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Guideline Value

Corporate

Guideline Value for AYYANAR NAGAR 2nd LANE

₹500/sq.ft.

The guideline value for Ayyanar Nagar 2nd Lane 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 Lane

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AYYANAR NAGAR 2nd LANE guideline value

The current guideline value for AYYANAR NAGAR 2nd LANE is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village, under the Oothukkottai SRO, and is classified as Residential Class I Type - I.

How the guideline value of AYYANAR NAGAR 2nd LANE has changed

Over the years, the guideline value for AYYANAR NAGAR 2nd LANE has seen several revisions. The register shows no figures for the years 2002, 2003, and 2007. In 2012, the guideline value was Rs 500 per sq.ft, which remained unchanged until the 2017 revision when it decreased to Rs 335 per sq.ft. Following this, the value increased significantly to Rs 500 per sq.ft in 2023, maintaining that same rate in the 2024 revision.

From 2012 to 2017, there was a decrease of 33%, while the increase from 2017 to 2023 was 49%. Notably, the overall change from 2012 to 2024 shows no change, as the value returned to Rs 500 per sq.ft in both 2012 and 2024.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft. The median value is Rs 500 per sq.ft, making AYYANAR NAGAR 2nd LANE's 2024 figure equal to this median.

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

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 5,00,000. The stamp duty at 7% amounts to Rs 35,000, and the registration fee at 2% is Rs 10,000, totaling Rs 45,000. It is important to note that 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 more details.

Which Sub Registrar Office covers AYYANAR NAGAR 2nd LANE?

The AYYANAR NAGAR 2nd LANE is covered by 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 crucial factor during property registration in Uthukottai. It determines the minimum value at which a property can be registered and is used to calculate the stamp duty and registration fees payable at the time of the transaction.

When buying or selling a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for AYYANAR NAGAR 2nd LANE?

The current guideline value for AYYANAR NAGAR 2nd LANE 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 no figures recorded for the years 2002, 2003, and 2007. It was Rs 500 per sq.ft in 2012, decreased to Rs 335 per sq.ft in 2017, and then returned to Rs 500 per sq.ft in 2023 and 2024.

What is the classification of AYYANAR NAGAR 2nd LANE?

AYYANAR NAGAR 2nd LANE is classified as Residential Class I Type - I, indicating its suitability for residential purposes.

Where can I find the registration office for AYYANAR NAGAR 2nd LANE?

The registration office for AYYANAR NAGAR 2nd LANE is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone.

How is stamp duty calculated for properties in AYYANAR NAGAR 2nd LANE?

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