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Guideline Value

Corporate

Guideline Value for Bhavani Nagar 4th Cross Street

₹1320/sq.ft.

The guideline value for Bhavani Nagar 4th Cross Street in Pozhichalur village (Pammal SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Pozhichalur

Village

Pammal

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹1320 /sq.ft.
From 1-4-2023 ₹1200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹804 /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 Bhavani Nagar 4th Cross Street

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Bhavani Nagar 4th Cross Street guideline value

The current guideline value of Bhavani Nagar 4th Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Pozhichalur village and falls under the Pammal SRO. The land classification for this area is Residential Class I Type - II.

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

The guideline value for Bhavani Nagar 4th Cross Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, up from Rs 1,200 per sq.ft in 2023, reflecting a 10% increase. Prior to that, the 2017 revision recorded a value of Rs 804 per sq.ft, indicating a significant increase of 49% from 2017 to 2023.

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

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median guideline value for these streets is Rs 1,320 per sq.ft, which aligns with the current value of Bhavani Nagar 4th Cross Street.

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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty, charged at 7%, would be Rs 92,400, while the registration fee at 2% would be Rs 26,400. Together, the total cost for stamp duty and registration fee would be Rs 1,18,800. It is important to note that duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Bhavani Nagar 4th Cross Street?

The Sub Registrar Office that covers Bhavani Nagar 4th Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. To find your specific SRO, visit find your SRO.

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

The guideline value plays a crucial role during the registration process when buying or selling property in Pozhichalur. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these charges are calculated based on a standardized value set by the government.

Frequently asked questions

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

The current guideline value of Bhavani Nagar 4th Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft in 2024, marking an overall increase of 64%.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 13,20,000, the stamp duty would be Rs 92,400 and the registration fee would be Rs 26,400, totaling Rs 1,18,800.

Which office handles property registration for Bhavani Nagar 4th Cross Street?

The Pammal Sub Registrar Office handles property registration for Bhavani Nagar 4th Cross Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

What is the significance of the guideline value when buying property?

The guideline value is essential as it determines the minimum price for property registration and is used to calculate applicable stamp duty and registration fees during a transaction.