Guideline Value for BHARATHIYAR STREET

Bharathiyar Street guideline value

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

How the guideline value of Bharathiyar Street has changed

The guideline value for Bharathiyar Street has undergone several revisions over the years. In 2007, the value was Rs 1,200 per sq.ft, which increased significantly to Rs 4,300 per sq.ft in 2012, marking a substantial rise of 258%. However, from 2012 to 2017, the value decreased to Rs 2,881 per sq.ft, a drop of 33%. The most recent revision in 2024 saw the guideline value rise to Rs 4,700 per sq.ft, reflecting an increase of 63% from the 2017 figure.

It is important to note that there are no figures available for the years 2023, 2003, and 2002 for this street. Overall, comparing the 2007 and 2024 revisions, the guideline value has increased by 292%.

Guideline values in Puliyur

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

• Bharathiyar 5th Lane: Rs 4,700 per sq.ft (2024)
• Bharathiyar 4th Lane: Rs 4,700 per sq.ft (2024)
• Bharathiyar 3rd Lane: Rs 4,700 per sq.ft (2024)
• Bharathiyar 3rd Cross Street: Rs 4,700 per sq.ft (2024)
• Bharathiyar 2nd Lane: Rs 4,700 per sq.ft (2024)
• Bharathiyar 2nd Cross Street: Rs 4,700 per sq.ft (2024)

Stamp duty and registration fee for property in Bharathiyar Street

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, and the registration fee at 2% would be Rs 94,000, making the total cost for these fees 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, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathiyar Street?

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

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.

Frequently asked questions

What is the current guideline value of Bharathiyar Street?

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

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2007 to Rs 4,700 per sq.ft in 2024, reflecting an overall increase of 292% over the years.

What are the stamp duty and registration fees for a property on Bharathiyar Street?

For a 1,000 sq.ft property, the total guideline value is Rs 47,00,000. The stamp duty at 7% is Rs 3,29,000, and the registration fee at 2% is Rs 94,000, totaling Rs 4,23,000 for these fees.

Which Sub Registrar Office covers Bharathiyar Street?

The Kodambakkam Sub Registrar Office covers Bharathiyar Street, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026.

What is the median guideline value in Puliyur?

The median guideline value in Puliyur is Rs 5,800 per sq.ft, indicating that Bharathiyar Street's 2024 figure is below this median.