Guideline Value for Agathiyar Street

Agathiyar Street guideline value

The current guideline value of Agathiyar Street in Maathoor village is Rs 500 per sq.ft, effective from the 2024 revision. This street falls under the Sunguvarchattram SRO and is classified as Residential Special Type - III.

How the guideline value of Agathiyar Street has changed

Looking at the revisions, the guideline value for Agathiyar Street was Rs 500 per sq.ft in both the 2023 and 2024 revisions, showing no change between these years. The 2017 revision recorded a value of Rs 335 per sq.ft, which indicates a significant increase of 49% to reach the 2023 figure. In contrast, the 2012 revision also set the value at Rs 500 per sq.ft, reflecting a decrease of 33% from the 2017 figure.

Overall, comparing the 2012 revision to the current 2024 revision, the guideline value has remained constant at Rs 500 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for Agathiyar Street.

Guideline values in Maathoor

In Maathoor, there are 47 streets under the Sunguvarchattram SRO with a 2024 guideline value ranging from Rs 250 to Rs 2,687 per sq.ft, with the median being Rs 500 per sq.ft. Agathiyar Street's 2024 figure aligns perfectly with this median.

• Agaligai Street: Rs 500 per sq.ft (2024)
• Ambethkar Street: Rs 500 per sq.ft (2024)
• Angallamman Kovil Main Road: Rs 505 per sq.ft (2024)
• Angallamman Kovil Street: Rs 505 per sq.ft (2024)
• Angu Nagar: Rs 250 per sq.ft (2024)
• Arunagiriyar Street: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Agathiyar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total cost to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Agathiyar Street?

The Sub Registrar Office that covers Agathiyar Street 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Maathoor. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs are based on an official value rather than the negotiated sale price.

When buying or selling property, the guideline value helps in determining the minimum price at which a property can be registered. This ensures transparency and consistency in property transactions within the region.

Frequently asked questions

What is the current guideline value of Agathiyar Street?

The current guideline value of Agathiyar Street is Rs 500 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 500 per sq.ft in the 2023 and 2024 revisions. It increased from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2012 and 2023.

What is the land classification for Agathiyar Street?

Agathiyar Street is classified as Residential Special Type - III under the Sunguvarchattram SRO.

Where can I find the registration office for Agathiyar Street?

The registration office for Agathiyar Street is the Sunguvarchattram Sub Registrar Office, located at Vadivamal Nagar Kandigai Road Caparo Company Opp, Sunguvarchatram, Chengalpattu registration zone.

How is stamp duty calculated for properties in Maathoor?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 at a rate of 7%.