Guideline Value for KAMARAJ KALYANAMANDAPAM STREET

Kamaraj Kalyanamandapam Street guideline value

The current guideline value of Kamaraj Kalyanamandapam Street is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village and falls under the Oothukkottai SRO. The land classification for this street is Residential Class I Type - I.

How the guideline value of Kamaraj Kalyanamandapam Street has changed

Over the years, the guideline value of Kamaraj Kalyanamandapam Street has seen several revisions. The 2012 revision set the value at Rs 500 per sq.ft, which was then followed by a decrease to Rs 335 per sq.ft in 2017. From 2017 to 2023, the value increased significantly by 49%, bringing it back to Rs 500 per sq.ft. The 2023 revision maintained this value, and the 2024 revision also confirms the guideline value at Rs 500 per sq.ft, showing no change from the previous year.

It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for Kamaraj Kalyanamandapam Street. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 500 per sq.ft.

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 2024 figure for Kamaraj Kalyanamandapam Street.

• Kamaraj Kalyanamandapam Opposide Street: Rs 500 per sq.ft (2024)
• KAMARAJ KALYANAMANDAPAM WEST 1st LANE: Rs 500 per sq.ft (2024)
• Kamarajar Street: Rs 500 per sq.ft (2024)
• KAMBER 1st STREET: Rs 500 per sq.ft (2024)
• KAMBER 2nd STREET: Rs 500 per sq.ft (2024)
• Kalaignar Street: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Kamaraj Kalyanamandapam Street

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the 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, totaling Rs 45,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Kamaraj Kalyanamandapam Street?

The Kamaraj Kalyanamandapam Street 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 is crucial during property transactions in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property. This ensures that the transaction is in compliance with local regulations.

When registering a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable duties and fees. This process is designed to maintain transparency and fairness in property dealings.

Frequently asked questions

What is the current guideline value of Kamaraj Kalyanamandapam Street?

The current guideline value of Kamaraj Kalyanamandapam 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 changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then back to Rs 500 per sq.ft in 2023 and remaining the same in 2024.

What is the land classification for Kamaraj Kalyanamandapam Street?

Kamaraj Kalyanamandapam Street is classified as Residential Class I Type - I.

What are the stamp duty and registration fees for a property on this street?

For a property valued at Rs 5,00,000, the stamp duty would be Rs 35,000 and the registration fee would be Rs 10,000, totaling Rs 45,000.

Which office handles registrations for Kamaraj Kalyanamandapam Street?

The Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, handles registrations for Kamaraj Kalyanamandapam Street.