Guideline Value

Corporate

Guideline Value for Alcot Kuppam Slum

₹4400/sq.ft.

The guideline value for Alcot Kuppam Slum in Urur village (Adayar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /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 Slum

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Alcot Kuppam Slum guideline value

The current guideline value of Alcot Kuppam Slum is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is located in Urur village under the Adayar SRO, and is classified as Residential Class IV Type - III.

How the guideline value of Alcot Kuppam Slum has changed

Over the years, the guideline value for Alcot Kuppam Slum has seen several revisions. The 2012 revision set the value at Rs 4,000 per sq.ft, which was a decrease of 33% from Rs 2,680 per sq.ft in 2017. The 2023 revision increased the value to Rs 4,000 per sq.ft, and the latest 2024 revision raised it further to Rs 4,400 per sq.ft, marking a 10% increase from the previous year.

From the 2012 revision to the 2024 revision, the overall change is a 10% increase. There are no figures available for the years 2002, 2003, and 2007 for this street in the register.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO that carry 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. Alcot Kuppam Slum's 2024 figure is below this median.

Stamp duty and registration fee for property in Alcot Kuppam Slum

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 44,00,000. The stamp duty at 7% amounts to Rs 3,08,000, and the registration fee at 2% is Rs 88,000, totaling Rs 3,96,000. Please note that the 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 more details.

Which Sub Registrar Office covers Alcot Kuppam Slum?

The Alcot Kuppam Slum is covered by 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 during the registration of property transactions in Urur. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When a buyer or seller engages in a transaction, the guideline value is referenced to ensure that the appropriate taxes are levied. This helps maintain transparency and consistency in property transactions within the area.

Frequently asked questions

What is the current guideline value of Alcot Kuppam Slum?

The current guideline value of Alcot Kuppam Slum is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2012 to Rs 4,400 per sq.ft in 2024. The most significant increase was from Rs 2,680 per sq.ft in 2017 to Rs 4,000 per sq.ft in 2023.

What are the other streets in Urur with guideline values?

Other streets in Urur include Alcot Kuppam Road, Alcot Kuppam Main Road, and Alcot Kuppam Housing Board, all valued at Rs 7,700 per sq.ft in 2024, along with Alcot Kuppam 3rd, 2nd, and 1st Cross Streets, each valued at Rs 4,400 per sq.ft.

What is the stamp duty for property in Alcot Kuppam Slum?

The stamp duty for property in Alcot Kuppam Slum is 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot, the stamp duty amounts to Rs 3,08,000.

Where can I find the Adayar Sub Registrar Office?

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 Slum.