Guideline Value for A.G.R. TEMPLE CITY - PLATINUM

A.G.R. Temple City - Platinum guideline value

The current guideline value of A.G.R. Temple City - Platinum is Rs 950 per sq.ft, effective from 1 July 2024. This property is located in Thiruninravur-A village and falls under the Avadi SRO. The land classification for this area is Commercial Class I Type - III.

How the guideline value of A.G.R. Temple City - Platinum has changed

The guideline value for A.G.R. Temple City - Platinum has seen several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 950 per sq.ft, an increase from Rs 871 per sq.ft in the 2023 revision. Notably, there was no change from the 2017 revision, which also recorded Rs 871 per sq.ft. Overall, from 2017 to 2024, the guideline value increased by 9%.

Prior to the 2023 revision, the guideline value remained unchanged at Rs 871 per sq.ft since 2017. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street, indicating a lack of recorded revisions during those years. The change from 2023 to 2024 reflects a 9% increase, marking the first upward adjustment since 2017.

Guideline values in Thiruninravur-A

In Thiruninravur-A, there are 382 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 2,750 per sq.ft, with a median value of Rs 750 per sq.ft. A.G.R. Temple City - Platinum's 2024 figure of Rs 950 per sq.ft is above this median.

• Agr Temple City Gold: Rs 550 per sq.ft (2024)
• Agr Temple City Silver: Rs 1,210 per sq.ft (2024)
• Agr Temple City Diamond: Rs 550 per sq.ft (2024)
• A.G.R.Temple Avenue: Rs 950 per sq.ft (2024)
• Abirami Nagar & Streets: Rs 750 per sq.ft (2024)
• Alexandar St: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in A.G.R. Temple City - Platinum

For a 1,000 sq.ft plot at the current rate of Rs 950 per sq.ft, the guideline value amounts to Rs 9,50,000. The stamp duty at 7% would be Rs 66,500, and the registration fee at 2% would be Rs 19,000, totaling Rs 85,500. It is important to 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 detailed calculations.

Which Sub Registrar Office covers A.G.R. Temple City - Platinum?

The A.G.R. Temple City - Platinum falls under the jurisdiction of the Avadi Sub Registrar Office. The address is Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-A

The guideline value plays a crucial role during the registration process of property transactions in Thiruninravur-A. It serves as a benchmark for determining the stamp duty and registration fees payable, ensuring that both buyers and sellers adhere to the legal requirements set by the Registration Department.

When buying or selling property, the guideline value helps in establishing a fair price for the transaction. It is essential for both parties to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of A.G.R. Temple City - Platinum?

The current guideline value of A.G.R. Temple City - Platinum is Rs 950 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 871 per sq.ft in 2023 to Rs 950 per sq.ft in 2024, marking a 9% increase. There was no change between 2017 and 2023, where the value remained at Rs 871 per sq.ft.

What is the land classification of A.G.R. Temple City - Platinum?

The land classification for A.G.R. Temple City - Platinum is Commercial Class I Type - III, indicating its use for commercial purposes.

What are the stamp duty and registration fees for property transactions?

For a plot size of 1,000 sq.ft at Rs 950 per sq.ft, the total guideline value is Rs 9,50,000. The stamp duty would be Rs 66,500, and the registration fee would be Rs 19,000, totaling Rs 85,500.

Which office handles registrations for A.G.R. Temple City - Platinum?

The Avadi Sub Registrar Office handles registrations for A.G.R. Temple City - Platinum, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.