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Guideline Value

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Guideline Value for THIRUVALLUR ROAD BALAJINAGAR 2nd LANE

₹400/sq.ft.

The guideline value for Thiruvallur Road Balajinagar 2nd 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 2nd Lane

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THIRUVALLUR ROAD BALAJINAGAR 2nd LANE guideline value

The current guideline value of THIRUVALLUR ROAD BALAJINAGAR 2nd LANE is Rs 400 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 II Type - I.

How the guideline value of THIRUVALLUR ROAD BALAJINAGAR 2nd LANE has changed

In the 2012 revision, the guideline value was set at Rs 400 per sq.ft. This figure remained unchanged until the 2017 revision, which saw a decrease to Rs 268 per sq.ft. However, from 2017 to 2023, there was a significant increase of 49%, bringing the value back to Rs 400 per sq.ft. The 2024 revision also maintains this value at Rs 400 per sq.ft, resulting in no change from the previous year.

The register has no figures for the years 2002, 2003, and 2007 for this street. Overall, comparing the 2012 and 2024 revisions shows that the guideline value has remained the same, with an overall change of +0%.

Guideline values in Uthukottai

In Uthukottai, there are 120 streets under the Oothukkottai SRO that have 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. THIRUVALLUR ROAD BALAJINAGAR 2nd LANE's current guideline value is below this median.

Stamp duty and registration fee for property in THIRUVALLUR ROAD BALAJINAGAR 2nd 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 and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers THIRUVALLUR ROAD BALAJINAGAR 2nd LANE?

The THIRUVALLUR ROAD BALAJINAGAR 2nd LANE 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 details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Uthukottai. It determines the minimum value at which a property can be registered and is used to calculate the applicable stamp duty and registration fees.

When a property is sold, the guideline value serves as a benchmark for the transaction. Buyers and sellers must be aware of this value to ensure compliance with registration requirements and to avoid any legal issues during the sale process.

Frequently asked questions

What is the current guideline value of THIRUVALLUR ROAD BALAJINAGAR 2nd LANE?

The current guideline value of THIRUVALLUR ROAD BALAJINAGAR 2nd 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 changed from Rs 400 per sq.ft in 2012 to Rs 268 per sq.ft in 2017, then back to Rs 400 per sq.ft in 2023 and 2024. Overall, from 2012 to 2024, it has remained the same.

What is the land classification for THIRUVALLUR ROAD BALAJINAGAR 2nd LANE?

The land classification for THIRUVALLUR ROAD BALAJINAGAR 2nd LANE is Residential Class II Type - I.

Where can I find the Oothukkottai Sub Registrar Office?

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

How is stamp duty calculated for properties in THIRUVALLUR ROAD BALAJINAGAR 2nd LANE?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft would incur a stamp duty of Rs 28,000.