Guideline Value

Corporate

Guideline Value for KALAIGNAR NAGAR 4th LANE

₹200/sq.ft.

The guideline value for Kalaignar Nagar 4th 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 4th Lane

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KALAIGNAR NAGAR 4th LANE guideline value

The current guideline value of KALAIGNAR NAGAR 4th LANE is Rs 200 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 IV Type - I.

How the guideline value of KALAIGNAR NAGAR 4th LANE has changed

The guideline value for KALAIGNAR NAGAR 4th LANE has undergone several revisions over the years. The earliest available figure is from 2012, where the guideline value was Rs 200 per sq.ft. In 2017, it decreased to Rs 134 per sq.ft, marking a decline of 33%. However, this value increased significantly to Rs 200 per sq.ft in the 2023 revision, reflecting a growth of 49%. The current 2024 revision maintains this value at Rs 200 per sq.ft, indicating no change from the previous year.

There are no figures available for the revisions in 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has remained unchanged 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. KALAIGNAR NAGAR 4th LANE's 2024 figure is below this median.

Stamp duty and registration fee for property in KALAIGNAR NAGAR 4th LANE

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total 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, bringing the total to Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers KALAIGNAR NAGAR 4th LANE?

The Sub Registrar Office that covers KALAIGNAR NAGAR 4th LANE 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 in the registration of properties in Uthukottai. It serves as a benchmark for calculating the stamp duty and registration fees that are payable when a property transaction occurs. Buyers and sellers must consider this value to ensure compliance with local regulations during the registration process.

When a property is sold, the guideline value is used to determine the applicable fees, and it is essential to note that the duty is charged on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of KALAIGNAR NAGAR 4th LANE?

The current guideline value of KALAIGNAR NAGAR 4th 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. There are no figures for the years 2002, 2003, and 2007 for this street.

What is the land classification of KALAIGNAR NAGAR 4th LANE?

KALAIGNAR NAGAR 4th LANE is classified as Residential Class IV Type - I.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7%, calculated on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for KALAIGNAR NAGAR 4th LANE located?

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