Guideline Value

Corporate

Guideline Value for ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET

₹500/sq.ft.

The guideline value for Elumalai Reddiar Mandapam South 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 Elumalai Reddiar Mandapam South 2nd Cross Street

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ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET guideline value

The current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET is Rs 500 per sq.ft. 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 ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET has changed

The guideline value for this street has undergone several revisions over the years. The earliest available revision is from 2012, where the guideline value was Rs 500 per sq.ft. This remained unchanged until the 2017 revision, where it dropped to Rs 335 per sq.ft. However, by the 2023 revision, the value increased significantly to Rs 500 per sq.ft, which was maintained in the 2024 revision, showing no change from the previous year.

From 2017 to 2023, there was a notable increase of 49%. In contrast, the 2012 to 2017 period saw a decrease of 33%. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 500 per sq.ft. The register has no figures for the revisions in 2002, 2003, and 2007 for this street.

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, which is equal to the guideline value of ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET.

Stamp duty and registration fee for property in ELUMALAI REDDIAR MANDAPAM SOUTH 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% amounts to Rs 35,000, and the registration fee at 2% is Rs 10,000, totaling 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 more details.

Which Sub Registrar Office covers ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET?

The Sub Registrar Office covering ELUMALAI REDDIAR MANDAPAM SOUTH 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 an important figure used during the registration of property transactions in Uthukottai. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When buying or selling property, the guideline value helps determine the legal value of the property, which is essential for both the buyer and seller. It ensures that the government receives the appropriate taxes based on the established rates.

Frequently asked questions

What is the current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET?

The current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 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 seen various changes, with the most recent revision in 2024 maintaining the value at Rs 500 per sq.ft, the same as in 2023. The value was Rs 335 per sq.ft in 2017 and Rs 500 per sq.ft in 2012.

What is the classification of ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET?

ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET is classified as Residential Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for ELUMALAI REDDIAR MANDAPAM SOUTH 2nd CROSS STREET is located at the Oothukkottai Sub Registrar Office, near the government hospital in Uthukottai, 602026, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 at a rate of 7%.