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Guideline Value

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Guideline Value for AYYANAR NAGAR 2nd CROSS STREET

₹500/sq.ft.

The guideline value for Ayyanar Nagar 2nd 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 2nd Cross Street

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AYYANAR NAGAR 2nd CROSS STREET guideline value

The current guideline value of AYYANAR NAGAR 2nd CROSS STREET is Rs 500 per sq.ft, effective from 1 July 2024. 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 AYYANAR NAGAR 2nd CROSS STREET has changed

The guideline value has seen several revisions over the years. In 2012, the value was set at Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased significantly by 49% to Rs 500 per sq.ft in 2023, and it remained unchanged in the 2024 revision, also at Rs 500 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.

Overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 500 per sq.ft. The 2023 to 2024 revision showed no change, indicating stability in the guideline value for this street.

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. AYYANAR NAGAR 2nd CROSS STREET's 2024 figure aligns with this median.

Stamp duty and registration fee for property in AYYANAR NAGAR 2nd CROSS STREET

For a 1,000 sq.ft plot at the current rate, the guideline value is 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, making the total Rs 45,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers AYYANAR NAGAR 2nd CROSS STREET?

The Sub Registrar Office that covers AYYANAR NAGAR 2nd CROSS 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 critical factor in property transactions in Uthukottai. It is used to determine the stamp duty and registration fees payable when a property is bought or sold. This value helps ensure that the transaction is recorded accurately and fairly in the official records.

When buying or selling property, the guideline value serves as a benchmark for the transaction price. It is important to note that the duty is charged on the higher of the guideline value or the sale price, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of AYYANAR NAGAR 2nd CROSS STREET?

The current guideline value of AYYANAR NAGAR 2nd 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 changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased back to Rs 500 per sq.ft in 2023 and remained the same in 2024.

What is the land classification for AYYANAR NAGAR 2nd CROSS STREET?

The land classification for AYYANAR NAGAR 2nd CROSS STREET is Residential Class I Type - I.

Which Sub Registrar Office covers this area?

The Oothukkottai Sub Registrar Office covers AYYANAR NAGAR 2nd CROSS STREET, located near the government hospital in Uthukottai.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, on a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 45,000.