Guideline Value for AGASTHEESWARAR NAGAR

Agastheeswarar Nagar guideline value

The current guideline value of Agastheeswarar Nagar is Rs 804 per sq.ft. This street is located in Kavanur village, under the Gooduvancheri SRO, and is classified as Residential Class III Type - II.

How the guideline value of Agastheeswarar Nagar has changed

Since the 2002 revision, there have been no figures recorded for Agastheeswarar Nagar in the years 2003, 2007, 2012, and the guideline value remained unchanged at Rs 804 per sq.ft in the 2017, 2023, and 2024 revisions. The 2024 revision shows a current guideline value of Rs 804 per sq.ft, which is the same as the previous revisions in 2023 and 2017, indicating no change over these years.

Overall, from 2017 to 2024, the guideline value has remained consistent with a change of +0%. The stability in the guideline value reflects a consistent assessment over the years.

Guideline values in Kavanur

In Kavanur, there are 109 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 500 to Rs 2,239 per sq.ft, with a median value of Rs 800 per sq.ft. Agastheeswarar Nagar's current guideline value is above this median.

• A.L.N. Layout: Rs 600 per sq.ft (2024)
• Ashthalakshmi Nagar: Rs 800 per sq.ft (2024)
• Ask Enclave: Rs 600 per sq.ft (2024)
• Ask Enclave Phase -I: Rs 800 per sq.ft (2024)
• BSNL Avenue: Rs 600 per sq.ft (2024)
• CEE.PAA.Athithanar Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Agastheeswarar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 804 per sq.ft, the total guideline value amounts to Rs 8,04,000. The stamp duty at 7% would be Rs 56,280, and the registration fee at 2% would be Rs 16,080, resulting in a total of Rs 72,360. 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 Agastheeswarar Nagar?

The Agastheeswarar Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in property transactions in Kavanur. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring that all transactions are conducted transparently and fairly.

When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This helps in maintaining a standardized process across the region.

Frequently asked questions

What is the current guideline value of Agastheeswarar Nagar?

The current guideline value of Agastheeswarar Nagar is Rs 804 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value of Agastheeswarar Nagar has remained unchanged at Rs 804 per sq.ft since the 2017 revision, with no figures recorded for the years 2002, 2003, 2007, and 2012.

What is the land classification for Agastheeswarar Nagar?

Agastheeswarar Nagar is classified as Residential Class III Type - II, which indicates its suitability for residential development.

Where can I find the registration office for Agastheeswarar Nagar?

The registration office covering Agastheeswarar Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 8,04,000, the stamp duty would be Rs 56,280 at a rate of 7%.