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Guideline Value

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Guideline Value for BHARATHIYAR ST (M.T.H.ROAD SOUTHERN SIDE)

₹988/sq.ft.

The guideline value for Bharathiyar St (m.t.h.road Southern Side) in Thandurai village (Avadi SRO, Chennai zone) is Rs 988 per sq.ft, effective 1 July 2024. It was Rs 900 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thandurai

Village

Avadi

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹988 /sq.ft.
From 1-4-2023 ₹900 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹603 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹900 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 St (m.t.h.road Southern Side)

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Bharathiyar St (M.T.H.Road Southern Side) guideline value

The current guideline value of Bharathiyar St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024. This street is located in Thandurai village and falls under the Avadi SRO, classified as Residential Class II Type - I.

How the guideline value of Bharathiyar St (M.T.H.Road Southern Side) has changed

The guideline value for Bharathiyar St has undergone several revisions over the years. The earliest recorded value was Rs 900 per sq.ft in 2012, which then decreased to Rs 603 per sq.ft in 2017. Following that, the value increased significantly to Rs 900 per sq.ft in 2023, and the latest revision in 2024 set the value at Rs 988 per sq.ft, marking a 10% increase from the previous year. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, the guideline value decreased by 33%, but from 2017 to 2023, it rose by 49%. Overall, from 2012 to 2024, there has been a 10% increase in the guideline value. The current figure aligns with the median value of Rs 988 per sq.ft for the 331 streets in Thandurai under the Avadi SRO.

Guideline values in Thandurai

In Thandurai, the guideline values range from Rs 800 to Rs 2,640 per sq.ft, with the median being Rs 988 per sq.ft. Bharathiyar St (M.T.H.Road Southern Side) matches this median value. Here are some other streets in Thandurai:

Stamp duty and registration fee for property in Bharathiyar St (M.T.H.Road Southern Side)

For a 1,000 sq.ft plot at the current guideline value of Rs 988 per sq.ft, the total guideline value would be Rs 9,88,000. The stamp duty at 7% would amount to Rs 69,160, and the registration fee at 2% would be Rs 19,760, totaling Rs 88,920. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers Bharathiyar St (M.T.H.Road Southern Side)?

The Sub Registrar Office that covers Bharathiyar St (M.T.H.Road Southern Side) is the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Thandurai. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees payable at the time of registration. This ensures that all transactions are conducted transparently and in accordance with the established values set by the Registration Department.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of the transaction. The guideline value is updated periodically, and staying informed about these changes can help in making well-informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Bharathiyar St (M.T.H.Road Southern Side)?

The current guideline value of Bharathiyar St (M.T.H.Road Southern Side) is Rs 988 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2012 to Rs 603 per sq.ft in 2017, then increased to Rs 900 per sq.ft in 2023, and finally to Rs 988 per sq.ft in 2024.

What is the land classification for Bharathiyar St?

Bharathiyar St (M.T.H.Road Southern Side) is classified as Residential Class II Type - I.

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

Several other streets in Thandurai also have a guideline value of Rs 988 per sq.ft, including Bharathiyar St Kamarajapuram, Bharathiyar Nagar, and Bharathi St Thiruvallur St, among others.

Where can I find the Sub Registrar Office for Bharathiyar St?

The Sub Registrar Office for Bharathiyar St (M.T.H.Road Southern Side) is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.