Guideline Value for J.D. DURAIRAJ NAGAR 5TH STREET

J.D. Durairaj Nagar 5th Street guideline value

The current guideline value of J.D. Durairaj Nagar 5th Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Class IV Type - II.

How the guideline value of J.D. Durairaj Nagar 5th Street has changed

In the 2012 revision, the guideline value was Rs 4,000 per sq.ft. This was an increase of 10% from the previous value, leading to the current guideline value of Rs 4,400 per sq.ft in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2017, and 2023 for this street.

Thus, the only recorded revisions for J.D. Durairaj Nagar 5th Street are from 2012 to 2024, reflecting a significant increase in the guideline value over that period.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value in this area is Rs 5,800 per sq.ft, making the 2024 figure for J.D. Durairaj Nagar 5th Street below this median.

• J.D. Durairaj Nagar 4th Street: Rs 4,400 per sq.ft (2024)
• J.D. Durairaj Nagar 6th Street: Rs 4,400 per sq.ft (2024)
• J.D. Durairaj Nagar 3rd Street: Rs 4,400 per sq.ft (2024)
• J.D. Durairaj Nagar 7th Street: Rs 4,400 per sq.ft (2024)
• J.D. Durairaj Nagar 2nd Street: Rs 4,400 per sq.ft (2024)
• J.D. Durairaj Nagar 8th Street: Rs 4,400 per sq.ft (2024)

Stamp duty and registration fee for property in J.D. Durairaj Nagar 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total charges to Rs 3,96,000. 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 details.

Which Sub Registrar Office covers J.D. Durairaj Nagar 5th Street?

The Sub Registrar Office that covers J.D. Durairaj Nagar 5th Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. For more information, you can find your SRO.

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

The guideline value is a critical factor in the registration process when buying or selling property in Puliyur. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the guideline value serves as a benchmark for determining the sale price. Buyers and sellers must be aware of this value to ensure compliance with registration norms and to calculate the financial implications accurately.

Frequently asked questions

What is the current guideline value of J.D. Durairaj Nagar 5th Street?

The current guideline value of J.D. Durairaj Nagar 5th Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 4,000 per sq.ft in 2012 to Rs 4,400 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2017, and 2023 for this street.

What is the land classification of J.D. Durairaj Nagar 5th Street?

J.D. Durairaj Nagar 5th Street is classified as Residential Class IV Type - II under the Kodambakkam SRO.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, which is higher than the current guideline value of J.D. Durairaj Nagar 5th Street.

Where is the Sub Registrar Office for J.D. Durairaj Nagar 5th Street located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.