Guideline Value for Udhaya Dinesh Nagar

Udhaya Dinesh Nagar guideline value

The current guideline value of Udhaya Dinesh Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Mannoor village, under the Sriperumpudur SRO, and is classified as Residential Class III Type - I.

How the guideline value of Udhaya Dinesh Nagar has changed

Over the years, the guideline value of Udhaya Dinesh Nagar has seen several revisions. The 2007 revision recorded a value of Rs 65 per sq.ft, which increased significantly to Rs 200 per sq.ft in the 2012 revision. However, the value dropped to Rs 134 per sq.ft in the 2017 revision, before returning to Rs 200 per sq.ft in both the 2023 and 2024 revisions. The register has no figure for this street for the years 2002 and 2003.

In terms of percentage changes, from 2007 to 2012, the guideline value increased by 208%. It then decreased by 33% from 2012 to 2017. The value saw a substantial increase of 49% from 2017 to 2023, but remained unchanged from 2023 to 2024, reflecting a 0% change.

Guideline values in Mannoor

In Mannoor village, there are 56 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 1,500 per sq.ft, with a median value of Rs 250 per sq.ft. Udhaya Dinesh Nagar's 2024 figure is below this median.

• Vairavar Nagar: Rs 200 per sq.ft (2024)
• Thiruvalluvar Nagar: Rs 250 per sq.ft (2024)
• Thiru Nagar: Rs 250 per sq.ft (2024)
• Thirumurugan Nagar: Rs 200 per sq.ft (2024)
• Veeralaxmi Nagar: Rs 250 per sq.ft (2024)
• Tharani Grand: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Udhaya Dinesh Nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. 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 Udhaya Dinesh Nagar?

The Sub Registrar Office that covers Udhaya Dinesh Nagar is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Mannoor. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property. The guideline value is set by the government and is updated periodically to reflect changes in the market.

When registering a property, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the registration reflects the true value of the property being transferred.

Frequently asked questions

What is the current guideline value of Udhaya Dinesh Nagar?

The current guideline value of Udhaya Dinesh Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 65 per sq.ft in 2007 to Rs 200 per sq.ft in 2012, then decreased to Rs 134 per sq.ft in 2017, and returned to Rs 200 per sq.ft in 2023 and 2024.

What is the median guideline value in Mannoor?

The median guideline value in Mannoor is Rs 250 per sq.ft for the year 2024.

What are the stamp duty and registration fees for properties in Udhaya Dinesh Nagar?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 2,00,000, the total fees would amount to Rs 18,000.

Which office handles property registration for Udhaya Dinesh Nagar?

The Sriperumpudur Sub Registrar Office handles property registration for Udhaya Dinesh Nagar, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.