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Guideline Value for Bharathidasan Street (Near Kodungaiyur School)

₹1700/sq.ft.

The guideline value for Bharathidasan Street (near Kodungaiyur School) in Jampuli village (Madhavaram SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Jampuli

Village

Madhavaram

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1600 /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 Bharathidasan Street (near Kodungaiyur School)

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Bharathidasan Street (Near Kodungaiyur School) guideline value

The current guideline value of Bharathidasan Street (Near Kodungaiyur School) is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Jampuli village under the Madhavaram SRO and is classified as Residential Class IV Type - I.

How the guideline value of Bharathidasan Street (Near Kodungaiyur School) has changed

The guideline value for Bharathidasan Street has seen several revisions over the years. In 2012, the guideline value was Rs 1,600 per sq.ft. This figure decreased to Rs 1,072 per sq.ft in 2017, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 1,600 per sq.ft, which is a rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,700 per sq.ft, reflecting a 6% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 6%.

Guideline values in Jampuli

In Jampuli, there are 118 streets under the Madhavaram SRO that have a 2024 guideline value ranging from Rs 1,700 to Rs 3,300 per sq.ft, with a median value of Rs 2,450 per sq.ft. Bharathidasan Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Bharathidasan Street (Near Kodungaiyur School)

For a 1,000 sq.ft plot at the current rate of Rs 1,700 per sq.ft, the guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total to Rs 1,53,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Bharathidasan Street (Near Kodungaiyur School)?

The Sub Registrar Office that covers Bharathidasan Street is the Madhavaram Sub Registrar Office, 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 Jampuli

The guideline value plays a crucial role during property registration in Jampuli. It is used to determine the applicable stamp duty and registration fees, which are calculated based on the higher of the guideline value or the actual sale price of the property.

When buying or selling property, it is essential to be aware of the guideline value as it directly impacts the overall cost involved in the transaction. Buyers and sellers should ensure they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Bharathidasan Street?

The current guideline value of Bharathidasan Street (Near Kodungaiyur School) is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,600 per sq.ft in 2012 to Rs 1,072 per sq.ft in 2017, then back to Rs 1,600 per sq.ft in 2023, and finally to Rs 1,700 per sq.ft in 2024.

What is the classification of land on Bharathidasan Street?

Bharathidasan Street is classified as Residential Class IV Type - I under the Madhavaram SRO.

Where can I find the Sub Registrar Office for Bharathidasan Street?

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

How is the stamp duty calculated for properties in Bharathidasan Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, on a property with a guideline value of Rs 17,00,000, the stamp duty at 7% would be Rs 1,19,000.