Guideline Value for Bharathidhasan 1st Cross Street

₹2420/sq.ft.

The guideline value for Bharathidhasan 1st Cross Street in Thiruneermalai village (Pammal SRO, Chengalpattu zone) is Rs 2420 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Thiruneermalai

Village

Pammal

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 ₹2200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075
044-22480069
[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 Bharathidhasan 1st Cross Street

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Bharathidhasan 1st Cross Street guideline value

The current guideline value of Bharathidhasan 1st Cross Street is Rs 2,420 per sq.ft. This street is located in Thiruneermalai village, under the Pammal SRO, and is classified as Residential Class I Type - I.

How the guideline value of Bharathidhasan 1st Cross Street has changed

In the 2017 revision, the guideline value was set at Rs 1,474 per sq.ft. This figure saw a significant increase in the 2023 revision, rising to Rs 2,200 per sq.ft, marking a change of 49%. The most recent revision in 2024 has further increased the guideline value to Rs 2,420 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has risen by 64%. It is important to note that there are no figures available for this street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Thiruneermalai

In Thiruneermalai, there are 316 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 6,240 per sq.ft. The median guideline value for these streets is Rs 2,420 per sq.ft, which is equal to the current guideline value of Bharathidhasan 1st Cross Street.

Stamp duty and registration fee for property in Bharathidhasan 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value amounts to Rs 24,20,000. The stamp duty at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total cost for these fees to Rs 2,17,800. 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 Bharathidhasan 1st Cross Street?

The Sub Registrar Office that covers Bharathidhasan 1st Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thiruneermalai. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on the official valuation of the property.

Frequently asked questions

What is the current guideline value of Bharathidhasan 1st Cross Street?

The current guideline value of Bharathidhasan 1st Cross Street is Rs 2,420 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,474 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2023, and then to Rs 2,420 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the registration office for Bharathidhasan 1st Cross Street?

The registration office for Bharathidhasan 1st Cross Street is the Pammal Sub Registrar Office, located on Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the stamp duty for property in Bharathidhasan 1st Cross Street?

The stamp duty for property in Bharathidhasan 1st Cross Street is calculated at 7% of the guideline value. For a property valued at Rs 24,20,000, the stamp duty would be Rs 1,69,400.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees when buying or selling property. The duty is charged on the higher of the guideline value or the sale price, ensuring that the fees reflect the true value of the property.