Guideline Value for KAMBER 2nd STREET

₹500/sq.ft.

The guideline value for Kamber 2nd 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 Kamber 2nd Street

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KAMBER 2nd STREET guideline value

The current guideline value of KAMBER 2nd STREET is Rs 500 per sq.ft. This street is located in Uthukottai village, under the Oothukkottai SRO, and is classified as Residential Class I Type - I.

How the guideline value of KAMBER 2nd STREET has changed

The guideline value for KAMBER 2nd STREET has undergone several revisions over the years. The most recent revision in 2024 set the guideline value at Rs 500 per sq.ft, which is the same as the 2023 revision. Prior to that, in 2017, the guideline value was Rs 335 per sq.ft, reflecting a 49% increase from 2017 to 2023. In 2012, the guideline value was Rs 500 per sq.ft, indicating a decrease of 33% from the 2012 figure to the 2017 figure. Overall, from 2012 to 2024, the guideline value has remained unchanged at Rs 500 per sq.ft.

The register has no figures for the years 2002, 2003, and 2007 for KAMBER 2nd STREET. The available figures show a consistent value of Rs 500 per sq.ft in 2012 and the subsequent revisions in 2023 and 2024, while the 2017 revision marked a significant increase from the previous value.

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. KAMBER 2nd STREET's 2024 guideline value aligns with this median.

Stamp duty and registration fee for property in KAMBER 2nd 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, leading to a total of Rs 45,000 for these charges. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers KAMBER 2nd STREET?

KAMBER 2nd STREET falls under the jurisdiction of 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 during property registration in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees applicable to property transactions. Buyers and sellers must be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.

This ensures that the government receives appropriate revenue from property transactions. It is advisable for buyers to check the guideline value before finalizing any property deal to avoid unexpected costs during registration.

Frequently asked questions

What is the current guideline value of KAMBER 2nd STREET?

The current guideline value of KAMBER 2nd STREET is Rs 500 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value has seen changes 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 2024. The most significant change was a 49% increase from 2017 to 2023.

What is the stamp duty for property in KAMBER 2nd STREET?

The stamp duty for property in KAMBER 2nd STREET is 7% of the guideline value. For a plot valued at Rs 5,00,000, the stamp duty would be Rs 35,000.

Which office handles the registration for KAMBER 2nd STREET?

The registration for KAMBER 2nd STREET is handled by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai.

What should I know about the guideline value when buying property?

When buying property, it is essential to consider the guideline value as it affects the stamp duty and registration fees. These fees are based on the higher of the guideline value or the sale price, ensuring proper revenue collection by the government.