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Guideline Value

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Guideline Value for BHARATHIDASAN 1ST STREET - 5TH CROSS STREET

₹1650/sq.ft.

The guideline value for Bharathidasan 1st Street - 5th Cross Street in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 1650 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1650 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Bharathidasan 1st Street - 5th Cross Street

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Bharathidasan 1st Street - 5th Cross Street guideline value

The current guideline value of Bharathidasan 1st Street - 5th Cross Street is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is located in Pallikaranai village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of Bharathidasan 1st Street - 5th Cross Street has changed

The guideline value for Bharathidasan 1st Street - 5th Cross Street has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which then decreased to Rs 1,005 per sq.ft in the 2017 revision. The 2023 revision brought the value back up to Rs 1,500 per sq.ft, and the most recent 2024 revision increased it further to Rs 1,650 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. Notably, there are no figures available for the years 2002, 2003, and 2007 for this street.

Guideline values in Pallikaranai

Pallikaranai village has a total of 749 streets under the Chennai South Joint I SRO, with the 2024 guideline values ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value is Rs 1,650 per sq.ft, which matches the current value for Bharathidasan 1st Street - 5th Cross Street.

Stamp duty and registration fee for property in Bharathidasan 1st Street - 5th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value is Rs 16,50,000. The stamp duty at 7% would amount to Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total to Rs 1,48,500. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Bharathidasan 1st Street - 5th Cross Street?

The Sub Registrar Office that covers Bharathidasan 1st Street - 5th Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process for property transactions in Pallikaranai. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that these charges are based on the official valuation of the property.

Frequently asked questions

What is the current guideline value of Bharathidasan 1st Street - 5th Cross Street?

The current guideline value of Bharathidasan 1st Street - 5th Cross Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then back to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,650 per sq.ft in 2024.

What is the land classification for this street?

The land classification for Bharathidasan 1st Street - 5th Cross Street is Residential Class IV Type - I.

What are the other streets in Pallikaranai with the same guideline value?

Other streets in Pallikaranai under the Chennai South Joint I SRO that share the same guideline value of Rs 1,650 per sq.ft include Bharathidasan 1st Street - 4th Cross Street, Bharathidasan 1st Street - 6th Cross Street, Bharathidasan 1st Street - 3rd Cross Street, Bharathidasan 1st Street - 7th Cross Street, Bharathidasan 1st Street - 2nd Cross Street, and Bharathidasan 1st Street Extn.

Where can I find more information about stamp duty and registration fees?

For more information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator available online.