Guideline Value for S.M. Doss Nagar

S.M. Doss Nagar guideline value

The current guideline value of S.M. Doss Nagar, located in the village of Sevilimadu - A, is Rs 1,100 per sq.ft. This value is effective from the 2024 revision, which falls under the Kanchipuram Joint II SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of S.M. Doss Nagar has changed

The guideline value of S.M. Doss Nagar has undergone several revisions over the years. The earliest recorded revision is from 2017, where the guideline value was Rs 670 per sq.ft. This figure increased to Rs 1,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 shows an increase to Rs 1,100 per sq.ft, representing a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sevilimadu - A

In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,200 per sq.ft. The median value among these streets is Rs 1,100 per sq.ft, which is equal to the guideline value of S.M. Doss Nagar.

• S M Doss Avenue: Rs 1,100 per sq.ft (2024)
• S M G Nagar: Rs 1,100 per sq.ft (2024)
• Sivalingam Nagar: Rs 1,100 per sq.ft (2024)
• Sri Hari Nagar: Rs 1,100 per sq.ft (2024)
• Selva vinayagar Nagar: Rs 875 per sq.ft (2024)
• Sri Mahalakshmi Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in S.M. Doss Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty charged at 7% would thus be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers S.M. Doss Nagar?

The Sub Registrar Office that covers S.M. Doss Nagar is the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.

To find your specific SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Sevilimadu - A

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

When a property transaction occurs, the stamp duty is 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 S.M. Doss Nagar?

The current guideline value of S.M. Doss Nagar is Rs 1,100 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 64% over this period.

What is the land classification of S.M. Doss Nagar?

S.M. Doss Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the other streets in Sevilimadu - A with the same guideline value?

Other streets in Sevilimadu - A with a guideline value of Rs 1,100 per sq.ft include S M Doss Avenue, S M G Nagar, Sivalingam Nagar, Sri Hari Nagar, and Sri Mahalakshmi Nagar.

Where can I find the Kanchipuram Joint II Sub Registrar Office?

The Kanchipuram Joint II Sub Registrar Office is located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.