Guideline Value

Corporate

Guideline Value for BHARATHIYAR 5TH LANE

₹4700/sq.ft.

The guideline value for Bharathiyar 5th Lane in Puliyur village (Kodambakkam SRO, Chennai zone) is Rs 4700 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Puliyur

Village

Kodambakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹4700 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹2881 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4300 /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)

2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.
044-24843265
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Bharathiyar 5th Lane

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Bharathiyar 5th Lane guideline value

The current guideline value of Bharathiyar 5th Lane in Puliyur village, under the Kodambakkam SRO, is Rs 4,700 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - II.

How the guideline value of Bharathiyar 5th Lane has changed

The guideline value for Bharathiyar 5th Lane has seen several revisions over the years. The 2012 revision set the value at Rs 4,300 per sq.ft, which decreased to Rs 2,881 per sq.ft in the 2017 revision, marking a decline of 33%. However, the value rebounded significantly in the 2024 revision, reaching Rs 4,700 per sq.ft, representing a 63% increase from 2017.

Overall, comparing the 2012 and 2024 revisions, there has been a slight increase of 9%. The register has no figures for the years 2023, 2007, 2003, and 2002 for this street.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO, with guideline values ranging from Rs 3,300 to Rs 14,300 per sq.ft. The median guideline value in this village is Rs 5,800 per sq.ft, indicating that Bharathiyar 5th Lane's 2024 figure is below this median.

Stamp duty and registration fee for property in Bharathiyar 5th Lane

For a 1,000 sq.ft plot at the current guideline value of Rs 4,700 per sq.ft, the total guideline value amounts to Rs 47,00,000. The stamp duty at 7% would be Rs 3,29,000, while the registration fee at 2% would be Rs 94,000. Together, the total cost for stamp duty and registration fee would be Rs 4,23,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bharathiyar 5th Lane?

The Sub Registrar Office that covers Bharathiyar 5th Lane is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Puliyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is compliant with local regulations. Buyers and sellers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bharathiyar 5th Lane?

The current guideline value of Bharathiyar 5th Lane is Rs 4,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 4,300 per sq.ft in 2012 to Rs 2,881 per sq.ft in 2017, and then increased to Rs 4,700 per sq.ft in 2024. This represents a 63% increase from 2017 to 2024 and a 9% increase overall from 2012 to 2024.

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

Other streets in Puliyur with the same guideline value of Rs 4,700 per sq.ft in 2024 include Bharathiyar 4th Lane, Bharathiyar 3rd Lane, Bharathiyar 3rd Cross Street, Bharathiyar 2nd Lane, Bharathiyar 2nd Cross Street, and Bharathiyar 1st Lane.

What is the registration fee for properties in Bharathiyar 5th Lane?

The registration fee for properties in Bharathiyar 5th Lane is calculated based on the guideline value. For instance, for a property valued at Rs 47,00,000, the registration fee would be Rs 94,000 at a rate of 2%.

Where is the Sub Registrar Office located for Bharathiyar 5th Lane?

The Sub Registrar Office covering Bharathiyar 5th Lane is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. This office handles the registration of properties in the area.