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Guideline Value

Corporate

Guideline Value for BHARATHI NAGAR 1ST CROSS STREET 3RD JOINT

₹2200/sq.ft.

The guideline value for Bharathi Nagar 1st Cross Street 3rd Joint in Sholinganallur - 1 village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sholinganallur - 1

Village

Neelankarai

SRO

Residential Class II Type - III
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 1st Cross Street 3rd Joint

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Bharathi Nagar 1st Cross Street 3rd Joint guideline value

The current guideline value of Bharathi Nagar 1st Cross Street 3rd Joint is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in the village of Sholinganallur - 1 under the Neelankarai SRO, classified as Residential Class II Type - III.

How the guideline value of Bharathi Nagar 1st Cross Street 3rd Joint has changed

The guideline value register shows no figures for Bharathi Nagar 1st Cross Street 3rd Joint for the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 2,200 per sq.ft.

As there are no figures available for the previous years, the only current rate is from the 2024 revision. Therefore, there have been no changes between the revisions listed above.

Guideline values in Sholinganallur - 1

In Sholinganallur - 1, there are 754 streets under the Neelankarai SRO that carry a 2024 guideline value, ranging from Rs 1,000 to Rs 8,800 per sq.ft. The median value is Rs 2,200 per sq.ft, which is equal to the guideline value of Bharathi Nagar 1st Cross Street 3rd Joint.

Stamp duty and registration fee for property in Bharathi Nagar 1st Cross Street 3rd Joint

For a 1,000 sq.ft plot at the current rate of Rs 2,200 per sq.ft, the guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. 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 Bharathi Nagar 1st Cross Street 3rd Joint?

The Bharathi Nagar 1st Cross Street 3rd Joint is covered by the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sholinganallur - 1

The guideline value is an important factor in the registration process when buying or selling property in Sholinganallur - 1. It is used to determine the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair price, based on the current market conditions as reflected in the official register. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Bharathi Nagar 1st Cross Street 3rd Joint?

The current guideline value of Bharathi Nagar 1st Cross Street 3rd Joint is Rs 2,200 per sq.ft, effective from 1 July 2024.

Which Sub Registrar Office is responsible for Bharathi Nagar 1st Cross Street 3rd Joint?

The Neelankarai Sub Registrar Office is responsible for Bharathi Nagar 1st Cross Street 3rd Joint, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is the stamp duty calculated for properties in Bharathi Nagar 1st Cross Street 3rd Joint?

Stamp duty for properties in Bharathi Nagar 1st Cross Street 3rd Joint is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable.

Are there any previous guideline value figures for this street?

No, the guideline value register shows no figures for Bharathi Nagar 1st Cross Street 3rd Joint for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What is the land classification of Bharathi Nagar 1st Cross Street 3rd Joint?

Bharathi Nagar 1st Cross Street 3rd Joint is classified as Residential Class II Type - III.