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Guideline Value

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Guideline Value for AMBEDKARNAGAR GANDHI 2nd LANE

₹200/sq.ft.

The guideline value for Ambedkarnagar Gandhi 2nd 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 2nd Lane

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AMBEDKARNAGAR GANDHI 2nd LANE guideline value

The current guideline value of AMBEDKARNAGAR GANDHI 2nd LANE is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village under the Oothukkottai SRO and is classified as Residential Class IV Type - I.

How the guideline value of AMBEDKARNAGAR GANDHI 2nd LANE has changed

As per the revisions, the guideline value for AMBEDKARNAGAR GANDHI 2nd LANE has seen several changes over the years. In 2012, the guideline value was Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017. This was a decrease of 33%. However, from 2017 to 2023, the value rose significantly to Rs 200 per sq.ft, marking an increase of 199%. The 2023 revision maintained the same value of Rs 200 per sq.ft, and the 2024 revision continues this rate.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 100%.

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, with a median value of Rs 500 per sq.ft. The guideline value for AMBEDKARNAGAR GANDHI 2nd LANE is below this median.

Stamp duty and registration fee for property in AMBEDKARNAGAR GANDHI 2nd LANE

For a 1,000 sq.ft plot at the current rate, the guideline value is 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, making the total Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers AMBEDKARNAGAR GANDHI 2nd LANE?

The AMBEDKARNAGAR GANDHI 2nd LANE is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai - 602026. 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 an essential factor when registering property transactions in Uthukottai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This is crucial for both buyers and sellers, as it affects the overall cost of the transaction.

Frequently asked questions

What is the current guideline value for AMBEDKARNAGAR GANDHI 2nd LANE?

The current guideline value for AMBEDKARNAGAR GANDHI 2nd 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 to Rs 200 per sq.ft in both 2023 and 2024.

What is the land classification for AMBEDKARNAGAR GANDHI 2nd LANE?

AMBEDKARNAGAR GANDHI 2nd LANE is classified as Residential Class IV Type - I.

Which office handles registrations for this area?

The Oothukkottai Sub Registrar Office handles registrations for AMBEDKARNAGAR GANDHI 2nd LANE, located near the government hospital in Uthukottai.

How is the stamp duty calculated for properties in Uthukottai?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property with a guideline value of Rs 2,00,000, the stamp duty would be Rs 14,000 at 7%.