Guideline Value for KALAIGNAR NAGAR 2nd LANE

₹200/sq.ft.

The guideline value for Kalaignar Nagar 2nd Lane in Uthukottai village (Oothukkottai SRO, Chennai zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthukottai

Village

Oothukkottai

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹200 /sq.ft.
From 1-4-2023 ₹200 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹134 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹200 /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 Kalaignar Nagar 2nd Lane

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KALAIGNAR NAGAR 2nd LANE guideline value

The current guideline value for KALAIGNAR NAGAR 2nd LANE is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village, under the Oothukkottai SRO, classified as Residential Class IV Type - I.

How the guideline value of KALAIGNAR NAGAR 2nd LANE has changed

The guideline value for KALAIGNAR NAGAR 2nd LANE has seen several revisions over the years. In 2012, the value was Rs 200 per sq.ft, which then dropped to Rs 134 per sq.ft in 2017. Following this, the value increased by 49% to Rs 200 per sq.ft in 2023, and it remained the same in the 2024 revision.

Notably, there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has experienced no change, remaining at Rs 200 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 a median value of Rs 500 per sq.ft. The guideline value for KALAIGNAR NAGAR 2nd LANE is below this median.

Stamp duty and registration fee for property in KALAIGNAR NAGAR 2nd LANE

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers KALAIGNAR NAGAR 2nd LANE?

The KALAIGNAR NAGAR 2nd LANE is covered by 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 plays a crucial role in the registration process when buying or selling property in Uthukottai. It determines the minimum value at which a property can be registered, ensuring that transactions are recorded accurately in accordance with government regulations.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees, which are necessary for the legal transfer of ownership. Buyers should be aware that these costs are based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of KALAIGNAR NAGAR 2nd LANE?

The current guideline value of KALAIGNAR NAGAR 2nd LANE is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024. Overall, there has been no change from 2012 to 2024.

What is the stamp duty for property in KALAIGNAR NAGAR 2nd LANE?

The stamp duty for property in KALAIGNAR NAGAR 2nd LANE is 7% of the guideline value or sale price, whichever is higher. For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000.

Where is the Oothukkottai Sub Registrar Office located?

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

What other streets have the same guideline value in Uthukottai?

Other streets in Uthukottai with the same guideline value of Rs 200 per sq.ft in 2024 include KALAIGNAR NAGAR 2nd MAIN ROAD, KALAIGNAR NAGAR 1st MAIN ROAD, KALAIGNAR NAGAR 3rd LANE, KALAIGNAR NAGAR 1st LANE, and KALAIGNAR NAGAR 4th LANE.