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Guideline Value

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Guideline Value for AMBEDKARNAGAR GANDHI 3rd LANE

₹200/sq.ft.

The guideline value for Ambedkarnagar Gandhi 3rd 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 3rd Lane

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AMBEDKARNAGAR GANDHI 3rd LANE guideline value

The current guideline value of AMBEDKARNAGAR GANDHI 3rd 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 3rd LANE has changed

Since the 2012 revision, the guideline value for AMBEDKARNAGAR GANDHI 3rd LANE has changed significantly. In 2012, the value was Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017, reflecting a decrease of 33%. However, from 2017 to 2023, the value surged to Rs 200 per sq.ft, marking an increase of 199%. The 2023 revision maintained the same value of Rs 200 per sq.ft for 2024, indicating no change.

There are no figures available for the years 2002, 2003, and 2007 in the register 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. AMBEDKARNAGAR GANDHI 3rd LANE's 2024 figure is below this median.

Stamp duty and registration fee for property in AMBEDKARNAGAR GANDHI 3rd 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 at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers AMBEDKARNAGAR GANDHI 3rd LANE?

The Sub Registrar Office that covers AMBEDKARNAGAR GANDHI 3rd LANE 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 determines the minimum value at which the property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When a property is sold, the guideline value serves as a benchmark for calculating the stamp duty and registration fees, which are mandatory for formalizing the sale. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of AMBEDKARNAGAR GANDHI 3rd LANE?

The current guideline value of AMBEDKARNAGAR GANDHI 3rd 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 for 2024.

What is the land classification of AMBEDKARNAGAR GANDHI 3rd LANE?

AMBEDKARNAGAR GANDHI 3rd LANE is classified as Residential Class IV Type - I.

Where can I find the Sub Registrar Office for AMBEDKARNAGAR GANDHI 3rd LANE?

The Sub Registrar Office for AMBEDKARNAGAR GANDHI 3rd LANE is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai.

How is stamp duty calculated for properties in Uthukottai?

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