Guideline Value for SRI AGATHESHWARAR NAGAR

Sri Agatheshwarar Nagar guideline value

The current guideline value of Sri Agatheshwarar Nagar is Rs 896 per sq.ft, effective from 1 July 2024. This area is located in Orathur village, under the Gooduvancheri SRO, and is classified as Mixed Type - II.

How the guideline value of Sri Agatheshwarar Nagar has changed

In the 2023 revision, the guideline value for Sri Agatheshwarar Nagar was Rs 896 per sq.ft, which remains unchanged in the 2024 revision. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the guideline value has seen no increase from 2023 to 2024, maintaining a steady rate of Rs 896 per sq.ft throughout this period.

Guideline values in Orathur

In Orathur, there are 80 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 335 to Rs 1,700 per sq.ft, with a median value of Rs 500 per sq.ft. Sri Agatheshwarar Nagar's 2024 figure is above this median.

• Sri Alamelumangapuram: Rs 500 per sq.ft (2024)
• Sri Astalakshmi Garden: Rs 500 per sq.ft (2024)
• S.R.B Avenue: Rs 500 per sq.ft (2024)
• Sri Devi Karumariyamman Nagar: Rs 500 per sq.ft (2024)
• Sri Ganesh Nagar: Rs 500 per sq.ft (2024)
• Shruthi Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Sri Agatheshwarar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 896 per sq.ft, the total guideline value would be Rs 8,96,000. The stamp duty at 7% would amount to Rs 62,720, and the registration fee at 2% would be Rs 17,920, bringing the total costs together to Rs 80,640. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Sri Agatheshwarar Nagar?

The Sub Registrar Office that covers Sri Agatheshwarar Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is an important factor in the registration process when buying or selling property in Orathur. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately in the official records.

When a property is sold, the buyer must pay stamp duty and registration fees based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Sri Agatheshwarar Nagar?

The current guideline value of Sri Agatheshwarar Nagar is Rs 896 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained constant at Rs 896 per sq.ft from 2023 to 2024. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Sri Agatheshwarar Nagar?

Sri Agatheshwarar Nagar is classified as Mixed Type - II, which indicates the type of land use permitted in the area.

What is the registration office for properties in this area?

The registration office for properties in Sri Agatheshwarar Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

How is the stamp duty calculated for properties in Sri Agatheshwarar Nagar?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 8,96,000, the stamp duty at 7% would be Rs 62,720.