Guideline Value for Aghragaram salai

Aghragaram salai guideline value

The current guideline value of Aghragaram salai is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in 44.Ayanambakkam village, under the Konnur SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Aghragaram salai has changed

The guideline value for Aghragaram salai has seen several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 1,100 per sq.ft, an increase from Rs 1,000 per sq.ft in the 2023 revision. Prior to that, in the 2017 revision, the value was Rs 670 per sq.ft. The register has no figure for this street in the years 2002, 2003, 2007, and 2012.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it increased by 10%. Overall, from 2017 to 2024, the guideline value has risen by 64%.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO with a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft. The median value for these streets is Rs 1,300 per sq.ft, making Aghragaram salai's 2024 figure below that median.

• Aghragaram Cross Street: Rs 1,100 per sq.ft (2024)
• Aghragaram Street: Rs 1,100 per sq.ft (2024)
• Aishwarya Nagar Extension: Rs 4,777 per sq.ft (2024)
• Aiswariya Nagar: Rs 3,100 per sq.ft (2024)
• Aiswariya Nagar Extn.,: Rs 3,100 per sq.ft (2024)
• A.K.S. Sherinity: Rs 3,100 per sq.ft (2024)

Stamp duty and registration fee for property in Aghragaram salai

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aghragaram salai?

The Sub Registrar Office that covers Aghragaram salai is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value is a crucial factor in the registration process of property transactions in 44.Ayanambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and fairly.

When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory for legal documentation. It is important for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Aghragaram salai?

The current guideline value of Aghragaram salai is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 670 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2024, marking a total increase of 64% over these years.

What are the other streets in 44.Ayanambakkam?

Other streets in 44.Ayanambakkam include Aghragaram Cross Street, Aghragaram Street, Aishwarya Nagar Extension, Aiswariya Nagar, Aiswariya Nagar Extn., and A.K.S. Sherinity, with varying guideline values.

What is the registration fee for property in Aghragaram salai?

The registration fee is calculated based on the guideline value or the sale price, whichever is higher. For example, for a plot valued at Rs 11,00,000, the registration fee would be Rs 22,000 at 2%.

Where can I find my Sub Registrar Office?

You can find your Sub Registrar Office by visiting the Konnur Sub Registrar Office located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. More information can be found on the relevant website.