Guideline Value for South Dhandapani Street

South Dhandapani Street guideline value

The current guideline value for South Dhandapani Street is not published, with the last notified rate being Rs 12,000 per sq.ft during the 2012 revision. This street is located in Tnagar village and falls under the Thiyagaraya nagar SRO. There is no specific land classification provided for this street.

How the guideline value of South Dhandapani Street has changed

In the 2007 revision, the guideline value for South Dhandapani Street was Rs 3,000 per sq.ft. This figure saw a significant increase in the 2012 revision, where it was raised to Rs 12,000 per sq.ft, marking a change of +300%. There are no figures available for the revisions in 2024, 2023, 2017, 2003, and 2002 for this street.

To summarize the revisions, the only available figures are from 2007 and 2012, with the latter reflecting a substantial increase from the previous rate. The absence of figures in the more recent years indicates that the guideline value for South Dhandapani Street has not been updated since 2012.

Guideline values in Tnagar

In Tnagar village, there are 262 streets under the Thiyagaraya nagar SRO that carry a 2024 figure ranging from Rs 4,400 to Rs 27,500 per sq.ft, with the median being Rs 11,000 per sq.ft. South Dhandapani Street's last known guideline value is Rs 12,000 per sq.ft from 2012, which is in line with the median value of the area.

• South Dhandapani Street / Dhandapani Street: Rs 13,200 per sq.ft (2024)
• South Boag Road (Southern Side Of Thiagaraya Road): Rs 14,300 per sq.ft (2024)
• South Boag Road Mtb Scheme: Rs 7,700 per sq.ft (2024)
• Soundarajan Street: Rs 6,600 per sq.ft (2024)
• South West Boag Road: Rs 11,000 per sq.ft (2024)
• Somasundaram Pillai Street: Rs 11,000 per sq.ft (2024)

Stamp duty and registration fee for property in South Dhandapani Street

As there is no current rate for South Dhandapani Street, a worked example cannot be provided. However, it is important to note that stamp 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 accurate calculations.

Which Sub Registrar Office covers South Dhandapani Street?

The Sub Registrar Office that covers South Dhandapani Street is the Thiyagaraya nagar Sub Registrar Office, located at 27/14, Vetnari Hospital Road, Panpet Nandhanam, Chennai-35. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Tnagar. It serves as a reference point for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When you register a property, the guideline value is compared to the sale price, and stamp duty is charged on the higher of the two. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for South Dhandapani Street?

The current guideline value for South Dhandapani Street is not published. The last known rate was Rs 12,000 per sq.ft from the 2012 revision.

How has the guideline value changed over the years?

The guideline value for South Dhandapani Street was Rs 3,000 per sq.ft in 2007 and increased to Rs 12,000 per sq.ft in 2012. There are no figures available for the years 2024, 2023, 2017, 2003, and 2002.

What are the guideline values for other streets in Tnagar?

In Tnagar, the guideline values for other streets vary significantly, with rates ranging from Rs 4,400 to Rs 27,500 per sq.ft. The median value for the area is Rs 11,000 per sq.ft.

Where can I find the Sub Registrar Office for South Dhandapani Street?

The Thiyagaraya nagar Sub Registrar Office covers South Dhandapani Street and is located at 27/14, Vetnari Hospital Road, Panpet Nandhanam, Chennai-35.

How is the stamp duty calculated for properties in Tnagar?

Stamp duty in Tnagar is calculated based on the higher of the guideline value and the sale price of the property. This ensures that the correct amount of tax is collected during the registration process.