Guideline Value

Corporate

Guideline Value for KALAIGNAR NAGAR 2nd MAIN ROAD

₹200/sq.ft.

The guideline value for Kalaignar Nagar 2nd Main Road 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 Main Road

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KALAIGNAR NAGAR 2nd MAIN ROAD guideline value

The current guideline value of KALAIGNAR NAGAR 2nd MAIN ROAD 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 MAIN ROAD has changed

In the 2012 revision, the guideline value was Rs 200 per sq.ft. This figure remained unchanged until the 2017 revision, where it decreased to Rs 134 per sq.ft. Following that, the value increased significantly to Rs 200 per sq.ft in the 2023 revision, and it has remained the same in the 2024 revision, indicating a 49% increase from 2017 to 2023 but no change from 2023 to 2024.

Overall, from the 2012 revision to the 2024 revision, the guideline value has not changed, remaining at Rs 200 per sq.ft. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

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. KALAIGNAR NAGAR 2nd MAIN ROAD's 2024 figure is below this median.

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

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. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers KALAIGNAR NAGAR 2nd MAIN ROAD?

The Sub Registrar Office that covers KALAIGNAR NAGAR 2nd MAIN ROAD 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 plays a crucial role during the registration of property transactions in Uthukottai. It serves as a benchmark for calculating the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

When buying or selling property, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

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

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

How has the guideline value changed over the years?

The guideline value has seen various changes, from Rs 200 per sq.ft in 2012, dropping to Rs 134 per sq.ft in 2017, and then returning to Rs 200 per sq.ft in the revisions of 2023 and 2024.

What is the land classification for KALAIGNAR NAGAR 2nd MAIN ROAD?

KALAIGNAR NAGAR 2nd MAIN ROAD is classified as Residential Class IV Type - I.

What is the registration office for KALAIGNAR NAGAR 2nd MAIN ROAD?

The registration office for KALAIGNAR NAGAR 2nd MAIN ROAD is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai.

How is the stamp duty calculated for properties in KALAIGNAR NAGAR 2nd MAIN ROAD?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at Rs 200 per sq.ft, the total guideline value would be Rs 2,00,000, leading to a stamp duty of Rs 14,000 and a registration fee of Rs 4,000.