Guideline Value for A.G.R.GARDEN

A.G.R.Garden guideline value

The current guideline value of A.G.R.Garden in Kaniambakkam village is Rs 150 per sq.ft, effective from 1 July 2024. This property falls under the Ponneri Sub Registrar Office (SRO) and is classified as Residential Class I Type - III.

How the guideline value of A.G.R.Garden has changed

The guideline value for A.G.R.Garden has seen several revisions over the years. The 2017 revision set the value at Rs 100 per sq.ft, which remained unchanged until the 2023 revision, where it was still Rs 150 per sq.ft. The 2024 revision also maintained this value at Rs 150 per sq.ft, resulting in a 0% change from 2023 to 2024. Overall, from 2017 to 2024, there has been a 50% increase in the guideline value.

For the years 2002, 2003, 2007, and 2012, the register has no figure for A.G.R.Garden. The 2017 revision marked the beginning of the current value trend, which has remained stable in subsequent revisions.

Guideline values in Kaniambakkam

In Kaniambakkam, there are 8 streets under the Ponneri SRO that carry a 2024 guideline value, ranging from Rs 100 to Rs 150 per sq.ft. The median guideline value for these streets is Rs 100 per sq.ft, making A.G.R.Garden's 2024 figure above that median.

• Annai Nagar: Rs 150 per sq.ft (2024)
• Bharathi Nagar: Rs 100 per sq.ft (2024)
• Gowtham Nagar: Rs 100 per sq.ft (2024)
• Kumaran Nagar: Rs 125 per sq.ft (2024)
• Sai Hari Nagar: Rs 100 per sq.ft (2024)
• Sri Balaji Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in A.G.R.Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 150 per sq.ft, the total guideline value amounts to Rs 1,50,000. The stamp duty at 7% would be Rs 10,500, and the registration fee at 2% would be Rs 3,000, totaling Rs 13,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers A.G.R.Garden?

A.G.R.Garden is covered by the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more details.

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

The guideline value is a crucial factor during the registration process of property transactions in Kaniambakkam. It determines the minimum value at which the property can be registered, ensuring that the appropriate stamp duty and registration fees are calculated based on this value.

When buying or selling a property, the guideline value serves as a reference point for both the buyer and seller. It is essential for ensuring compliance with local regulations and for determining the financial obligations associated with the transaction.

Frequently asked questions

What is the current guideline value of A.G.R.Garden?

The current guideline value of A.G.R.Garden is Rs 150 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 150 per sq.ft since the 2023 revision, with a 50% increase from the 2017 revision of Rs 100 per sq.ft.

What are the other streets in Kaniambakkam with their guideline values?

Other streets in Kaniambakkam include Annai Nagar at Rs 150 per sq.ft, Bharathi Nagar at Rs 100 per sq.ft, Gowtham Nagar at Rs 100 per sq.ft, Kumaran Nagar at Rs 125 per sq.ft, Sai Hari Nagar at Rs 100 per sq.ft, and Sri Balaji Nagar at Rs 100 per sq.ft.

What is the stamp duty for properties in A.G.R.Garden?

The stamp duty for properties in A.G.R.Garden is calculated at 7% of the guideline value. For a 1,000 sq.ft plot, this amounts to Rs 10,500.

Where is the Ponneri Sub Registrar Office located?

The Ponneri Sub Registrar Office is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.