Guideline Value for Brahmin Street

Brahmin Street guideline value

The current guideline value of Brahmin Street in Nandhivaram village is Rs 1,200 per sq.ft, effective from the 2024 revision. This street falls under the Gooduvancheri SRO and is classified as Residential Class I Type - I.

How the guideline value of Brahmin Street has changed

The guideline value for Brahmin Street has undergone several revisions over the years. In 2002, the value was Rs 114 per sq.ft, which increased to Rs 328 per sq.ft in 2007. The following revision in 2012 saw a jump to Rs 1,200 per sq.ft, followed by a decrease to Rs 804 per sq.ft in 2017. The 2023 revision maintained the value at Rs 1,200 per sq.ft, and the current 2024 revision also holds it at Rs 1,200 per sq.ft. Notably, there is no figure available for this street in the 2003 revision.

From 2017 to 2023, the value increased by 49%. The significant change occurred from 2007 to 2012, with an increase of 266%. Overall, from 2002 to 2024, the guideline value has risen by 953%.

Guideline values in Nandhivaram

Nandhivaram village has a total of 169 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 1,000 to Rs 3,500 per sq.ft. The median guideline value in this area is Rs 1,500 per sq.ft, positioning Brahmin Street's 2024 figure below this median.

• Big Street: Rs 1,200 per sq.ft (2024)
• Bhavanipuram Extn.: Rs 1,200 per sq.ft (2024)
• Bhavanipuram: Rs 1,200 per sq.ft (2024)
• Bharath Avenue: Rs 1,200 per sq.ft (2024)
• Chinnappan Avenue (Near by G.S.T Road): Rs 3,500 per sq.ft (2024)
• Balasubramaniyam Nagar: Rs 1,500 per sq.ft (2024)

Stamp duty and registration fee for property in Brahmin Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, leading to a total of Rs 1,08,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brahmin Street?

The Sub Registrar Office covering Brahmin Street is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nandhivaram, Guduvanchery-603202, Chengalpattu registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a critical component when buying or selling property in Nandhivaram. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction process.

Frequently asked questions

What is the current guideline value of Brahmin Street?

The current guideline value of Brahmin Street is Rs 1,200 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Brahmin Street has changed several times, with the most recent revisions showing values of Rs 1,200 per sq.ft in both 2023 and 2024, while it was Rs 804 per sq.ft in 2017.

What is the land classification for Brahmin Street?

Brahmin Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

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

The Gooduvancheri Sub Registrar Office covers Brahmin Street, located at Defence Colony Road, near Veterinary Hospital, Nandhivaram, Guduvanchery-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Nandhivaram?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 at a rate of 7%.