Guideline Value

Corporate

Guideline Value for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET

₹500/sq.ft.

The guideline value for Elumalai Reddiar Mandapam South 3rd 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 3rd Cross Street

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ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET guideline value

The current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET is Rs 500 per sq.ft. This street is located in Uthukottai village under the Oothukkottai SRO, classified as Residential Class I Type - I.

How the guideline value of ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET has changed

The guideline value for this street has seen several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which remained unchanged in the 2017 revision. However, in 2017, the value was Rs 335 per sq.ft, indicating a decrease of 33% from the previous revision. From 2017 to 2023, the value increased significantly by 49%, returning to Rs 500 per sq.ft. The 2024 revision has maintained this value at Rs 500 per sq.ft, showing no change from the 2023 figure.

It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained stable at Rs 500 per sq.ft.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,000 per sq.ft, with the median value being Rs 500 per sq.ft. The guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET aligns with this median.

Stamp duty and registration fee for property in ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, resulting in a total of Rs 45,000 for these charges. Please note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET?

The ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026. 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 critical factor in the registration process of property transactions in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transfer of property ownership.

When buying or selling property, the guideline value ensures that the transaction is recorded accurately, reflecting the official value of the property. This helps in maintaining transparency and accountability in real estate dealings.

Frequently asked questions

What is the current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET?

The current guideline value for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd 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 remained at Rs 500 per sq.ft from 2012 to 2024, with a notable increase of 49% from 2017 to 2023. The value was Rs 335 per sq.ft in 2017, which marked a decrease from the previous revision.

What is the land classification for this street?

ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the registration office for this area?

The registration office for ELUMALAI REDDIAR MANDAPAM SOUTH 3rd CROSS STREET is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026.

How is stamp duty calculated for properties in Uthukottai?

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