Guideline Value for TALUK OFFICE STREET

Taluk Office Street guideline value

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

How the guideline value of Taluk Office Street has changed

The guideline value for Taluk Office Street has undergone several revisions over the years. The 2012 revision set the value at Rs 500 per sq.ft, which was a decrease from Rs 335 per sq.ft in the 2017 revision. The 2023 revision also maintained the value at Rs 500 per sq.ft, and the 2024 revision continues this trend with a value of Rs 500 per sq.ft, reflecting no change from the previous year. Notably, there are no figures available for the revisions in 2002, 2003, and 2007.

From 2012 to 2017, the value decreased by 33%. However, from 2017 to 2023, there was a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has remained unchanged 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 is equal to the guideline value of Taluk Office Street.

• Telephone Exchange Cross Street: Rs 400 per sq.ft (2024)
• Telephone Exchange Street: Rs 500 per sq.ft (2024)
• THIRUVALLUR ROAD BALAJINAGAR 1st LANE: Rs 400 per sq.ft (2024)
• THIRUVALLUR ROAD BALAJINAGAR 2nd LANE: Rs 400 per sq.ft (2024)
• THIRUVALLUR ROAD BALAJINAGAR 3rd LANE: Rs 400 per sq.ft (2024)
• Thiruvallur Road Balajinagar Cross Street: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Taluk Office Street

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total 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, resulting in a total of 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 our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Taluk Office Street?

The Sub Registrar Office that covers Taluk Office Street is 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 essential factor in the registration process when buying or selling property in Uthukottai. It serves as a reference point for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the guideline value will be used to calculate the stamp duty, which is charged at a percentage of the higher value between the guideline and the actual sale price. This ensures that the registration process is consistent and transparent.

Frequently asked questions

What is the current guideline value of Taluk Office Street?

The current guideline value of Taluk Office 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 changed 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 2023 and 2024. There are no figures available for the revisions in 2002, 2003, and 2007.

What are the stamp duty and registration fees for property in Taluk Office Street?

For a 1,000 sq.ft property at the current guideline value, the total guideline value is 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 Sub Registrar Office covers Taluk Office Street?

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

What is the land classification for Taluk Office Street?

The land classification for Taluk Office Street is Residential Class I Type - I, indicating its suitability for residential development.