Guideline Value

Corporate

Guideline Value for BRAHMASAKTHI NAGAR PHASE - II

₹550/sq.ft.

The guideline value for Brahmasakthi Nagar Phase - Ii in Agaramthen village (Tambaram Joint 1 SRO, Chengalpattu zone) is Rs 550 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Agaramthen

Village

Tambaram Joint 1

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹550 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.26,mes Road, East Tambaram, Chennai-600059.
044-22397171
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Brahmasakthi Nagar Phase - Ii

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Brahmasakthi Nagar Phase - II guideline value

The current guideline value of Brahmasakthi Nagar Phase - II is Rs 550 per sq.ft, effective from 1 July 2024. This area is located in Agaramthen village and falls under the Tambaram Joint 1 SRO. The land classification for this street is Residential Class I Type - III.

How the guideline value of Brahmasakthi Nagar Phase - II has changed

The guideline value for Brahmasakthi Nagar Phase - II has undergone several revisions over the years. The earliest recorded figure is from the 2017 revision, which was Rs 335 per sq.ft. This increased to Rs 500 per sq.ft in the 2023 revision, marking a 49% rise. The most recent revision in 2024 saw the value increase to Rs 550 per sq.ft, representing a 10% increase 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 does not have figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Agaramthen

Agaramthen village has 125 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 3,700 per sq.ft. The median value for these streets is Rs 830 per sq.ft, indicating that the 2024 figure for Brahmasakthi Nagar Phase - II is below this median.

Stamp duty and registration fee for property in Brahmasakthi Nagar Phase - II

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the total guideline value amounts to Rs 5,50,000. The stamp duty is charged at 7%, which equals Rs 38,500, and the registration fee is charged at 2%, amounting to Rs 11,000. Together, these fees total Rs 49,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brahmasakthi Nagar Phase - II?

The Sub Registrar Office that covers Brahmasakthi Nagar Phase - II is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Agaramthen. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government collects the appropriate revenue based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Brahmasakthi Nagar Phase - II?

The current guideline value of Brahmasakthi Nagar Phase - II is Rs 550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023, and it is now Rs 550 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What are the other streets with similar guideline values in Agaramthen?

Other streets in Agaramthen with a guideline value of Rs 550 per sq.ft in 2024 include Brahmasakthi Nagar, Brahma Sakthi Nagar Phase III, Bharat Nagar, Bharathi Street, and Bharathidasan Street.

What is the registration fee for properties in Brahmasakthi Nagar Phase - II?

The registration fee for properties in Brahmasakthi Nagar Phase - II is 2% of the guideline value. For example, for a property valued at Rs 5,50,000, the registration fee would be Rs 11,000.

Where can I find the Sub Registrar Office for Brahmasakthi Nagar Phase - II?

The Sub Registrar Office for Brahmasakthi Nagar Phase - II is the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059.