Guideline Value for Agasthiar Street (Susila Nagar)

Agasthiar Street (Susila Nagar) guideline value

The current guideline value of Agasthiar Street (Susila Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Kodungaiyur village, under the Madhavaram SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Agasthiar Street (Susila Nagar) has changed

The guideline value register for Agasthiar Street (Susila Nagar) has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only revision available is from 2024, which sets the guideline value at Rs 2,700 per sq.ft.

As there have been no changes in the guideline value for this street between the revisions, the current figure of Rs 2,700 per sq.ft remains consistent with the median guideline value of Rs 2,700 per sq.ft for other streets in Kodungaiyur under the Madhavaram SRO.

Guideline values in Kodungaiyur

Kodungaiyur has a total of 1,318 streets with a guideline value for 2024 ranging from Rs 1,900 to Rs 4,000 per sq.ft. The median guideline value is Rs 2,700 per sq.ft, which is equal to the guideline value of Agasthiar Street (Susila Nagar).

• Adivasi Colony (South Avenue 2nd Lane North Side): Rs 2,200 per sq.ft (2024)
• Adivasi Colony (South Avenue 1st Lane North Side): Rs 2,200 per sq.ft (2024)
• Adivasi Colony @ Anna Salai: Rs 2,200 per sq.ft (2024)
• Adhipuri Jai Nagar: Rs 2,200 per sq.ft (2024)
• Abirami Avenue 9th Street: Rs 2,700 per sq.ft (2024)
• Abirami Avenue 8th Street: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in Agasthiar Street (Susila Nagar)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, making the total cost for these fees Rs 2,43,000. It is important to note that the 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 detailed calculations.

Which Sub Registrar Office covers Agasthiar Street (Susila Nagar)?

The Sub Registrar Office that covers Agasthiar Street (Susila Nagar) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060. You can find your SRO for further assistance.

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

The guideline value is a crucial factor in the registration process of property transactions in Kodungaiyur. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded at a fair price, minimizing disputes and ensuring compliance with local regulations. Buyers and sellers should always refer to the latest guideline values to understand their financial obligations.

Frequently asked questions

What is the current guideline value of Agasthiar Street (Susila Nagar)?

The current guideline value of Agasthiar Street (Susila Nagar) is Rs 2,700 per sq.ft, effective from 1 July 2024.

What is the land classification for Agasthiar Street (Susila Nagar)?

The land classification for Agasthiar Street (Susila Nagar) is Residential Class I Type - I.

How has the guideline value changed over the years for Agasthiar Street (Susila Nagar)?

The guideline value register has no figures for Agasthiar Street for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 2,700 per sq.ft.

What are the stamp duty and registration fees for a property in Agasthiar Street (Susila Nagar)?

For a property valued at Rs 27,00,000, the stamp duty would be Rs 1,89,000 and the registration fee would be Rs 54,000, totaling Rs 2,43,000.

Where can I find the Sub Registrar Office for Agasthiar Street (Susila Nagar)?

The Sub Registrar Office for Agasthiar Street (Susila Nagar) is the Madhavaram Sub Registrar Office, located at No.7, Roja Nagar, Madhavaram, Chennai-600060.