Guideline Value

Corporate

Guideline Value for BHARATHY AVENUE CROSS ROAD

₹2800/sq.ft.

The guideline value for Bharathy Avenue Cross Road in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 2800 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 12% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2800 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /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)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[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 Bharathy Avenue Cross Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Bharathy Avenue Cross Road guideline value

The current guideline value of Bharathy Avenue Cross Road is Rs 2,800 per sq.ft, effective from 1 July 2024. This street is located in Enjambakkam village under the Neelankarai SRO, classified as Residential Class II Type - I.

How the guideline value of Bharathy Avenue Cross Road has changed

The guideline value for Bharathy Avenue Cross Road has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 2,800 per sq.ft, an increase from Rs 2,500 per sq.ft in 2023, marking a 12% rise. Prior to that, in 2017, the value was Rs 1,675 per sq.ft, which shows a significant increase of 49% by 2023. The value in 2012 was Rs 2,500 per sq.ft, which was a decrease of 33% from the 2017 figure.

Overall, from 2012 to 2024, the guideline value has increased by 12%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, placing Bharathy Avenue Cross Road above that median.

Stamp duty and registration fee for property in Bharathy Avenue Cross Road

For a 1,000 sq.ft plot at the current rate of Rs 2,800 per sq.ft, the guideline value amounts to Rs 28,00,000. The stamp duty at 7% would be Rs 1,96,000, and the registration fee at 2% would be Rs 56,000, totaling Rs 2,52,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Bharathy Avenue Cross Road?

The Sub Registrar Office that covers Bharathy Avenue Cross Road is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process when buying or selling property in Enjambakkam. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are recorded accurately.

When a property is registered, the guideline value helps to standardize the pricing across different areas, making it easier for buyers and sellers to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value of Bharathy Avenue Cross Road?

The current guideline value of Bharathy Avenue Cross Road is Rs 2,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,675 per sq.ft in 2017 to Rs 2,800 per sq.ft in 2024, with various revisions in between, including a drop to Rs 2,500 per sq.ft in 2012.

What is the land classification for Bharathy Avenue Cross Road?

Bharathy Avenue Cross Road is classified as Residential Class II Type - I under the Neelankarai SRO.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Bharathy Avenue Cross Road is the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What is the stamp duty for property in Bharathy Avenue Cross Road?

The stamp duty for property in Bharathy Avenue Cross Road is 7% of the guideline value or sale price, whichever is higher. For example, for a property valued at Rs 28,00,000, the stamp duty would be Rs 1,96,000.