Guideline Value for AGRAHARAM

Agraharam guideline value

The current guideline value of Agraharam is Rs 441 per sq.ft, effective from 1 July 2024. This area is located in Malaipattu village, under the Sunguvarchattram SRO, and is classified as Residential Special Type - I.

How the guideline value of Agraharam has changed

In the 2012 revision, the guideline value was set at Rs 440 per sq.ft. This figure saw a decrease in the 2017 revision to Rs 295 per sq.ft, marking a decline of 33%. However, from 2017 to 2023, the value increased significantly to Rs 441 per sq.ft, reflecting a rise of 49%. The 2023 revision maintained the same figure of Rs 441 per sq.ft, and this has continued into the 2024 revision.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 441 per sq.ft.

Guideline values in Malaipattu

In Malaipattu, there are 36 streets under the Sunguvarchattram SRO that carry a 2024 guideline value ranging from Rs 150 to Rs 1,181 per sq.ft. The median value among these streets is Rs 200 per sq.ft, placing Agraharam's 2024 figure above this median.

• Adithya Nagar: Rs 500 per sq.ft (2024)
• Ambethkar Street: Rs 200 per sq.ft (2024)
• Anna Nagar: Rs 200 per sq.ft (2024)
• Anna Street: Rs 150 per sq.ft (2024)
• Arunthava Nagar: Rs 200 per sq.ft (2024)
• Bharathidhasan Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in Agraharam

For a 1,000 sq.ft plot at the current rate of Rs 441 per sq.ft, the guideline value amounts to Rs 4,41,000. The stamp duty at 7% would be Rs 30,870, and the registration fee at 2% would be Rs 8,820, totaling Rs 39,690. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Agraharam?

The Sub Registrar Office covering Agraharam is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in the registration of property transactions in Malaipattu. It determines the minimum value at which a property can be registered, ensuring that the state receives the appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the baseline value of the property. It is essential for potential buyers and sellers to be aware of the current guideline value to ensure a smooth transaction process.

Frequently asked questions

What is the current guideline value of Agraharam?

The current guideline value of Agraharam is Rs 441 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, with the most recent being Rs 441 per sq.ft in both 2023 and 2024. It was Rs 295 per sq.ft in 2017 and Rs 440 per sq.ft in 2012.

What is the land classification for Agraharam?

Agraharam is classified as Residential Special Type - I, which indicates its zoning for residential purposes.

What are the guideline values for other streets in Malaipattu?

Other streets in Malaipattu have varying guideline values, with rates ranging from Rs 150 to Rs 1,181 per sq.ft. For example, Adithya Nagar is valued at Rs 500 per sq.ft in 2024.

Where is the Sub Registrar Office for Agraharam located?

The Sub Registrar Office for Agraharam is located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.