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Guideline Value

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Guideline Value for AMBEDKARNAGAR ANNA 1st STREET

₹200/sq.ft.

The guideline value for Ambedkarnagar Anna 1st Street in Uthukottai village (Oothukkottai SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthukottai

Village

Oothukkottai

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹67 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹100 /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)

Near-government Hospital Uthukottai. 602026
044-27631361
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Ambedkarnagar Anna 1st Street

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AMBEDKARNAGAR ANNA 1st STREET guideline value

The current guideline value of AMBEDKARNAGAR ANNA 1st STREET is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village and falls under the Oothukkottai SRO. The land classification for this area is Residential Class IV Type - I.

How the guideline value of AMBEDKARNAGAR ANNA 1st STREET has changed

The guideline value for AMBEDKARNAGAR ANNA 1st STREET has seen several revisions over the years. The 2012 revision set the value at Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017. This was a decrease of 33%. In 2023, the value was revised to Rs 200 per sq.ft, and it has remained the same in the 2024 revision, showing no change from the previous year.

From 2017 to 2023, the guideline value increased significantly by 199%. Overall, from the 2012 revision to the 2024 revision, there has been a 100% increase in the guideline value. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft. The median value among these streets is Rs 500 per sq.ft, placing AMBEDKARNAGAR ANNA 1st STREET below the median.

Stamp duty and registration fee for property in AMBEDKARNAGAR ANNA 1st STREET

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers AMBEDKARNAGAR ANNA 1st STREET?

The Sub Registrar Office that covers AMBEDKARNAGAR ANNA 1st STREET is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Uthukottai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is documented accurately.

When a property is sold, the guideline value helps in calculating the stamp duty and registration fees, which are mandatory for the legal transfer of property ownership. This ensures that all transactions are conducted transparently and within the framework of the law.

Frequently asked questions

What is the current guideline value of AMBEDKARNAGAR ANNA 1st STREET?

The current guideline value of AMBEDKARNAGAR ANNA 1st STREET is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 100 per sq.ft in 2012 to Rs 67 per sq.ft in 2017, then to Rs 200 per sq.ft in 2023 and 2024. The overall change from 2012 to 2024 is an increase of 100%.

What is the land classification for AMBEDKARNAGAR ANNA 1st STREET?

The land classification for AMBEDKARNAGAR ANNA 1st STREET is Residential Class IV Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for this street?

The registration office covering AMBEDKARNAGAR ANNA 1st STREET is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot valued at Rs 200 per sq.ft, the total costs would include stamp duty at 7% and registration fees at 2%.