Guideline Value for KOYYAHTHOPPU EAST STREET

Koyyahthoppu East Street guideline value

The current guideline value of Koyyahthoppu East Street is Rs 200 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village under the Oothukkottai SRO, classified as Residential Class IV Type - I.

How the guideline value of Koyyahthoppu East Street has changed

The guideline value for Koyyahthoppu East Street has undergone several revisions. In 2012, the value was set at Rs 200 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 134 per sq.ft. This was a decrease of 33%. The value then increased significantly by 49% to Rs 200 per sq.ft in the 2023 revision, and it has remained at Rs 200 per sq.ft in the 2024 revision, showing no change from the previous year.

There are no figures available for the years 2002, 2003, and 2007 in the register for this street. Overall, from 2012 to 2024, the guideline value has not changed, remaining at Rs 200 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, with a median value of Rs 500 per sq.ft. Koyyahthoppu East Street's guideline value is below this median.

• KOYYAHTHOPPU 2nd CROSS STREET: Rs 200 per sq.ft (2024)
• KOYYAHTHOPPU 1st CROSS STREET: Rs 200 per sq.ft (2024)
• Koyyahthoppu: Rs 200 per sq.ft (2024)
• K.R.C.Nagar: Rs 400 per sq.ft (2024)
• KOTTAI 2nd STREET: Rs 400 per sq.ft (2024)
• KOTTAI 1st STREET: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Koyyahthoppu East Street

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value amounts to 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, totaling Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Koyyahthoppu East Street?

The Koyyahthoppu East 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 a crucial factor during the registration of property transactions in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid at the time of registration.

When purchasing or selling property, the guideline value ensures that the transaction is recorded accurately, reflecting the official value assigned to the property. This helps maintain transparency in property dealings.

Frequently asked questions

What is the current guideline value of Koyyahthoppu East Street?

The current guideline value of Koyyahthoppu East 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 several times, from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024.

What is the land classification of Koyyahthoppu East Street?

Koyyahthoppu East Street is classified as Residential Class IV Type - I.

What is the stamp duty for property transactions in Koyyahthoppu East Street?

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

Where can I find the Sub Registrar Office for Koyyahthoppu East Street?

The Oothukkottai Sub Registrar Office covers Koyyahthoppu East Street and is located near the government hospital in Uthukottai, 602026, Chennai registration zone.