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Guideline Value

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Guideline Value for THIRUVALLUR ROAD BALAJINAGAR 1st LANE

₹400/sq.ft.

The guideline value for Thiruvallur Road Balajinagar 1st Lane in Uthukottai village (Oothukkottai SRO, Chennai zone) is Rs 400 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Uthukottai

Village

Oothukkottai

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹400 /sq.ft.
From 1-4-2023 ₹400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹268 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹400 /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 Thiruvallur Road Balajinagar 1st Lane

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THIRUVALLUR ROAD BALAJINAGAR 1st LANE guideline value

The current guideline value for THIRUVALLUR ROAD BALAJINAGAR 1st LANE is Rs 400 per sq.ft, effective from 1 July 2024. This street is located in Uthukottai village, under the Oothukkottai SRO, and is classified as Residential Class II Type - I.

How the guideline value of THIRUVALLUR ROAD BALAJINAGAR 1st LANE has changed

The guideline value for THIRUVALLUR ROAD BALAJINAGAR 1st LANE has seen several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which was a decrease of 33% from the 2017 revision of Rs 268 per sq.ft. Following this, the 2023 revision maintained the value at Rs 400 per sq.ft, showing no change from the previous year. The current 2024 revision also holds the value steady at Rs 400 per sq.ft, indicating that there has been no increase from the 2023 figure.

Looking at the overall changes, from the 2012 revision to the 2024 revision, the guideline value has remained the same at Rs 400 per sq.ft. It is important to note that there are no figures available for the years 2002, 2003, and 2007 for this street in the register.

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 for these streets is Rs 500 per sq.ft, placing THIRUVALLUR ROAD BALAJINAGAR 1st LANE below this median.

Stamp duty and registration fee for property in THIRUVALLUR ROAD BALAJINAGAR 1st LANE

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value amounts to Rs 4,00,000. The stamp duty at 7% would be Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total cost for these fees to Rs 36,000. 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 detailed calculations.

Which Sub Registrar Office covers THIRUVALLUR ROAD BALAJINAGAR 1st LANE?

The THIRUVALLUR ROAD BALAJINAGAR 1st LANE is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Uthukottai

The guideline value plays a crucial role during property transactions in Uthukottai. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration. This ensures that the transaction is recorded accurately in the official records.

It is essential for buyers and sellers to be aware of the current guideline value as it affects the overall cost of the transaction. The guideline value is set by the registration department and is subject to periodic revisions, reflecting changes in the real estate market.

Frequently asked questions

What is the current guideline value for THIRUVALLUR ROAD BALAJINAGAR 1st LANE?

The current guideline value for THIRUVALLUR ROAD BALAJINAGAR 1st LANE is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft from 2012 to 2024, with a significant increase of 49% from Rs 268 per sq.ft in 2017 to 2023. There were no figures available for the years 2002, 2003, and 2007.

What are the stamp duty and registration fees for this property?

The stamp duty is 7% and the registration fee is 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 36,000 based on the current guideline value.

Which office handles registrations for this area?

The Oothukkottai Sub Registrar Office handles registrations for THIRUVALLUR ROAD BALAJINAGAR 1st LANE, located near the government hospital in Uthukottai.

What is the land classification for this street?

THIRUVALLUR ROAD BALAJINAGAR 1st LANE is classified as Residential Class II Type - I, indicating its suitability for residential development.