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Guideline Value

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Guideline Value for ANNA NAGAR MAIN 1st STREET

₹500/sq.ft.

The guideline value for Anna Nagar Main 1st Street in Uthukottai village (Oothukkottai SRO, Chennai zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthukottai

Village

Oothukkottai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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 Anna Nagar Main 1st Street

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ANNA NAGAR MAIN 1st STREET guideline value

The current guideline value of ANNA NAGAR MAIN 1st STREET is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village under the Oothukkottai SRO, classified as Residential Class I Type - I.

How the guideline value of ANNA NAGAR MAIN 1st STREET has changed

Looking at the revisions, the guideline value for ANNA NAGAR MAIN 1st STREET has seen several changes over the years. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged until the 2023 revision, which also recorded Rs 500 per sq.ft. However, from 2012 to 2017, there was a decrease to Rs 335 per sq.ft, followed by a significant increase of 49% from 2017 to 2023, bringing it back to Rs 500 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2023 to 2024, there has been no change, maintaining the guideline value at Rs 500 per sq.ft. Overall, comparing the 2012 and 2024 revisions, the guideline value has remained stable, showing a 0% change over this period.

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. ANNA NAGAR MAIN 1st STREET's 2024 figure aligns with this median.

Stamp duty and registration fee for property in ANNA NAGAR MAIN 1st STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty is charged at 7%, which would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, leading to a total of Rs 45,000 in fees. Duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ANNA NAGAR MAIN 1st STREET?

ANNA NAGAR MAIN 1st 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 plays a crucial role during property transactions in Uthukottai. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value is referenced to calculate the applicable fees, which are based on the higher of the guideline value or the sale price. This ensures transparency and uniformity in property transactions across the region.

Frequently asked questions

What is the current guideline value of ANNA NAGAR MAIN 1st STREET?

The current guideline value of ANNA NAGAR MAIN 1st STREET is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen various changes, with a notable increase of 49% from Rs 335 per sq.ft in 2017 to Rs 500 per sq.ft in 2023. There has been no change from 2023 to 2024.

What is the land classification for ANNA NAGAR MAIN 1st STREET?

ANNA NAGAR MAIN 1st STREET is classified as Residential Class I Type - I, indicating its suitability for residential development.

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

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

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 of the property. For example, for a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 at 7%.