Guideline Value for HARIJAN METTU ST

Harijan Mettu St guideline value

The current guideline value of Harijan Mettu St is Rs 440 per sq.ft, effective from 1 July 2024. This street is located in the Thiruninravur-B village under the Avadi SRO, classified as Residential Class III Type - III.

How the guideline value of Harijan Mettu St has changed

The guideline value for Harijan Mettu St has seen significant changes over the years. The most recent revision in 2024 set the value at Rs 440 per sq.ft, up from Rs 400 per sq.ft in 2023, marking a 10% increase. Prior to that, the value was Rs 268 per sq.ft in 2017, reflecting a substantial increase of 49% over the six years.

There are no figures available for the revisions from 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Thiruninravur-B

In Thiruninravur-B, there are 374 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 330 to Rs 1,760 per sq.ft. The median value for these streets is Rs 770 per sq.ft, placing Harijan Mettu St's 2024 figure below that median.

• Harijan Colony Thiruveethi Amman St: Rs 440 per sq.ft (2024)
• Harijan Palla St: Rs 440 per sq.ft (2024)
• Harijan Colony Parel Ground Road: Rs 440 per sq.ft (2024)
• Harijan Colony Joint Road: Rs 770 per sq.ft (2024)
• Harijan Colony Gangaiyamman Koil St: Rs 440 per sq.ft (2024)
• Harijan 2nd Street: Rs 440 per sq.ft (2024)

Stamp duty and registration fee for property in Harijan Mettu St

For a 1,000 sq.ft plot at the current guideline value of Rs 440 per sq.ft, the total guideline value would be Rs 4,40,000. The stamp duty at 7% would amount to Rs 30,800, and the registration fee at 2% would be Rs 8,800, bringing the total charges to Rs 39,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Harijan Mettu St?

The Sub Registrar Office that covers Harijan Mettu St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value is a crucial factor during the registration process when buying or selling property in Thiruninravur-B. It serves as a benchmark for determining the stamp duty and registration fees payable, ensuring that these charges are calculated based on the official rates set by the government.

When a property is sold, the guideline value helps in establishing a fair transaction value, which is essential for both buyers and sellers. This ensures that the registration process is transparent and adheres to the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Harijan Mettu St?

The current guideline value of Harijan Mettu St is Rs 440 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 268 per sq.ft to Rs 440 per sq.ft in 2024, reflecting an overall increase of 64%.

What is the land classification for Harijan Mettu St?

Harijan Mettu St is classified as Residential Class III Type - III.

Which Sub Registrar Office handles registrations for Harijan Mettu St?

The Avadi Sub Registrar Office handles registrations for Harijan Mettu St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Harijan Mettu St?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 4,40,000 would incur a stamp duty of Rs 30,800 at a rate of 7%.