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Guideline Value

Corporate

Guideline Value for AMBEDKARNAGAR GANDHI MAIN 1st STREET

₹200/sq.ft.

The guideline value for Ambedkarnagar Gandhi Main 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 Gandhi Main 1st Street

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AMBEDKARNAGAR GANDHI MAIN 1st STREET guideline value

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

How the guideline value of AMBEDKARNAGAR GANDHI MAIN 1st STREET has changed

The guideline value for AMBEDKARNAGAR GANDHI MAIN 1st STREET has remained stable at Rs 200 per sq.ft from the 2023 revision to the 2024 revision, showing no change. Prior to this, the guideline value was also Rs 200 per sq.ft in the 2023 revision, indicating consistency in valuation over the last two years.

Looking back further, the guideline value was Rs 67 per sq.ft in the 2017 revision, which reflects a significant increase of 199% to reach the current value. The 2012 revision recorded a guideline value of Rs 100 per sq.ft, which means there was a decrease of 33% in the subsequent 2017 revision. 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 MAIN 1st STREET's 2024 guideline value is below this median.

Stamp duty and registration fee for property in AMBEDKARNAGAR GANDHI MAIN 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 and the sale price.

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

Which Sub Registrar Office covers AMBEDKARNAGAR GANDHI MAIN 1st STREET?

The Sub Registrar Office that covers AMBEDKARNAGAR GANDHI MAIN 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 when registering property in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction. Buyers and sellers should be aware that the guideline value may influence the overall cost of property transactions.

When a property is sold, the registration office uses the guideline value to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions based on established values rather than fluctuating market prices.

Frequently asked questions

What is the current guideline value for AMBEDKARNAGAR GANDHI MAIN 1st STREET?

The current guideline value for AMBEDKARNAGAR GANDHI MAIN 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 remained at Rs 200 per sq.ft since the 2023 revision. It was Rs 67 per sq.ft in 2017 and Rs 100 per sq.ft in 2012, showing a significant increase over the years.

What is the land classification for AMBEDKARNAGAR GANDHI MAIN 1st STREET?

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

What are the stamp duty and registration fees for this street?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000 and the registration fee would be Rs 4,000, totaling Rs 18,000.

Which office handles property registrations in Uthukottai?

The Oothukkottai Sub Registrar Office handles property registrations in Uthukottai, located near the government hospital in Uthukottai, 602026, Chennai registration zone.