Guideline Value for A.G.R.TEMPLE AVENUE

A.G.R.Temple Avenue guideline value

The current guideline value of A.G.R.Temple Avenue is Rs 950 per sq.ft, effective from 1 July 2024. This street is located in Thiruninravur-A village, under the Avadi SRO, and is classified as Commercial Class I Type - III.

How the guideline value of A.G.R.Temple Avenue has changed

The guideline value for A.G.R.Temple Avenue has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 950 per sq.ft, an increase of 9% from the previous year’s figure of Rs 871 per sq.ft in 2023. Notably, there was no change in the guideline value between the 2017 and 2023 revisions, as both years recorded Rs 871 per sq.ft.

Looking further back, the 2017 revision was the same as the 2023 revision, maintaining Rs 871 per sq.ft. The overall change from the 2017 revision to the 2024 revision is a 9% increase. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

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. The median guideline value in this village is Rs 750 per sq.ft, making the 2024 figure for A.G.R.Temple Avenue above the median.

• Agr Temple City Diamond: Rs 550 per sq.ft (2024)
• Agr Temple City Gold: Rs 550 per sq.ft (2024)
• A.G.R. Temple City - Platinum: Rs 950 per sq.ft (2024)
• Agr Temple City Silver: Rs 1,210 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 Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 950 per sq.ft, the total guideline value would be Rs 9,50,000. The stamp duty at 7% would amount to Rs 66,500, and the registration fee at 2% would be Rs 19,000, bringing the total fees together to Rs 85,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers A.G.R.Temple Avenue?

The A.G.R.Temple Avenue is covered by the Avadi Sub Registrar Office, located at 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 is used to determine the stamp duty and registration fees applicable when buying or selling property in the area.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the registration process is aligned with the current market conditions as reflected in the guideline values.

Frequently asked questions

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

The current guideline value of A.G.R.Temple Avenue 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 from 2017 to 2023, as both years recorded the same value of Rs 871 per sq.ft.

What is the land classification for A.G.R.Temple Avenue?

A.G.R.Temple Avenue is classified as Commercial Class I Type - III. This classification indicates the type of development permitted in the area.

What are the stamp duty rates for properties in A.G.R.Temple Avenue?

The stamp duty rate for properties in A.G.R.Temple Avenue is 7% of the guideline value or sale price, whichever is higher. Additionally, there is a registration fee of 2% applicable.

Where can I find the Sub Registrar Office for A.G.R.Temple Avenue?

The Sub Registrar Office covering A.G.R.Temple Avenue is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.