Guideline Value for METRO CITY MAIN GARDEN

Metro City Main Garden guideline value

The current guideline value of Metro City Main Garden is Rs 200 per sq.ft. This area is located in Thamaraipakkam village and falls under the Tiruvallur Joint 1 SRO. The land classification for this property is Residential Special Type - III.

How the guideline value of Metro City Main Garden has changed

The guideline value register shows that there have been no figures for Metro City Main Garden in the revisions for the years 2002, 2003, 2007, 2012, and 2017. The most recent revision in 2023 set the guideline value at Rs 200 per sq.ft.

Since there have been no changes between the revisions listed, the 2023 figure remains the only current guideline value for this street. There are no figures available for the 2024 revision as well.

Guideline values in Thamaraipakkam

Currently, there are no specific village figures provided for Thamaraipakkam. The guideline value for Metro City Main Garden is Rs 200 per sq.ft. There are no other streets in Thamaraipakkam under the Tiruvallur Joint 1 SRO.

Stamp duty and registration fee for property in Metro City Main Garden

For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, making the total Rs 18,000. 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 Metro City Main Garden?

The Sub Registrar Office covering Metro City Main Garden is the Tiruvallur Joint 1 Sub Registrar Office, located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration process of property transactions in Thamaraipakkam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Metro City Main Garden?

The current guideline value of Metro City Main Garden is Rs 200 per sq.ft as per the 2023 revision.

What is the land classification for Metro City Main Garden?

The land classification for Metro City Main Garden is Residential Special Type - III.

How has the guideline value changed over the years?

There have been no figures for Metro City Main Garden in the revisions for the years 2002, 2003, 2007, 2012, and 2017. The only current figure is from the 2023 revision, which is Rs 200 per sq.ft.

What are the stamp duty and registration fees for properties here?

For a property valued at Rs 2,00,000, the stamp duty would be Rs 14,000, and the registration fee would be Rs 4,000, totaling Rs 18,000. These fees are calculated based on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office for Metro City Main Garden located?

The Tiruvallur Joint 1 Sub Registrar Office is located at No.201, J.n.road, Taluk Office Compound, Thiruvallur-602001, Chennai registration zone.