Guideline Value for KAMARAJ KALYANAMANDAPAM OPPOSIDE STREET

Kamaraj Kalyanamandapam Opposide Street guideline value

The current guideline value for Kamaraj Kalyanamandapam Opposide Street is Rs 500 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village under the Oothukkottai Sub Registrar Office (SRO). The land classification for this area is Residential Class I Type - I.

How the guideline value of Kamaraj Kalyanamandapam Opposide Street has changed

In the 2012 revision, the guideline value was set at Rs 500 per sq.ft. This remained unchanged in the subsequent revisions of 2017, where it was Rs 335 per sq.ft, and again in 2023, where it returned to Rs 500 per sq.ft. The change from 2017 to 2023 was an increase of 49%. However, from 2012 to 2017, there was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has remained at Rs 500 per sq.ft.

The 2024 revision shows no change from the 2023 revision, maintaining the guideline value at Rs 500 per sq.ft. Additionally, there are no recorded figures for Kamaraj Kalyanamandapam Opposide Street in the revisions for the years 2002, 2003, and 2007.

Guideline values in Uthukottai

In Uthukottai village, 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. The median guideline value for these streets is Rs 500 per sq.ft, which is equal to the 2024 figure for Kamaraj Kalyanamandapam Opposide Street.

• Kamaraj Kalyanamandapam 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 Opposide Street

For a 1,000 sq.ft plot at the current rate of Rs 500 per sq.ft, the guideline value would be Rs 5,00,000. The stamp duty at 7% would amount to Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Kamaraj Kalyanamandapam Opposide Street?

The Kamaraj Kalyanamandapam Opposide 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 details.

How the guideline value is used when you buy or sell in Uthukottai

The guideline value is a crucial factor in the registration process when buying or selling property in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the higher of the guideline value or the sale price is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Kamaraj Kalyanamandapam Opposide Street?

The current guideline value for Kamaraj Kalyanamandapam Opposide 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 seen several changes, with the most recent being Rs 500 per sq.ft in both 2023 and 2024. The value was Rs 335 per sq.ft in 2017 and Rs 500 per sq.ft in 2012.

What are the stamp duty and registration fees for property in this area?

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 property registrations for Kamaraj Kalyanamandapam Opposide Street?

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

What is the land classification for Kamaraj Kalyanamandapam Opposide Street?

The land classification for Kamaraj Kalyanamandapam Opposide Street is Residential Class I Type - I.