Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for AGATHIYAR NAGAR 7th STREET

₹4900/sq.ft.

The guideline value for Agathiyar Nagar 7th Street in Villivakkam village (Villivakkam SRO, Chennai zone) is Rs 4900 per sq.ft, effective 1 July 2024. It was Rs 4500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Villivakkam

Village

Villivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹4900 /sq.ft.
From 1-4-2023 ₹4500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹3015 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1750 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[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 Agathiyar Nagar 7th Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

AGATHIYAR NAGAR 7th STREET guideline value

The current guideline value of AGATHIYAR NAGAR 7th STREET is Rs 4,900 per sq.ft, effective from 1 July 2024. This street is located in Villivakkam village, under the Villivakkam SRO, and is classified as Residential Class III Type - II.

How the guideline value of AGATHIYAR NAGAR 7th STREET has changed

The guideline value for AGATHIYAR NAGAR 7th STREET has seen several revisions over the years. The earliest available revision is from 2007, where the value was Rs 1,750 per sq.ft. This increased to Rs 4,500 per sq.ft in 2012, marking a significant rise of 157%. However, the value then decreased to Rs 3,015 per sq.ft in 2017, a drop of 33%. The value continued to rise, reaching Rs 4,500 per sq.ft in 2023, and then further increased to Rs 4,900 per sq.ft in 2024, reflecting a 9% increase from the previous year.

From 2017 to 2023, there was a notable increase of 49%. Overall, from the 2007 revision to the current 2024 revision, AGATHIYAR NAGAR 7th STREET has experienced a total increase of 180%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.

Guideline values in Villivakkam

In Villivakkam, there are 372 streets that carry a 2024 guideline value ranging from Rs 1,600 to Rs 13,200 per sq.ft. The median value among these streets is Rs 4,900 per sq.ft, which is the same as the guideline value for AGATHIYAR NAGAR 7th STREET.

Stamp duty and registration fee for property in AGATHIYAR NAGAR 7th STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 4,900 per sq.ft, the total guideline value amounts to Rs 49,00,000. The stamp duty at 7% would be Rs 3,43,000, and the registration fee at 2% would be Rs 98,000, bringing the total fees to Rs 4,41,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AGATHIYAR NAGAR 7th STREET?

The Sub Registrar Office that covers AGATHIYAR NAGAR 7th STREET is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Villivakkam. It determines the minimum value at which a property can be registered, and it is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the sale price is compared to the guideline value. The higher of the two values is used to determine the stamp duty, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of AGATHIYAR NAGAR 7th STREET?

The current guideline value of AGATHIYAR NAGAR 7th STREET is Rs 4,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,750 per sq.ft in 2007 to Rs 4,900 per sq.ft in 2024, reflecting an overall increase of 180% over the years.

What are the stamp duty rates for property in AGATHIYAR NAGAR 7th STREET?

The stamp duty for property in AGATHIYAR NAGAR 7th STREET is charged at 7% of the guideline value or sale price, whichever is higher.

Which Sub Registrar Office covers AGATHIYAR NAGAR 7th STREET?

The Villivakkam Sub Registrar Office covers AGATHIYAR NAGAR 7th STREET, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the median guideline value in Villivakkam?

The median guideline value in Villivakkam is Rs 4,900 per sq.ft, which is the same as the guideline value for AGATHIYAR NAGAR 7th STREET.