Guideline Value for HOUSE OF PALISADE BY DAC

House Of Palisade By Dac guideline value

The current guideline value of House Of Palisade By Dac is Rs 4,000 per sq.ft. It is located in Jelandianpettai village under the Chennai South Joint I SRO, classified as Residential Class V Type - II.

How the guideline value of House Of Palisade By Dac has changed

The guideline value for House Of Palisade By Dac has seen revisions in the past. The register has no figure for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 4,000 per sq.ft, which remained unchanged in the 2024 revision, effective from 1 July 2024.

From 2023 to 2024, there was a change of +0%, maintaining the guideline value at Rs 4,000 per sq.ft. This consistency indicates stability in the valuation for this property.

Guideline values in Jelandianpettai

In Jelandianpettai, there are 248 streets under the Chennai South Joint I SRO with a 2024 guideline value range from Rs 1,320 to Rs 7,500 per sq.ft. The median guideline value for these streets is Rs 2,200 per sq.ft, placing House Of Palisade By Dac's value above this median.

• Indira Gandhi Cross Street: Rs 2,200 per sq.ft (2024)
• Indira Gandhi Street: Rs 2,200 per sq.ft (2024)
• Grama Mayana Salai: Rs 1,320 per sq.ft (2024)
• Isha Homes: Rs 2,750 per sq.ft (2024)
• Govindhan Nagar: Rs 1,320 per sq.ft (2024)
• Jaganathan Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in House Of Palisade By Dac

For a 1,000 sq.ft plot at the current rate of Rs 4,000 per sq.ft, the guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, totaling Rs 3,60,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers House Of Palisade By Dac?

The House Of Palisade By Dac falls under the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value plays a crucial role during property registration in Jelandianpettai. It is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded at a fair valuation.

When buying or selling property, the guideline value helps in assessing the legal and financial obligations associated with the transaction. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of House Of Palisade By Dac?

The current guideline value of House Of Palisade By Dac is Rs 4,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for House Of Palisade By Dac has remained at Rs 4,000 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification of House Of Palisade By Dac?

House Of Palisade By Dac is classified as Residential Class V Type - II. This classification is important for understanding the property's usage and valuation.

Where is the Sub Registrar Office for House Of Palisade By Dac located?

The Sub Registrar Office covering House Of Palisade By Dac is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is the stamp duty calculated for properties in Jelandianpettai?

Stamp duty for properties in Jelandianpettai is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 40,00,000 would incur a stamp duty of Rs 2,80,000 at 7%.