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Guideline Value

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Guideline Value for AYYANAR NAGAR 1st CROSS STREET

₹500/sq.ft.

The guideline value for Ayyanar Nagar 1st Cross 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 Ayyanar Nagar 1st Cross Street

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AYYANAR NAGAR 1st CROSS STREET guideline value

The current guideline value of AYYANAR NAGAR 1st CROSS 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 AYYANAR NAGAR 1st CROSS STREET has changed

The guideline value for AYYANAR NAGAR 1st CROSS 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 2023 revision, also at Rs 500 per sq.ft. The 2017 revision had a lower value of Rs 335 per sq.ft, reflecting a decrease of 33% from the 2012 figure. From 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 500 per sq.ft in both 2023 and 2024, showing no change of 0% between these two revisions.

It is important to note that the register does not contain figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained stable at Rs 500 per sq.ft, indicating no change during 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 of Rs 500 per sq.ft. AYYANAR NAGAR 1st CROSS STREET's 2024 figure aligns with this median value.

Stamp duty and registration fee for property in AYYANAR NAGAR 1st CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total charges to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers AYYANAR NAGAR 1st CROSS STREET?

The AYYANAR NAGAR 1st CROSS STREET falls under the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. To find your SRO, visit find your SRO.

How the guideline value is used when you buy or sell in Uthukottai

The guideline value is a crucial factor in property transactions in Uthukottai, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices and preparing for registration.

During the registration process, the stamp duty and registration fees are calculated 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 AYYANAR NAGAR 1st CROSS STREET?

The current guideline value of AYYANAR NAGAR 1st CROSS 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 remained at Rs 500 per sq.ft from 2012 to 2024, with a previous decrease to Rs 335 per sq.ft in 2017. There was a 49% increase from 2017 to 2023, but no change from 2023 to 2024.

What is the land classification of AYYANAR NAGAR 1st CROSS STREET?

AYYANAR NAGAR 1st CROSS STREET is classified as Residential Class I Type - I.

What are the stamp duty rates for properties in this area?

The stamp duty rate for properties in AYYANAR NAGAR 1st CROSS STREET is 7%, while the registration fee is 2% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office covering AYYANAR NAGAR 1st CROSS STREET is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone.