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Guideline Value

Corporate

Guideline Value for A G S Colony 3rd Main Road

₹3900/sq.ft.

The guideline value for A G S Colony 3rd Main Road in Kottivakkam village (Adayar SRO, Chennai zone) is Rs 3900 per sq.ft, effective 1 July 2024. It was Rs 3500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kottivakkam

Village

Adayar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹3900 /sq.ft.
From 1-4-2023 ₹3500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2345 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹892 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹750 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on A G S Colony 3rd Main Road

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A G S Colony 3rd Main Road guideline value

The current guideline value of A G S Colony 3rd Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024. This street is located in Kottivakkam village and falls under the Adayar SRO. The land classification for this area is Residential Class II Type - I.

How the guideline value of A G S Colony 3rd Main Road has changed

Looking at the historical revisions, the guideline value for A G S Colony 3rd Main Road has seen several changes. In 2002, the guideline value was Rs 750 per sq.ft, which increased to Rs 892 per sq.ft in 2003, marking a 19% increase. The value continued to rise significantly, reaching Rs 2,000 per sq.ft in 2007, which was a 124% increase from the previous revision. The value then changed to Rs 3,500 per sq.ft in 2012, reflecting a decrease of 33%. The 2017 revision saw the value rise to Rs 2,345 per sq.ft, and by 2023, it increased to Rs 3,500 per sq.ft. The most recent revision in 2024 set the guideline value at Rs 3,900 per sq.ft, representing an 11% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 420%. Notably, there are no figures available for the years not mentioned in the revisions for this street.

Guideline values in Kottivakkam

In Kottivakkam, there are a total of 284 streets under the Adayar SRO that carry a 2024 guideline value, ranging from Rs 1,700 to Rs 8,500 per sq.ft. The median guideline value for these streets is Rs 3,900 per sq.ft, which is equal to the current value of A G S Colony 3rd Main Road.

Stamp duty and registration fee for property in A G S Colony 3rd Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 3,900 per sq.ft, the total guideline value amounts to Rs 39,00,000. The stamp duty at 7% would be Rs 2,73,000, and the registration fee at 2% would be Rs 78,000, bringing the total fees to Rs 3,51,000. It is important to note that the 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 A G S Colony 3rd Main Road?

The A G S Colony 3rd Main Road is covered by the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20, Chennai registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role when buying or selling property in Kottivakkam. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers should be aware that the guideline value is often used as a benchmark for property transactions.

When a property is registered, the relevant fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of A G S Colony 3rd Main Road?

The current guideline value of A G S Colony 3rd Main Road is Rs 3,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2002 to Rs 3,900 per sq.ft in 2024, reflecting an overall increase of 420% over the years.

What is the land classification for A G S Colony 3rd Main Road?

The land classification for A G S Colony 3rd Main Road is Residential Class II Type - I.

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

For a property valued at Rs 39,00,000, the stamp duty would be Rs 2,73,000 and the registration fee would be Rs 78,000, totaling Rs 3,51,000.

Which office handles the registration for A G S Colony 3rd Main Road?

The Adayar Sub Registrar Office handles the registration for A G S Colony 3rd Main Road, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.