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Guideline Value

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Guideline Value for ANNA NAGAR MAIN 2nd STREET

₹500/sq.ft.

The guideline value for Anna Nagar Main 2nd 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 2nd Street

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ANNA NAGAR MAIN 2nd STREET guideline value

The current guideline value of ANNA NAGAR MAIN 2nd STREET is Rs 500 per sq.ft. This street is located in Uthukottai village and falls under the Oothukkottai SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of ANNA NAGAR MAIN 2nd STREET has changed

The guideline value for ANNA NAGAR MAIN 2nd STREET has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged until the 2017 revision, where it decreased to Rs 335 per sq.ft. Following this, the 2023 revision brought the value back up to Rs 500 per sq.ft, maintaining this figure through the 2024 revision, which also stands at Rs 500 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

In terms of percentage changes, from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 500 per sq.ft.

Guideline values in Uthukottai

In Uthukottai, there are a total of 120 streets under the Oothukkottai SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,000 per sq.ft. The median guideline value for these streets is Rs 500 per sq.ft, which is equal to the current guideline value of ANNA NAGAR MAIN 2nd STREET.

Stamp duty and registration fee for property in ANNA NAGAR MAIN 2nd 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 at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers ANNA NAGAR MAIN 2nd STREET?

The Sub Registrar Office that covers ANNA NAGAR MAIN 2nd STREET is 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 a critical factor when buying or selling property in Uthukottai, as it determines the amount of stamp duty and registration fees that need to be paid. It serves as a reference point for the valuation of properties in the area and is used by the registration department to assess the transaction value.

When a property is sold, the buyer must pay the applicable stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of ANNA NAGAR MAIN 2nd STREET?

The current guideline value of ANNA NAGAR MAIN 2nd STREET is Rs 500 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 500 per sq.ft since the 2023 revision, after a decrease to Rs 335 per sq.ft in 2017. The 2012 revision also set the value at Rs 500 per sq.ft, indicating fluctuations over the years.

What is the land classification for ANNA NAGAR MAIN 2nd STREET?

ANNA NAGAR MAIN 2nd STREET is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where is the Oothukkottai Sub Registrar Office located?

The Oothukkottai Sub Registrar Office is located near the government hospital in Uthukottai, Chennai, 602026. This office handles the registration of properties in the area.

How is stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. This amount is then subject to a percentage rate, which varies depending on the state regulations.