Guideline Value for Agneeswarar Koil 2nd Street

Agneeswarar Koil 2nd Street guideline value

The current guideline value of Agneeswarar Koil 2nd Street is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Agneeswarar Koil 2nd Street has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This increased to Rs 1,100 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the guideline value at Rs 1,210 per sq.ft, reflecting a further increase of 10% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Agneeswarar Koil 2nd Street's 2024 figure below that median.

• Agneeswarar Koil 1st Street: Rs 1,210 per sq.ft (2024)
• Adhivasi Kudiyiruppu: Rs 1,430 per sq.ft (2024)
• Ambal Nagar: Rs 1,210 per sq.ft (2024)
• Andal Kuppam Main Road: Rs 1,540 per sq.ft (2024)
• Andalkuppam Mayana Salai: Rs 1,210 per sq.ft (2024)
• Andalkuppam/Pillaiyar Koil St.,: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Agneeswarar Koil 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, bringing the total fees together to Rs 1,08,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Agneeswarar Koil 2nd Street?

The Sub Registrar Office that covers Agneeswarar Koil 2nd Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value plays a crucial role in property transactions in Kunrathour-B, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

When registering a property, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Agneeswarar Koil 2nd Street?

The current guideline value of Agneeswarar Koil 2nd Street is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen significant changes, increasing from Rs 737 per sq.ft in 2017 to Rs 1,100 per sq.ft in 2023, and then to Rs 1,210 per sq.ft in 2024.

What is the land classification for Agneeswarar Koil 2nd Street?

Agneeswarar Koil 2nd Street is classified as Residential Class I Type - I.

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

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a property valued at Rs 12,10,000, the total fees would amount to Rs 1,08,900.

Which Sub Registrar Office handles the registration for this street?

The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, handles the registration for Agneeswarar Koil 2nd Street.