Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for BARBAR BRIDGE 4TH LANE

₹4900/sq.ft.

The guideline value for Barbar Bridge 4th Lane in Mylapore village (Mylapore SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class V Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore

Village

Mylapore

SRO

Residential Class V Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹900 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹680 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹612 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony ,cresent Street Alwarpet,chennai -600018
044-24640344
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Barbar Bridge 4th Lane

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Barbar Bridge 4th Lane guideline value

The current guideline value of Barbar Bridge 4th Lane is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village, under the Mylapore SRO, and is classified as Residential Class V Type - II.

How the guideline value of Barbar Bridge 4th Lane has changed

Over the years, the guideline value for Barbar Bridge 4th Lane has seen significant changes. The earliest recorded revision was in 2002, where the value was Rs 612 per sq.ft. This increased to Rs 680 per sq.ft in 2003, marking an 11% rise. By 2007, the value jumped to Rs 900 per sq.ft, reflecting a 32% increase. The next revision in 2012 saw the value remain at Rs 4,500 per sq.ft, and it stayed the same through to the 2023 revision.

The most recent revision in 2024 raised the guideline value to Rs 4,900 per sq.ft, which is a 9% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 701%.

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO that have a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median value for these streets is Rs 8,800 per sq.ft, indicating that Barbar Bridge 4th Lane's 2024 figure is below this median.

Stamp duty and registration fee for property in Barbar Bridge 4th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value amounts to Rs 49,00,000. The stamp duty, calculated at 7%, would be Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, bringing the total fees to Rs 4,41,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Barbar Bridge 4th Lane?

The Barbar Bridge 4th Lane falls under the jurisdiction of the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Mylapore. It serves as a benchmark for determining the minimum price at which a property can be registered. This value is used to calculate the stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, both the buyer and seller must consider the guideline value, as it affects the overall costs involved in the transaction. It is essential to be aware of the latest revisions to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Barbar Bridge 4th Lane?

The current guideline value of Barbar Bridge 4th Lane is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 612 per sq.ft in 2002 to Rs 4,900 per sq.ft in 2024, reflecting a total increase of 701% over this period.

What is the stamp duty for property in Barbar Bridge 4th Lane?

The stamp duty for property in Barbar Bridge 4th Lane is calculated at 7% of the guideline value or sale price, whichever is higher.

Which office handles registrations for Barbar Bridge 4th Lane?

The Mylapore Sub Registrar Office handles registrations for Barbar Bridge 4th Lane, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai -600018.

What are the other streets with similar guideline values in Mylapore?

Other streets in Mylapore with a guideline value of Rs 4,900 per sq.ft in 2024 include Barbar Bridge 1st Lane, Barbar Bridge 2nd Lane, and Barbar Bridge 3rd Lane.