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Guideline Value

Corporate

Guideline Value for Bharthi Nagar 4th Cross Street

₹4400/sq.ft.

The guideline value for Bharthi Nagar 4th Cross Street in Zaminpallavaram village (Pallavaram SRO, Chengalpattu zone) is Rs 4400 per sq.ft, effective 1 July 2024. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Zaminpallavaram

Village

Pallavaram

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹486 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044
044-22413425
[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 Bharthi Nagar 4th Cross Street

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Bharthi Nagar 4th Cross Street guideline value

The current guideline value of Bharthi Nagar 4th Cross Street is Rs 4,400 per sq.ft. This street is located in Zaminpallavaram village, under the Pallavaram SRO, and is classified as Commercial Class I Type - III.

How the guideline value of Bharthi Nagar 4th Cross Street has changed

The guideline value for Bharthi Nagar 4th Cross Street has undergone several revisions over the years. The earliest recorded revision in 2003 set the value at Rs 486 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in 2007, marking a change of +106%. By 2012, the value jumped to Rs 4,000 per sq.ft, reflecting a remarkable increase of +300%. The most recent revision in 2024 has set the guideline value at Rs 4,400 per sq.ft, which is a +10% increase from the 2012 figure.

It is important to note that there are no figures for the revisions in 2023, 2017, and 2002 for this street. Overall, from 2003 to 2024, the guideline value has increased by +805%.

Guideline values in Zaminpallavaram

Zaminpallavaram has a total of 638 streets under the Pallavaram SRO that carry a 2024 guideline value ranging from Rs 2,100 to Rs 11,000 per sq.ft, with a median value of Rs 3,300 per sq.ft. Bharthi Nagar 4th Cross Street's 2024 guideline value of Rs 4,400 per sq.ft is above this median.

Stamp duty and registration fee for property in Bharthi Nagar 4th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, while the registration fee at 2% would be Rs 88,000, bringing the total fees together to Rs 3,96,000. Please note that 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 Bharthi Nagar 4th Cross Street?

The Sub Registrar Office that covers Bharthi Nagar 4th Cross Street is the Pallavaram Sub Registrar Office, located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Zaminpallavaram. It determines the minimum price at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, preventing undervaluation. Buyers and sellers must be aware of the guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Bharthi Nagar 4th Cross Street?

The current guideline value of Bharthi Nagar 4th Cross Street is Rs 4,400 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 486 per sq.ft in 2003 to Rs 4,400 per sq.ft in 2024, reflecting an overall increase of +805% over the years.

What is the land classification for Bharthi Nagar 4th Cross Street?

Bharthi Nagar 4th Cross Street is classified as Commercial Class I Type - III, indicating its suitability for commercial activities.

Where can I find the Sub Registrar Office for Bharthi Nagar 4th Cross Street?

The Sub Registrar Office for Bharthi Nagar 4th Cross Street is located at 7th Main Road, New Colony, Chromepet, Jameen Pallavaram, Chennai-600044, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Bharthi Nagar 4th Cross Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 44,00,000, the stamp duty would be 7% of this amount.