Guideline Value for Agatheeswarar Koil 1st Street

Agatheeswarar Koil 1st Street guideline value

The current guideline value of Agatheeswarar Koil 1st Street is Rs 2,200 per sq.ft. This street is located in Pozhichalur village, under the Pammal SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Agatheeswarar Koil 1st Street has changed

The guideline value for Agatheeswarar Koil 1st Street has seen several revisions over the years. The 2017 revision set the value at Rs 1,340 per sq.ft. This increased significantly to Rs 2,000 per sq.ft in the 2023 revision, marking a change of 49%. The most recent revision in 2024 has raised the value further to Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pozhichalur

In Pozhichalur, there are 299 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 4,500 per sq.ft. The median value for these streets is Rs 1,320 per sq.ft, positioning Agatheeswarar Koil 1st Street above this median.

• Agatheeswarar Koil 2nd Street: Rs 2,200 per sq.ft (2024)
• Agatheeswarar Koil 3rd Street: Rs 2,200 per sq.ft (2024)
• Agatheeswarar Koil 4th Street: Rs 2,200 per sq.ft (2024)
• Agatheeswarar Nagar: Rs 2,200 per sq.ft (2024)
• Agatheeswarar Nagar 8th Street: Rs 2,200 per sq.ft (2024)
• Agatheeswarar Nagar M.G.R Street: Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Agatheeswarar Koil 1st Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total charges to Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Agatheeswarar Koil 1st Street?

The Sub Registrar Office that covers Agatheeswarar Koil 1st Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, Chengalpattu registration zone. You can find your SRO for further assistance.

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

When buying or selling property in Pozhichalur, the guideline value is an essential factor in determining the stamp duty and registration fees. These fees are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

It is crucial for buyers and sellers to be aware of the current guideline values, as these can significantly impact the overall cost of property transactions. Understanding these values helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Agatheeswarar Koil 1st Street?

The current guideline value of Agatheeswarar Koil 1st Street is Rs 2,200 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased from Rs 1,340 per sq.ft to Rs 2,200 per sq.ft in 2024, representing an overall increase of 64%.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the total charges would amount to Rs 1,98,000.

Which office handles registrations for Agatheeswarar Koil 1st Street?

The Pammal Sub Registrar Office is responsible for handling registrations for Agatheeswarar Koil 1st Street, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075.

Are there other streets with the same guideline value in Pozhichalur?

Yes, several other streets in Pozhichalur have the same guideline value of Rs 2,200 per sq.ft for 2024, including Agatheeswarar Koil 2nd Street, Agatheeswarar Koil 3rd Street, and others.