Guideline Value

Corporate

Guideline Value for Brahma Sakthi Nagar Phase III

₹550/sq.ft.

The guideline value for Brahma Sakthi Nagar Phase Iii 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 ₹500 /sq.ft.
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 Brahma Sakthi Nagar Phase Iii

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Brahma Sakthi Nagar Phase III guideline value

The current guideline value of Brahma Sakthi Nagar Phase III 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 Brahma Sakthi Nagar Phase III has changed

The guideline value for Brahma Sakthi Nagar Phase III has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in the 2017 revision. Following this, the value increased to Rs 500 per sq.ft in 2023, and currently stands at Rs 550 per sq.ft as of the 2024 revision. The register has no figure for this street in 2002, 2003, and 2007.

From 2012 to 2017, there was a decrease of 33%, but from 2017 to 2023, the value increased by 49%. The change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Agaramthen

In Agaramthen, there are 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, with a median value of Rs 830 per sq.ft. The guideline value for Brahma Sakthi Nagar Phase III is below this median.

Stamp duty and registration fee for property in Brahma Sakthi Nagar Phase III

For a 1,000 sq.ft plot at the current guideline value of Rs 550 per sq.ft, the guideline value totals Rs 5,50,000. The stamp duty at 7% would be Rs 38,500, and the registration fee at 2% would be Rs 11,000, bringing the total charges to Rs 49,500. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Brahma Sakthi Nagar Phase III?

The Brahma Sakthi Nagar Phase III area is covered by 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 further assistance.

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

The guideline value is a crucial factor during property registration in Agaramthen. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property being transacted. It is essential to refer to the latest guideline value to ensure compliance with the registration requirements.

Frequently asked questions

What is the current guideline value of Brahma Sakthi Nagar Phase III?

The current guideline value of Brahma Sakthi Nagar Phase III 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 500 in 2012 to Rs 335 in 2017, then increased to Rs 500 in 2023, and currently stands at Rs 550 in 2024. There are no figures for the revisions in 2002, 2003, and 2007.

What are the other streets with the same guideline value in Agaramthen?

Other streets in Agaramthen with the same guideline value of Rs 550 per sq.ft include Brahmasakthi Nagar Phase - II, Brahmasakthi Nagar, Bharat Nagar, Bharathi Street, and Bharathidasan Street.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 5,50,000, the stamp duty would be Rs 38,500 and the registration fee would be Rs 11,000, totaling Rs 49,500. The duty is charged on the higher of the guideline value or the sale price.

Which office handles property registrations for Brahma Sakthi Nagar Phase III?

The Tambaram Joint 1 Sub Registrar Office handles property registrations for Brahma Sakthi Nagar Phase III, located at No.26, Mes Road, East Tambaram, Chennai-600059.