Guideline Value

Corporate

Guideline Value for Bharathi Nagar Part -I

₹1000/sq.ft.

The guideline value for Bharathi Nagar Part -i in Adhanoor village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1000 per sq.ft, effective 1 July 2024. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Adhanoor

Village

Gooduvancheri

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1000 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Bharathi Nagar Part -i

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Bharathi Nagar Part -I guideline value

The current guideline value for Bharathi Nagar Part -I in Adhanoor village is Rs 1,000 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - I.

How the guideline value of Bharathi Nagar Part -I has changed

The guideline value for Bharathi Nagar Part -I has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,000 per sq.ft, which was a significant increase from Rs 670 per sq.ft in the 2017 revision. The value remained unchanged at Rs 1,000 per sq.ft in the 2023 revision and continues to be the same in the 2024 revision, indicating no percentage change between 2023 and 2024.

Looking back further, the 2012 revision marked a return to Rs 1,000 per sq.ft after a decrease from the 2017 figure. The overall change from 2012 to 2024 shows no increase, as the value has consistently been Rs 1,000 per sq.ft since 2012, except for the 2017 revision where it dropped to Rs 670 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Adhanoor

In Adhanoor, there are 169 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 670 to Rs 3,000 per sq.ft, with the median value being Rs 1,000 per sq.ft. Bharathi Nagar Part -I's guideline value aligns with this median at Rs 1,000 per sq.ft.

Stamp duty and registration fee for property in Bharathi Nagar Part -I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Bharathi Nagar Part -I?

Bharathi Nagar Part -I is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when buying or selling property in Adhanoor, as it determines the minimum value at which the property must be registered. This value is used to calculate the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is equal to or greater than the guideline value. This ensures that the appropriate taxes are paid, and the transaction is legally recognized. The guideline value serves as a benchmark for property transactions within the region.

Frequently asked questions

What is the current guideline value of Bharathi Nagar Part -I?

The current guideline value of Bharathi Nagar Part -I is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,000 per sq.ft since the 2012 revision, with a previous drop to Rs 670 per sq.ft in 2017. The value has not changed from 2023 to 2024.

What is the land classification for Bharathi Nagar Part -I?

Bharathi Nagar Part -I is classified as Residential Special Type - I, indicating its suitability for residential development.

Where can I find the registration office for Bharathi Nagar Part -I?

The registration office for Bharathi Nagar Part -I is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is stamp duty calculated for properties in Bharathi Nagar Part -I?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 10,00,000, the stamp duty at 7% would be Rs 70,000.