Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Bharathi Salai (Pycrofts Road)

₹14300/sq.ft.

The guideline value for Bharathi Salai (pycrofts Road) in Triplicane village (Triplicane SRO, Chennai zone) is Rs 14300 per sq.ft, effective 1 July 2024. It was Rs 13000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - Iv. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Triplicane

Village

Triplicane

SRO

Commercial Special Type - IV
History
Period Guideline Value
From 1-7-2024 ₹14300 /sq.ft.
From 1-4-2023 ₹13000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹8710 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹13000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 ₹2000 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1610 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28611761
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Bharathi Salai (pycrofts 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

Bharathi Salai (Pycrofts Road) guideline value

The current guideline value of Bharathi Salai (Pycrofts Road) is Rs 14,300 per sq.ft, effective from 1 July 2024. This street is located in Triplicane village and falls under the Triplicane SRO. The land classification for this area is Commercial Special Type - IV.

How the guideline value of Bharathi Salai (Pycrofts Road) has changed

The guideline value for Bharathi Salai (Pycrofts Road) has undergone several revisions over the years. The earliest recorded figure is from 2002, which was Rs 1,610 per sq.ft. This increased to Rs 2,000 per sq.ft in 2003, marking a 24% rise. However, there is no figure available for the year 2007. In 2012, the value returned to Rs 13,000 per sq.ft, a significant drop of 33% from the previous revision. By 2017, the value increased to Rs 8,710 per sq.ft, and then rose sharply to Rs 13,000 per sq.ft in 2023, reflecting a 49% increase. The most recent revision in 2024 set the value at Rs 14,300 per sq.ft, which is a 10% increase from 2023.

Overall, from 2002 to 2024, the guideline value has increased by 788%. The changes in the guideline value reflect the various economic factors affecting property prices over the years.

Guideline values in Triplicane

In Triplicane, there are 415 streets under the Triplicane SRO, with the 2024 guideline values ranging from Rs 2,700 to Rs 20,900 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, placing Bharathi Salai (Pycrofts Road) above this median.

Stamp duty and registration fee for property in Bharathi Salai (Pycrofts Road)

For a 1,000 sq.ft plot at the current guideline value, the total guideline value amounts to Rs 1,43,00,000. The stamp duty at 7% would be Rs 10,01,000, and the registration fee at 2% would be Rs 2,86,000, bringing the total cost for these fees to Rs 12,87,000. It is important to note that 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 Bharathi Salai (Pycrofts Road)?

The Sub Registrar Office that covers Bharathi Salai (Pycrofts Road) is located at No.182 Bharati Salai (Pycrofts Road), Royapettah, Chennai-600014, within the Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration of property transactions in Triplicane. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the established value of the property.

When buying or selling property, the guideline value helps in assessing the fair value of the transaction, ensuring compliance with regulatory requirements. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bharathi Salai (Pycrofts Road)?

The current guideline value of Bharathi Salai (Pycrofts Road) is Rs 14,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, from Rs 1,610 per sq.ft in 2002 to Rs 14,300 per sq.ft in 2024, reflecting a total increase of 788% over the years.

What is the land classification for Bharathi Salai (Pycrofts Road)?

The land classification for Bharathi Salai (Pycrofts Road) is Commercial Special Type - IV.

Where can I find the Sub Registrar Office for Bharathi Salai (Pycrofts Road)?

The Sub Registrar Office is located at No.182 Bharati Salai (Pycrofts Road), Royapettah, Chennai-600014. This office handles the registration of properties in this area.

How is stamp duty calculated for properties in Bharathi Salai (Pycrofts Road)?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 1,43,00,000, the stamp duty at 7% would amount to Rs 10,01,000.