Guideline Value for KIZHCITRAPAKKAM PUMB ROOM UPTO VINAYAGAR KOIL STREET

Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street guideline value

The current guideline value for Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street is Rs 200 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 area is Residential Class IV Type - I.

How the guideline value of Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street has changed

Since the 2012 revision, the guideline value has seen significant changes. In 2012, the value was Rs 100 per sq.ft, which increased to Rs 67 per sq.ft in 2017. This was a decrease of 33%. However, from 2017 to 2023, the value jumped to Rs 200 per sq.ft, marking an increase of 199%. The 2024 revision has kept the guideline value at Rs 200 per sq.ft, showing no change from the previous year.

Additionally, the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 100%.

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. Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street's 2024 figure is below this median.

• Kizhcitrapakkam Marathamman Koil Street: Rs 200 per sq.ft (2024)
• Kizhcitrapakkam Street: Rs 200 per sq.ft (2024)
• Kizhcitrapakkam Arunthathi Colony Street: Rs 200 per sq.ft (2024)
• Kizhcitrapakkam Arunthathi Colony Burial Ground Road: Rs 200 per sq.ft (2024)
• Kosaverpattai Street: Rs 500 per sq.ft (2024)
• KOTTAI 1st STREET: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value is 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. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street?

The Kizhcitrapakkam Pumb Room Upto Vinayagar Koil 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 an important factor when registering property transactions in Uthukottai. It determines the minimum value at which property can be registered, ensuring that the government receives appropriate stamp duty and registration fees based on this value.

When buying or selling property, both parties must be aware of the guideline value as it affects the overall cost of the transaction. It is advisable to consult the latest guideline values to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value for Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street?

The current guideline value for Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street 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 significantly from Rs 100 per sq.ft in 2012 to Rs 200 per sq.ft in 2024, with a notable increase of 199% from 2017 to 2023.

What is the land classification for this street?

The land classification for Kizhcitrapakkam Pumb Room Upto Vinayagar Koil Street is Residential Class IV Type - I.

Where can I find the Sub Registrar Office for this area?

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

How is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 2,00,000, the stamp duty at 7% would be Rs 14,000.