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Guideline Value

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Guideline Value for Kale II Presently as known as Dhara Avenue

₹1210/sq.ft.

The guideline value for Kale Ii Presently As Known As Dhara Avenue in Pazhanthandalam village (Padappai SRO, Chennai zone) is Rs 1210 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pazhanthandalam

Village

Padappai

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹1210 /sq.ft.
From 1-4-2023 ₹1100 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Kale Ii Presently As Known As Dhara Avenue

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Kale II Presently as known as Dhara Avenue guideline value

The current guideline value of Kale II Presently as known as Dhara Avenue is Rs 1,210 per sq.ft, effective from 1 July 2024. This property is located in Pazhanthandalam village and falls under the Padappai SRO. The land classification for this area is Mixed Type - I.

How the guideline value of Kale II Presently as known as Dhara Avenue has changed

The guideline value for Kale II Presently as known as Dhara Avenue has undergone several revisions over the years. In 2012, the guideline value was Rs 1,500 per sq.ft, which decreased to Rs 1,005 per sq.ft in 2017. This marked a significant drop of 33%. The value then increased to Rs 1,100 per sq.ft in 2023, reflecting a rise of 9%. As of the 2024 revision, the guideline value stands at Rs 1,210 per sq.ft, showing a 10% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, the guideline value has decreased by 19% from the 2012 figure to the current 2024 figure.

Guideline values in Pazhanthandalam

Pazhanthandalam village has a total of 57 streets under the Padappai SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 1,980 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for Kale II Presently as known as Dhara Avenue is above this median.

Stamp duty and registration fee for property in Kale II Presently as known as Dhara Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value would be Rs 12,10,000. The stamp duty at 7% would amount to Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total fees to Rs 1,08,900. 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 precise calculations based on your property details.

Which Sub Registrar Office covers Kale II Presently as known as Dhara Avenue?

The Sub Registrar Office that covers Kale II Presently as known as Dhara Avenue is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Pazhanthandalam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When you register a property, the authorities will assess the guideline value to calculate the applicable fees. This ensures that the transaction is recorded accurately and in accordance with the prevailing regulations.

Frequently asked questions

What is the current guideline value of Kale II Presently as known as Dhara Avenue?

The current guideline value of Kale II Presently as known as Dhara Avenue is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,210 per sq.ft in 2024, reflecting an overall decrease of 19%. The most recent increase was from Rs 1,100 per sq.ft in 2023 to Rs 1,210 per sq.ft in 2024.

What is the land classification for this area?

The land classification for Kale II Presently as known as Dhara Avenue is Mixed Type - I.

What are the stamp duty rates for properties in this area?

The stamp duty for properties in Kale II Presently as known as Dhara Avenue is charged at 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Kale II Presently as known as Dhara Avenue is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.