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Guideline Value

Corporate

Guideline Value for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET

₹200/sq.ft.

The guideline value for Ambedkarnagar New Colony 2nd Lane Cross 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 New Colony 2nd Lane Cross Street

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AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET guideline value

The current guideline value for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village, under the Oothukkottai SRO, and falls under the Residential Class IV Type - I land classification.

How the guideline value of AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET has changed

The guideline value for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET has seen several revisions over the years. The 2012 revision set the value at Rs 100 per sq.ft, which was then reduced by 33% to Rs 67 per sq.ft in the 2017 revision. Following this, the value increased significantly by 199% to Rs 200 per sq.ft in the 2023 revision, remaining unchanged in the 2024 revision.

The register does not have figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 100% from Rs 100 per sq.ft to Rs 200 per sq.ft.

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 NEW COLONY 2nd LANE CROSS STREET is below this median.

Stamp duty and registration fee for property in AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET

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

You can use the stamp duty and registration fee calculator for further assistance.

Which Sub Registrar Office covers AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET?

The AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET falls under 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 critical factor during the registration of property transactions in Uthukottai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET?

The current guideline value for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS 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 200 per sq.ft in 2024, with significant changes in 2017 and 2023 where it rose from Rs 67 per sq.ft to Rs 200 per sq.ft.

What are the stamp duty and registration fees for property in this area?

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 registrations for this street?

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

What is the land classification for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET?

The land classification for AMBEDKARNAGAR NEW COLONY 2nd LANE CROSS STREET is Residential Class IV Type - I.