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Guideline Value for Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 )

₹1600/sq.ft.

The guideline value for Bharathiar St, To Pukraj Nagar Connection ( Ward No.14 ) in Madhavaram village (Madhavaram SRO, Chennai zone) is Rs 1600 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 7% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madhavaram

Village

Madhavaram

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1600 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /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)

No.7, Roja Nagar,madhavaram, Chennai-600060
044-25530001
[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 Bharathiar St, To Pukraj Nagar Connection ( Ward No.14 )

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Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 ) guideline value

The current guideline value of Bharathiar St, to Pukraj Nagar Connection (Ward No.14) is Rs 1,600 per sq.ft, effective from 1 July 2024. This street is located in Madhavaram village, under the Madhavaram SRO, and falls under the Residential Class II Type - I land classification.

How the guideline value of Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 ) has changed

The guideline value for Bharathiar St, to Pukraj Nagar Connection has seen several revisions over the years. The 2012 revision set the value at Rs 1,500 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 1,005 per sq.ft. The value then increased to Rs 1,500 per sq.ft in 2012, before rising to Rs 1,500 per sq.ft in 2023. The most recent revision in 2024 has increased the guideline value to Rs 1,600 per sq.ft, representing a 7% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 7%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Madhavaram

In Madhavaram, there are 1,946 streets under the Madhavaram SRO, with the 2024 guideline values ranging from Rs 1,300 to Rs 7,500 per sq.ft. The median guideline value is Rs 1,600 per sq.ft, which matches the current value for Bharathiar St, to Pukraj Nagar Connection.

Stamp duty and registration fee for property in Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 )

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. The duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 )?

The Madhavaram Sub Registrar Office covers Bharathiar St, to Pukraj Nagar Connection (Ward No.14). The office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Madhavaram. It is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

When a property is sold, the guideline value helps in assessing the minimum value for which the property can be registered, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for Bharathiar St, to Pukraj Nagar Connection ( Ward No.14 )?

The current guideline value for Bharathiar St, to Pukraj Nagar Connection (Ward No.14) is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,600 per sq.ft in 2024, with various increases and decreases in between.

What is the land classification for Bharathiar St, to Pukraj Nagar Connection?

The land classification for Bharathiar St, to Pukraj Nagar Connection is Residential Class II Type - I.

Where can I find the Madhavaram Sub Registrar Office?

The Madhavaram Sub Registrar Office is located at No.7, Roja Nagar, Madhavaram, Chennai-600060.

How is stamp duty calculated for properties in Madhavaram?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 16,00,000 would incur a stamp duty of Rs 1,12,000 at 7%.