Guideline Value

Corporate

Guideline Value for KAMARAJAR STREET

₹500/sq.ft.

The guideline value for Kamarajar Street in Uthukottai village (Oothukkottai SRO, Chennai zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthukottai

Village

Oothukkottai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹500 /sq.ft.
From 1-4-2023 ₹500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /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 Kamarajar Street

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Kamarajar Street guideline value

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

How the guideline value of Kamarajar Street has changed

The guideline value for Kamarajar Street has undergone several revisions over the years. The earliest recorded revision was in 2012, where the value was set at Rs 500 per sq.ft. This figure remained unchanged in the subsequent revision in 2017, where it was recorded at Rs 335 per sq.ft, marking a decrease of 33%. However, the value saw a significant increase of 49% in the 2023 revision, bringing it back to Rs 500 per sq.ft, which remained the same in the latest 2024 revision.

Notably, there are no recorded figures for Kamarajar Street in the revisions of 2002, 2003, and 2007. Overall, from 2012 to 2024, the guideline value has shown no change, remaining at Rs 500 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. The median value is Rs 500 per sq.ft, which aligns with the 2024 figure for Kamarajar Street.

Stamp duty and registration fee for property in Kamarajar Street

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total 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, bringing the total fees to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more precise calculations based on your transaction.

Which Sub Registrar Office covers Kamarajar Street?

The Kamarajar Street falls under the jurisdiction of the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026. 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 property registration in Uthukottai. It is used to determine the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction. The guideline value is set by the Registration Department and is updated periodically to reflect changes in the market.

When buying or selling property, it is essential to be aware of the current guideline value, as it ensures that the transaction is compliant with local regulations. This value serves as a benchmark for assessing the worth of the property in question.

Frequently asked questions

What is the current guideline value of Kamarajar Street?

The current guideline value of Kamarajar Street is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Kamarajar Street has remained at Rs 500 per sq.ft in 2012, 2023, and 2024. It decreased to Rs 335 per sq.ft in 2017 and saw a significant increase of 49% from 2017 to 2023.

What are the other streets with the same guideline value in Uthukottai?

Several other streets in Uthukottai have the same guideline value of Rs 500 per sq.ft, including Kamaraj Kalyanamandapam Opposide Street and KAMBER 1st STREET.

What is the registration fee for properties in Kamarajar Street?

The registration fee for properties in Kamarajar Street is calculated based on the guideline value. For example, for a property valued at Rs 5,00,000, the registration fee would be Rs 10,000 at a rate of 2%.

Where is the Oothukkottai Sub Registrar Office located?

The Oothukkottai Sub Registrar Office is located near the government hospital in Uthukottai, Chennai 602026. This office handles all property registrations in the area.