Guideline Value

Corporate

Guideline Value for Karaima Nagar Mettu Street

₹1430/sq.ft.

The guideline value for Karaima Nagar Mettu Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1430 per sq.ft, effective 1 July 2024. It was Rs 1300 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1430 /sq.ft.
From 1-4-2023 ₹1300 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹871 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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]
Records for a plot on Karaima Nagar Mettu Street

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Karaima Nagar Mettu Street guideline value

The current guideline value of Karaima Nagar Mettu Street is Rs 1,430 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village and falls under the Kunrathur SRO. The land classification for this area is Residential Special Type - II.

How the guideline value of Karaima Nagar Mettu Street has changed

The guideline value for Karaima Nagar Mettu Street has seen several revisions over the years. The 2017 revision set the value at Rs 871 per sq.ft, which increased to Rs 1,300 per sq.ft in 2023. The latest revision in 2024 raised the value further to Rs 1,430 per sq.ft, marking a 10% increase from the previous year. Overall, from 2017 to 2024, the guideline value has risen by 64%.

There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Karaima Nagar Mettu Street's 2024 figure below that median.

Stamp duty and registration fee for property in Karaima Nagar Mettu Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,430 per sq.ft, the total guideline value would be Rs 14,30,000. The stamp duty at 7% would amount to Rs 1,00,100, and the registration fee at 2% would be Rs 28,600, leading to a total of Rs 1,28,700. 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 Karaima Nagar Mettu Street?

The Sub Registrar Office that covers Karaima Nagar Mettu Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Kunrathour-B. It determines the minimum value on which stamp duty and registration fees are calculated, ensuring that all transactions are conducted at a fair and regulated price.

When a property is sold, the guideline value helps in assessing the official value of the property, which is critical for legal documentation and taxation purposes. Buyers and sellers must be aware of this value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Karaima Nagar Mettu Street?

The current guideline value of Karaima Nagar Mettu Street is Rs 1,430 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 871 per sq.ft in 2017 to Rs 1,430 per sq.ft in 2024, marking an overall increase of 64% across these years.

What are the other streets in Kunrathour-B with the same guideline value?

Other streets in Kunrathour-B that share the same guideline value of Rs 1,430 per sq.ft include Karaima Nagar, Karaima Nagar Palla Street, Karaimedu Mayana Salai, Kanniyamman Nagar, Karuneegar Street, and Kamarajar Nagar.

What are the stamp duty and registration fees for a property here?

For a property valued at Rs 14,30,000, the stamp duty would be Rs 1,00,100 and the registration fee would be Rs 28,600, totaling Rs 1,28,700. This is calculated based on the guideline value.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Karaima Nagar Mettu Street is located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find more information about your SRO online.