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Guideline Value

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Guideline Value for AMBEDKARNAGAR GANDHI 1st LANE

₹200/sq.ft.

The guideline value for Ambedkarnagar Gandhi 1st Lane 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 Gandhi 1st Lane

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AMBEDKARNAGAR GANDHI 1st LANE guideline value

The current guideline value of AMBEDKARNAGAR GANDHI 1st LANE, located in Uthukottai village under the Oothukkottai SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class IV Type - I.

How the guideline value of AMBEDKARNAGAR GANDHI 1st LANE has changed

Over the years, the guideline value for AMBEDKARNAGAR GANDHI 1st LANE has seen several revisions. The 2012 revision set the value at Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017. However, from 2017 to 2023, there was a significant increase of 199%, bringing the value back to Rs 200 per sq.ft, where it remained unchanged through the 2024 revision.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 100% to the current rate of Rs 200 per sq.ft.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft. The median guideline value for these streets is Rs 500 per sq.ft, indicating that AMBEDKARNAGAR GANDHI 1st LANE's value is below this median.

Stamp duty and registration fee for property in AMBEDKARNAGAR GANDHI 1st LANE

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

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers AMBEDKARNAGAR GANDHI 1st LANE?

The AMBEDKARNAGAR GANDHI 1st LANE falls under the jurisdiction of the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Uthukottai. When buying or selling property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that both parties are aware of the costs involved in the transaction.

Additionally, the guideline value serves as a benchmark for property valuation during registration. It helps in maintaining transparency and consistency in property transactions, providing a standardized reference point for buyers and sellers alike.

Frequently asked questions

What is the current guideline value of AMBEDKARNAGAR GANDHI 1st LANE?

The current guideline value of AMBEDKARNAGAR GANDHI 1st LANE 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 increased to Rs 200 per sq.ft in 2023 and remained the same in 2024.

What is the land classification for AMBEDKARNAGAR GANDHI 1st LANE?

AMBEDKARNAGAR GANDHI 1st LANE is classified as Residential Class IV Type - I.

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

The Sub Registrar Office covering AMBEDKARNAGAR GANDHI 1st LANE is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone.

How is stamp duty calculated for property in Uthukottai?

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 2,00,000, the stamp duty would be Rs 14,000 at the rate of 7%.