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Guideline Value

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Guideline Value for Bharathi Street (A.K.A.Nagar)

₹1400/sq.ft.

The guideline value for Bharathi Street (a.k.a.nagar) in Oragadam village (Ambattur SRO, Chennai zone) is Rs 1400 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Oragadam

Village

Ambattur

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1400 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1300 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Street (a.k.a.nagar)

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Bharathi Street (A.K.A.Nagar) guideline value

The current guideline value of Bharathi Street (A.K.A.Nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024. This street is located in Oragadam village under the Ambattur SRO and is classified as Residential Class III Type - I.

How the guideline value of Bharathi Street (A.K.A.Nagar) has changed

The guideline value for Bharathi Street has seen several revisions over the years. In the 2012 revision, the value was set at Rs 1,300 per sq.ft. This changed in the 2017 revision to Rs 871 per sq.ft, reflecting a decrease of 33%. The 2023 revision brought the value back up to Rs 1,300 per sq.ft, followed by a further increase to Rs 1,400 per sq.ft in the 2024 revision, marking an 8% rise.

From 2012 to 2024, the overall change in the guideline value is an increase of 8%. The 2023 to 2024 revision marked an increase of 8% as well, indicating a steady adjustment in the guideline value over recent years. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Oragadam

In Oragadam village, there are 596 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 3,500 per sq.ft, with a median value of Rs 2,200 per sq.ft. Bharathi Street's current guideline value is below this median.

Stamp duty and registration fee for property in Bharathi Street (A.K.A.Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,400 per sq.ft, the total guideline value would be Rs 14,00,000. The stamp duty at 7% would amount to Rs 98,000, and the registration fee at 2% would be Rs 28,000, bringing the total to Rs 1,26,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Bharathi Street (A.K.A.Nagar)?

The Sub Registrar Office that covers Bharathi Street (A.K.A.Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Oragadam. It is used to determine the stamp duty and registration fees that need to be paid during the buying or selling process. Buyers and sellers must consider this value to ensure compliance with legal requirements.

When registering a property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the correct amount of revenue from property transactions.

Frequently asked questions

What is the current guideline value of Bharathi Street (A.K.A.Nagar)?

The current guideline value of Bharathi Street (A.K.A.Nagar) is Rs 1,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,300 per sq.ft in 2012 to Rs 871 per sq.ft in 2017, then back to Rs 1,300 per sq.ft in 2023, and finally to Rs 1,400 per sq.ft in 2024.

What is the land classification for Bharathi Street (A.K.A.Nagar)?

Bharathi Street (A.K.A.Nagar) is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Bharathi Street (A.K.A.Nagar)?

The Sub Registrar Office for Bharathi Street (A.K.A.Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What are the other streets in Oragadam with guideline values?

Other streets in Oragadam include Bharathi Street (1, 2, 3 Cross Street V.L. Puram) at Rs 2,400 per sq.ft, Bharathi Street (Gandhi Nagar) at Rs 1,800 per sq.ft, Bharathi Street (Ram Nagar) at Rs 2,400 per sq.ft, Bharathi Street (Venkateswara Nagar) at Rs 1,600 per sq.ft, Bharathiyar Street (Ganthi Nagar) at Rs 1,800 per sq.ft, and Bharathiyar Street (Vinayagapuram) at Rs 2,400 per sq.ft.