Guideline Value for TOWNPANCHAYAT OFFICE BACKSIDE MAIN STREET

Townpanchayat Office Backside Main Street guideline value

The current guideline value for Townpanchayat Office Backside Main Street is Rs 500 per sq.ft. This street is located in Uthukottai village, under the Oothukkottai SRO, and is classified as Residential Class I Type - I.

How the guideline value of Townpanchayat Office Backside Main Street has changed

Since the 2012 revision, the guideline value has seen some fluctuations. The 2012 revision set the value at Rs 500 per sq.ft, which was a decrease of 33% from the 2017 revision figure of Rs 335 per sq.ft. Following that, the 2023 revision maintained the value at Rs 500 per sq.ft, with no change. The most recent 2024 revision also holds the value at Rs 500 per sq.ft, reflecting a 0% change from the previous year.

Looking at the changes over the years, from 2017 to 2023, there was a significant increase of 49%. However, from 2012 to 2024, the overall change is 0%, indicating that the value has returned to its earlier level after the fluctuations. The register has no figures for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Uthukottai

Uthukottai has a total of 120 streets under the Oothukkottai SRO, with the 2024 guideline values 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 2024 figure for Townpanchayat Office Backside Main Street.

• Townpanchayat Office Backside West Main Street: Rs 500 per sq.ft (2024)
• Thiruvallur Road (Upto Petrol Bank): Rs 1,000 per sq.ft (2024)
• Thiruvallur Road (From Petrol Bank To River Bank): Rs 750 per sq.ft (2024)
• Thiruvallur Road Balajinagar Main Street: Rs 500 per sq.ft (2024)
• Thiruvallur Road Balajinagar Cross Street: Rs 400 per sq.ft (2024)
• THIRUVALLUR ROAD BALAJINAGAR 3rd LANE: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Townpanchayat Office Backside Main 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, bringing the total charges to 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 Townpanchayat Office Backside Main Street?

The Townpanchayat Office Backside Main 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 in the registration process when buying or selling property in Uthukottai. It serves as a benchmark for determining the stamp duty and registration fees that must be paid at the time of property registration.

Frequently asked questions

What is the current guideline value of Townpanchayat Office Backside Main Street?

The current guideline value of Townpanchayat Office Backside Main 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 remained at Rs 500 per sq.ft since the 2012 revision, with a significant increase of 49% from 2017 to 2023. Overall, from 2012 to 2024, the value has not changed.

What are the other streets in Uthukottai with similar guideline values?

Other streets in Uthukottai with similar guideline values include Townpanchayat Office Backside West Main Street and Thiruvallur Road Balajinagar Main Street, both at Rs 500 per sq.ft in 2024.

What is the registration fee for a property in Uthukottai?

The registration fee is calculated based on the guideline value, which for Townpanchayat Office Backside Main Street is Rs 500 per sq.ft. For a 1,000 sq.ft property, the registration fee would be Rs 10,000 at 2%.

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. You can find more information by visiting the official website.