Guideline Value

Corporate

Guideline Value for Theni Thottam

₹4400/sq.ft.

The guideline value for Theni Thottam in Urur village (Adayar SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iv Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class IV Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹391 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹330 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

51, Kamaraj Avenue,second Street, Adyar, Chennai-20
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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]

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Theni Thottam guideline value

The current guideline value for Theni Thottam is Rs 4,400 per sq.ft, effective from 1 July 2024. This area is located in Urur village under the Adayar SRO, classified as Residential Class IV Type - III.

How the guideline value of Theni Thottam has changed

The guideline value for Theni Thottam has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 330 per sq.ft. This increased to Rs 391 per sq.ft in 2003, marking an 18% rise. The value continued to rise significantly, reaching Rs 1,500 per sq.ft in 2007, which represented a 284% increase from 2003. In 2012, the value was recorded at Rs 4,000 per sq.ft, reflecting a 167% increase from the previous revision.

From 2012 to 2017, the guideline value dropped to Rs 2,680 per sq.ft, showing a decrease of 33%. However, it rebounded to Rs 4,000 per sq.ft in 2023, which was a 49% increase from the 2017 figure. The latest revision in 2024 set the guideline value at Rs 4,400 per sq.ft, marking a 10% increase from 2023. Overall, from 2002 to 2024, the guideline value has increased by 1233%.

Guideline values in Urur

In Urur, there are 176 streets under the Adayar SRO that carry a 2024 guideline value ranging from Rs 4,400 to Rs 15,400 per sq.ft, with a median value of Rs 6,600 per sq.ft. The guideline value for Theni Thottam is below this median.

Stamp duty and registration fee for property in Theni Thottam

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Theni Thottam?

The Sub Registrar Office that covers Theni Thottam is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. You can find your SRO for more details.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Urur. It is used to determine the stamp duty and registration fees that must be paid at the time of registration. The fees are calculated based on the guideline value or the sale price, whichever is higher.

When a property is sold, the guideline value helps ensure that the transaction is recorded at a fair value, which is essential for legal and taxation purposes. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Theni Thottam?

The current guideline value of Theni Thottam is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased significantly from Rs 330 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 1233% over this period.

What are the stamp duty rates for property in Theni Thottam?

The stamp duty rate for property in Theni Thottam is 7% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Theni Thottam?

The Adayar Sub Registrar Office covers Theni Thottam and is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

What are the guideline values of other streets in Urur?

Other streets in Urur have varying guideline values, with rates ranging from Rs 4,400 to Rs 15,400 per sq.ft. For example, Thinakothan Road and Thamodhapuram Lane both have a guideline value of Rs 4,400 per sq.ft in 2024.