Guideline Value for AGHARAM ST

Agharam St guideline value

The current guideline value of Agharam St in Paruthipattu village, under the Avadi SRO, is Rs 1,650 per sq.ft, effective from 1 July 2024. This street is classified as Residential Special Type - IV.

How the guideline value of Agharam St has changed

Over the years, the guideline value of Agharam St has seen several revisions. The 2012 revision set the value at Rs 1,500 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 1,005 per sq.ft. In 2023, the guideline value increased to Rs 1,500 per sq.ft, and the latest revision in 2024 raised it to Rs 1,650 per sq.ft. The register has no figure for the years 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The overall change from 2012 to 2024 reflects a 10% increase, marking a steady rise in the guideline value over the last decade.

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 4,730 per sq.ft, with a median value of Rs 1,625 per sq.ft. Agharam St's 2024 guideline value of Rs 1,650 per sq.ft is above this median.

• A.G.T.Nagar: Rs 1,625 per sq.ft (2024)
• Adhithanar St: Rs 1,625 per sq.ft (2024)
• A.K.Garden Srinivasa Nagar Extn (P.H.Road): Rs 950 per sq.ft (2024)
• Adhi Parasakthi Nagar: Rs 950 per sq.ft (2024)
• Adhi Dravid Kudiyiruppu: Rs 950 per sq.ft (2024)
• Aasath St: Rs 1,625 per sq.ft (2024)

Stamp duty and registration fee for property in Agharam St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000. Together, the total charges would be Rs 1,48,500. 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 Agharam St?

The Agharam St falls under 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 Paruthipattu

The guideline value is a crucial factor during property transactions in Paruthipattu, as it determines the minimum value at which a property can be registered. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. The guideline value reflects the official valuation set by the government, which is updated periodically to reflect changes in the real estate market.

Frequently asked questions

What is the current guideline value of Agharam St?

The current guideline value of Agharam St is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,650 per sq.ft in 2024, with fluctuations in between, including a drop to Rs 1,005 per sq.ft in 2017.

What is the land classification of Agharam St?

Agharam St is classified as Residential Special Type - IV, indicating its designation for residential purposes.

Where can I find the Avadi Sub Registrar Office?

The Avadi Sub Registrar Office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Agharam St?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 1,650 per sq.ft, the total stamp duty would be Rs 1,15,500.