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Guideline Value

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Guideline Value for West Kamokodi nagar Agathiyar Street 2nd Cross Street

₹4400/sq.ft.

The guideline value for West Kamokodi Nagar Agathiyar Street 2nd Cross Street in Valasaravakkam village (Virugambakkam SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Valasaravakkam

Village

Virugambakkam

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹4000 /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. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037
044-23641794
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on West Kamokodi Nagar Agathiyar Street 2nd Cross Street

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West Kamokodi nagar Agathiyar Street 2nd Cross Street guideline value

The current guideline value for West Kamokodi nagar Agathiyar Street 2nd Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Valasaravakkam village and falls under the Virugambakkam SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of West Kamokodi nagar Agathiyar Street 2nd Cross Street has changed

The guideline value for West Kamokodi nagar Agathiyar Street 2nd Cross Street has undergone several revisions over the years. The 2012 revision set the guideline value at Rs 4,000 per sq.ft, which remained unchanged in the 2023 revision. However, with the 2024 revision, the value increased to Rs 4,400 per sq.ft, marking a 10% rise from the previous year.

Between the 2012 and 2024 revisions, the overall change was also +10%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2017 in the register for this street.

Guideline values in Valasaravakkam

In Valasaravakkam, there are 774 streets under the Virugambakkam SRO, with guideline values ranging from Rs 2,750 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 3,850 per sq.ft, placing the 2024 figure for West Kamokodi nagar Agathiyar Street 2nd Cross Street above this median.

Stamp duty and registration fee for property in West Kamokodi nagar Agathiyar Street 2nd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers West Kamokodi nagar Agathiyar Street 2nd Cross Street?

The West Kamokodi nagar Agathiyar Street 2nd Cross Street falls under the jurisdiction of the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in property transactions in Valasaravakkam. It is used as a benchmark for calculating stamp duty and registration fees, ensuring that both buyers and sellers have a clear understanding of the financial implications involved in the transaction.

When registering a property, the guideline value is referenced to determine the applicable duties. This ensures that the registration process is transparent and consistent, providing a reliable framework for property transactions in the area.

Frequently asked questions

What is the current guideline value for West Kamokodi nagar Agathiyar Street 2nd Cross Street?

The current guideline value for West Kamokodi nagar Agathiyar Street 2nd Cross Street is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2012 to Rs 4,400 per sq.ft in 2024, reflecting a 10% increase. There was no change from 2012 to 2023, and the register has no figures for the years 2002, 2003, 2007, and 2017.

What is the land classification for this street?

The land classification for West Kamokodi nagar Agathiyar Street 2nd Cross Street is Residential Class I Type - II.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in this area is 7% of the guideline value or the sale price, whichever is higher. This is applicable at the time of registration.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office covering West Kamokodi nagar Agathiyar Street 2nd Cross Street is the Virugambakkam Sub Registrar Office, located at No. 576 Mogappair West, Ambattur Industrial Estate, Chennai 600 037.