Guideline Value for Thiru Nagr Bharathidasan Street

Thiru Nagr Bharathidasan Street guideline value

The current guideline value of Thiru Nagr Bharathidasan Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and is classified as Residential Class II Type - I.

How the guideline value of Thiru Nagr Bharathidasan Street has changed

In the 2017 revision, the guideline value was Rs 1,072 per sq.ft. This figure increased to Rs 1,600 per sq.ft in the 2023 revision, marking a significant change of 49%. The most recent revision in 2024 saw the value rise to Rs 1,760 per sq.ft, reflecting a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The absence of data in these years means that the only available figures are from 2017, 2023, and 2024.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that have a guideline value for 2024, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value in this area is Rs 1,980 per sq.ft, placing Thiru Nagr Bharathidasan Street's 2024 figure below this median.

• Thiru Nagar Ragavendra Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Main Road: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Kalingar Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Kalingar Cross Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Ist Street: Rs 1,760 per sq.ft (2024)
• Thiru Nagar Ambetkar Street: Rs 2,350 per sq.ft (2024)

Stamp duty and registration fee for property in Thiru Nagr Bharathidasan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, while the registration fee at 2% would be Rs 35,200. Together, the total cost for stamp duty and registration fees would be Rs 1,58,400. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Thiru Nagr Bharathidasan Street?

The Sub Registrar Office that covers Thiru Nagr Bharathidasan 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 Anakaputhur

The guideline value is a crucial factor in property transactions in Anakaputhur. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider the guideline value to ensure compliance with the registration requirements.

When a property is sold, the guideline value serves as a benchmark for the transaction. If the sale price exceeds the guideline value, the stamp duty is calculated based on the sale price; otherwise, it is calculated based on the guideline value.

Frequently asked questions

What is the current guideline value of Thiru Nagr Bharathidasan Street?

The current guideline value of Thiru Nagr Bharathidasan Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

Since the 2017 revision, the guideline value has increased from Rs 1,072 per sq.ft to Rs 1,760 per sq.ft in 2024, which is an overall increase of 64%.

What is the land classification of Thiru Nagr Bharathidasan Street?

Thiru Nagr Bharathidasan Street is classified as Residential Class II Type - I.

Where can I find the Pammal Sub Registrar Office?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone.

How is the stamp duty calculated for property in Thiru Nagr Bharathidasan Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 17,60,000, the stamp duty would be Rs 1,23,200.