Guideline Value for BHARATHIYAR NAGAR

Bharathiyar Nagar guideline value

The current guideline value of Bharathiyar Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Podaturpet village under the Pallipattu SRO, classified as Residential Class II Type - I.

How the guideline value of Bharathiyar Nagar has changed

The guideline value for Bharathiyar Nagar has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 200 per sq.ft, which is the same as the 2023 revision. Prior to that, the 2017 revision recorded a value of Rs 134 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2017 to 2024, it has also increased by 49%. The consistent value of Rs 200 per sq.ft from 2023 to 2024 indicates no change in the guideline value during that period.

Guideline values in Podaturpet

In Podaturpet, there are 47 streets under the Pallipattu SRO that carry a guideline value for 2024, ranging from Rs 100 to Rs 300 per sq.ft. The median value for these streets is Rs 250 per sq.ft, placing Bharathiyar Nagar's 2024 figure below this median.

• Bazaar Street: Rs 300 per sq.ft (2024)
• Dahrma Raja Koil Street: Rs 200 per sq.ft (2024)
• Baggyammal Nagar: Rs 300 per sq.ft (2024)
• Dhandu Mariyamman Koil Street: Rs 200 per sq.ft (2024)
• Easu Nadhar Street: Rs 200 per sq.ft (2024)
• E.S.T. Nagar 1 St Street: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathiyar Nagar

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bharathiyar Nagar?

The Sub Registrar Office that covers Bharathiyar Nagar is the Pallipattu Sub Registrar Office, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone.

You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Podaturpet. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

Frequently asked questions

What is the current guideline value of Bharathiyar Nagar?

The current guideline value of Bharathiyar Nagar is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 134 per sq.ft in 2017 to Rs 200 per sq.ft in both 2023 and 2024, marking a 49% increase over this period.

What is the median guideline value for streets in Podaturpet?

The median guideline value for the 47 streets in Podaturpet is Rs 250 per sq.ft, with Bharathiyar Nagar's value being below this median.

What are the stamp duty and registration fees for property in Bharathiyar Nagar?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles property registrations for Bharathiyar Nagar?

The Pallipattu Sub Registrar Office handles property registrations for Bharathiyar Nagar, located at Nagiri Road, Surajapettai, Pallipattu Taluk, Thiruvallur District-631 207, Chennai registration zone.