Guideline Value for BHARATHI DASAN STREET

Bharathi Dasan Street guideline value

The current guideline value of Bharathi Dasan Street in Chinnasekkadu village, under the Thiruvottiyur SRO, is Rs 1,001 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Class II Type - I.

How the guideline value of Bharathi Dasan Street has changed

The guideline value for Bharathi Dasan Street has seen several revisions over the years. In 2002, the value was Rs 61 per sq.ft, which increased to Rs 72 per sq.ft in 2003. The value then rose significantly to Rs 200 per sq.ft in 2007, followed by a further increase to Rs 600 per sq.ft in 2012. However, there was a decrease to Rs 402 per sq.ft in 2017. The value continued to rise, reaching Rs 1,000 per sq.ft in 2023, and remains at Rs 1,001 per sq.ft in the 2024 revision, showing a change of +0% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +1541%. There are no figures available for the revisions in the years not listed for this street.

Guideline values in Chinnasekkadu

In Chinnasekkadu, there are 49 streets under the Thiruvottiyur SRO that carry a guideline value for 2024, ranging from Rs 1,000 to Rs 2,200 per sq.ft. The median value for these streets is Rs 1,100 per sq.ft, and Bharathi Dasan Street's 2024 figure is below this median.

• Balji Palayam: Rs 1,001 per sq.ft (2024)
• Chandramman Koil Street: Rs 1,300 per sq.ft (2024)
• Chandran Street: Rs 1,300 per sq.ft (2024)
• Chinna Kannu Street / Chinna Kannu Naickan Street: Rs 1,001 per sq.ft (2024)
• A.V.P. Aasaithambi Street: Rs 1,001 per sq.ft (2024)
• Devarajan Street: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathi Dasan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, and the registration fee at 2% would be Rs 20,020, bringing the total to Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi Dasan Street?

The Sub Registrar Office that covers Bharathi Dasan Street is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in property transactions in Chinnasekkadu, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the guideline value to ensure compliance with local regulations and to facilitate a smooth registration process. This value serves as a reference point for both parties during the transaction.

Frequently asked questions

What is the current guideline value of Bharathi Dasan Street?

The current guideline value of Bharathi Dasan Street is Rs 1,001 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 61 per sq.ft in 2002 to Rs 1,001 per sq.ft in 2024, reflecting an overall increase of +1541% over the years.

What is the land classification for Bharathi Dasan Street?

The land classification for Bharathi Dasan Street is Residential Class II Type - I.

What is the median guideline value in Chinnasekkadu?

The median guideline value for the streets in Chinnasekkadu is Rs 1,100 per sq.ft, while Bharathi Dasan Street's value is below this median.

Where can I find the Sub Registrar Office for Bharathi Dasan Street?

The Sub Registrar Office for Bharathi Dasan Street is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.