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

Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR (LAY OUT)

₹804/sq.ft.

The guideline value for Bharathi Nagar (lay Out) in Mukthapudupattu village (Avadi SRO, Chennai zone) is Rs 804 per sq.ft, effective 1 July 2024. It was Rs 600 per sq.ft from 1 April 2023, a 34% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mukthapudupattu

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹804 /sq.ft.
From 1-4-2023 ₹600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹140 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 ₹56 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Bharathi Nagar (lay Out)

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

Bharathi Nagar (Lay Out) guideline value

The current guideline value of Bharathi Nagar (Lay Out) in Mukthapudupattu village is Rs 804 per sq.ft, effective from 1 July 2024. This area falls under the Avadi SRO and is classified as Residential Class II Type - I.

How the guideline value of Bharathi Nagar (Lay Out) has changed

The guideline value for Bharathi Nagar (Lay Out) has undergone several revisions over the years. In 2002, the guideline value was Rs 56 per sq.ft. It increased to Rs 140 per sq.ft in 2007, marking a significant rise of 150%. The value then saw another increase to Rs 400 per sq.ft in 2012, which was a 186% rise. However, from 2012 to 2017, the value decreased to Rs 268 per sq.ft, reflecting a decline of 33%. The guideline value then surged to Rs 600 per sq.ft in 2023, a substantial increase of 124%. The most recent revision in 2024 set the value at Rs 804 per sq.ft, which is a 34% increase from the previous year.

The register has no figure for the year 2003 for this street. Overall, from 2002 to 2024, the guideline value has increased by 1336%.

Guideline values in Mukthapudupattu

In Mukthapudupattu, 37 streets under the Avadi SRO have a guideline value for 2024 ranging from Rs 800 to Rs 804 per sq.ft, with a median value of Rs 802 per sq.ft. Bharathi Nagar (Lay Out) is above this median.

Stamp duty and registration fee for property in Bharathi Nagar (Lay Out)

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value would be Rs 8,04,000. The stamp duty at 7% would be Rs 56,280, and the registration fee at 2% would be Rs 16,080, making the total cost for these fees Rs 72,360. 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 Bharathi Nagar (Lay Out)?

The Bharathi Nagar (Lay Out) area is covered by the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value serves as a benchmark for property transactions in Mukthapudupattu. When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees, ensuring that the fees are aligned with the official value set by the government.

It is essential for buyers and sellers to be aware of the guideline value, as it directly impacts the overall cost of property transactions. The guideline value is updated periodically, reflecting changes in the real estate market and local development.

Frequently asked questions

What is the current guideline value of Bharathi Nagar (Lay Out)?

The current guideline value of Bharathi Nagar (Lay Out) is Rs 804 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has seen significant changes, increasing from Rs 56 per sq.ft in 2002 to Rs 804 per sq.ft in 2024, an overall increase of 1336%.

What is the stamp duty rate for property transactions in Bharathi Nagar (Lay Out)?

The stamp duty rate for property transactions in Bharathi Nagar (Lay Out) is 7% of the guideline value or the sale price, whichever is higher.

Where is the Avadi Sub Registrar Office located?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How can I calculate the registration fees for a property in Bharathi Nagar (Lay Out)?

You can calculate the registration fees using the stamp duty and registration fee calculator available online.