Guideline Value for CHETTIAR BURIALGROUND BACKSIDE 1st STREET

CHETTIAR BURIALGROUND BACKSIDE 1st STREET guideline value

The current guideline value for CHETTIAR BURIALGROUND BACKSIDE 1st STREET is Rs 300 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 III Type - I.

How the guideline value of CHETTIAR BURIALGROUND BACKSIDE 1st STREET has changed

Since the 2012 revision, the guideline value for CHETTIAR BURIALGROUND BACKSIDE 1st STREET has seen various changes. In 2012, the value was Rs 300 per sq.ft, which dropped to Rs 201 per sq.ft in 2017. Following this, the value increased to Rs 300 per sq.ft in both 2023 and 2024, showing a significant increase of 49% from 2017 to 2023. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Overall, from 2012 to 2024, the guideline value has remained at Rs 300 per sq.ft, indicating no change during this period. The consistency in the guideline value from 2023 to 2024 reflects stability in the pricing for this street.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO that have a guideline value for 2024, ranging from Rs 200 to Rs 1,000 per sq.ft. The median guideline value for these streets is Rs 500 per sq.ft, which means that CHETTIAR BURIALGROUND BACKSIDE 1st STREET's 2024 figure is below this median.

• CHETTIAR BURIALGROUND BACKSIDE 2nd STREET: Rs 300 per sq.ft (2024)
• Chettiar Burialground Road: Rs 300 per sq.ft (2024)
• Chetty Street: Rs 500 per sq.ft (2024)
• Chenjulakshmi Nagar Street: Rs 500 per sq.ft (2024)
• Chelliamman Nagar: Rs 500 per sq.ft (2024)
• Chelliamman Koil Road: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in CHETTIAR BURIALGROUND BACKSIDE 1st STREET

For a 1,000 sq.ft plot at the current rate of Rs 300 per sq.ft, the guideline value would be Rs 3,00,000. The stamp duty at 7% would amount to Rs 21,000, while the registration fee at 2% would be Rs 6,000, totaling Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers CHETTIAR BURIALGROUND BACKSIDE 1st STREET?

The CHETTIAR BURIALGROUND BACKSIDE 1st STREET falls under the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more details.

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

When buying or selling property in Uthukottai, the guideline value plays a crucial role in determining the amount of stamp duty and registration fees payable. The guideline value is used as a benchmark to assess the transaction value, ensuring that the property is registered at a fair and standardized rate.

The registration process involves calculating fees based on the guideline value, which helps maintain transparency and consistency in property transactions. Buyers and sellers should be aware of these values to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for CHETTIAR BURIALGROUND BACKSIDE 1st STREET?

The current guideline value for CHETTIAR BURIALGROUND BACKSIDE 1st STREET is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has fluctuated over the years, with a notable decrease from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, followed by an increase back to Rs 300 per sq.ft in 2023 and 2024.

What is the land classification for this street?

CHETTIAR BURIALGROUND BACKSIDE 1st STREET is classified as Residential Class III Type - I.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 3,00,000, the stamp duty would be Rs 21,000 and the registration fee would be Rs 6,000, totaling Rs 27,000.

Where is the Sub Registrar Office located?

The Oothukkottai Sub Registrar Office is located near the government hospital in Uthukottai, 602026, Chennai registration zone.