Guideline Value for BHARATHI NAGAR @ GOMATHI AMMAN NAGAR

Bharathi Nagar @ Gomathi Amman Nagar guideline value

The current guideline value for Bharathi Nagar @ Gomathi Amman Nagar is Rs 300 per sq.ft. This area is located in Punnappattu village and falls under the Tiruvallur Joint 1 SRO. The land classification is Residential Special Type - III.

How the guideline value of Bharathi Nagar @ Gomathi Amman Nagar has changed

The guideline value for Bharathi Nagar @ Gomathi Amman Nagar has undergone several revisions over the years. The register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2024. The most recent revision in 2023 set the guideline value at Rs 300 per sq.ft.

Since there are no figures available for the previous revisions, it is noted that the guideline value has remained at Rs 300 per sq.ft since the 2023 revision. No changes have been recorded between the revisions listed above.

Guideline values in Punnappattu

Currently, there are no specific village figures provided for Punnappattu. Bharathi Nagar @ Gomathi Amman Nagar is the only street mentioned in the context of the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Bharathi Nagar @ Gomathi Amman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, bringing the total fees to Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bharathi Nagar @ Gomathi Amman Nagar?

The Bharathi Nagar @ Gomathi Amman Nagar area is covered by the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Punnappattu. It serves as a benchmark for calculating the stamp duty and registration fees that must be paid during the transaction process.

When you buy or sell property, the guideline value ensures that the transaction is recorded at a fair value as determined by the government. This helps in maintaining transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value of Bharathi Nagar @ Gomathi Amman Nagar?

The current guideline value of Bharathi Nagar @ Gomathi Amman Nagar is Rs 300 per sq.ft as per the 2023 revision.

What is the land classification for Bharathi Nagar @ Gomathi Amman Nagar?

The land classification for Bharathi Nagar @ Gomathi Amman Nagar is Residential Special Type - III.

How is the stamp duty calculated for property in Bharathi Nagar @ Gomathi Amman Nagar?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would be Rs 21,000 based on the current guideline value.

Which Sub Registrar Office covers Bharathi Nagar @ Gomathi Amman Nagar?

The Tiruvallur Joint 1 Sub Registrar Office covers Bharathi Nagar @ Gomathi Amman Nagar, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

Are there any other streets in Punnappattu with guideline values?

Currently, there are no other streets in Punnappattu listed with guideline values in the available register.