Guideline Value

Corporate

Guideline Value for Alcot Kuppam Housing Board

₹7700/sq.ft.

The guideline value for Alcot Kuppam Housing Board in Urur village (Adayar SRO, Chennai zone) is Rs 7700 per sq.ft, effective 1 July 2024. It was Rs 7000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹7700 /sq.ft.
From 1-4-2023 ₹7000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4690 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹7000 /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)

51, Kamaraj Avenue,second Street, Adyar, Chennai-20
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Alcot Kuppam Housing Board

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Alcot Kuppam Housing Board guideline value

The current guideline value for Alcot Kuppam Housing Board is Rs 7,700 per sq.ft, effective from 1 July 2024. This property is located in Urur village, under the Adayar SRO, and is classified as Residential Class I Type - I.

How the guideline value of Alcot Kuppam Housing Board has changed

The guideline value for Alcot Kuppam has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 7,700 per sq.ft, which is an increase from Rs 7,000 per sq.ft in 2023, marking a 10% rise. Prior to this, the 2017 revision listed the value at Rs 4,690 per sq.ft, reflecting a significant increase of 49% from that year to 2023. The 2012 revision had the value at Rs 7,000 per sq.ft, which was a decrease of 33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 10%.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. The 2012, 2017, 2023, and 2024 revisions provide the most recent figures for understanding the guideline value changes.

Guideline values in Urur

In Urur village, there are 176 streets under the Adayar SRO that have a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value for Alcot Kuppam Housing Board is above this median, indicating its higher valuation among the streets in the area.

Stamp duty and registration fee for property in Alcot Kuppam Housing Board

For a 1,000 sq.ft plot at the current guideline value of Rs 7,700 per sq.ft, the total guideline value amounts to Rs 77,00,000. The stamp duty is charged at 7%, which totals Rs 5,39,000, and the registration fee is 2%, amounting to Rs 1,54,000. Together, the total cost for stamp duty and registration fee would be Rs 6,93,000. It is important to note that the 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 Alcot Kuppam Housing Board?

The Alcot Kuppam Housing Board falls under the jurisdiction of the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Urur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property, ensuring that the government receives the appropriate revenue from these transactions.

When buying or selling property, the guideline value ensures that both parties are aware of the minimum value at which the property can be registered. This helps in maintaining transparency and accountability in property transactions.

Frequently asked questions

What is the current guideline value for Alcot Kuppam Housing Board?

The current guideline value for Alcot Kuppam Housing Board is Rs 7,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 7,000 per sq.ft in 2023 to Rs 7,700 per sq.ft in 2024, a 10% increase. It was Rs 4,690 per sq.ft in 2017, which increased by 49% to 2023.

What is the land classification for Alcot Kuppam Housing Board?

The land classification for Alcot Kuppam Housing Board is Residential Class I Type - I.

What are the guideline values for other streets in Urur?

Other streets in Urur have varying guideline values, with rates ranging from Rs 4,400 to Rs 7,700 per sq.ft. For example, Alcot Kuppam Main Road and Alcot Kuppam Road both have a value of Rs 7,700 per sq.ft in 2024.

Where is the Adayar Sub Registrar Office located?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. This office handles the registration of properties in Alcot Kuppam Housing Board.