Registrar Office for Durgadevi Nagar 6th Steet?

The Sub Registrar Office for Durgadevi Nagar 6th Steet is the Royapuram Sub Registrar Office, located at 535, Tondaiyarpet High Road, Near Maharani Theatre, Chennai 600021.