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Guideline Value

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Guideline Value for METTUKUPPAM - ANNA 3RD CROSS STREET

₹1660/sq.ft.

The guideline value for Mettukuppam - Anna 3rd Cross Street in Vanagaram village (Chennai South Joint I SRO, Chennai zone) is Rs 1660 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Vanagaram

Village

Chennai South Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹1660 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Mettukuppam - Anna 3rd Cross Street

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Mettukuppam - Anna 3rd Cross Street guideline value

The current guideline value of Mettukuppam - Anna 3rd Cross Street is Rs 1,660 per sq.ft, effective from 1 July 2024. This street is located in Vanagaram village and falls under the Chennai South Joint I SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Mettukuppam - Anna 3rd Cross Street has changed

Over the years, the guideline value for Mettukuppam - Anna 3rd Cross Street has seen several revisions. The earliest recorded figure is from 2012, when the guideline value was Rs 1,500 per sq.ft. This was followed by a decrease to Rs 1,005 per sq.ft in 2017. In 2023, the value increased significantly to Rs 1,500 per sq.ft, and the most recent revision in 2024 set the value at Rs 1,660 per sq.ft. The register has no figures for the years 2002, 2003, and 2007.

From 2017 to 2023, there was a notable increase of 49%, and from 2023 to 2024, the increase was 11%. Overall, from 2012 to 2024, the guideline value increased by 11%.

Guideline values in Vanagaram

In Vanagaram, there are 287 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 5,500 per sq.ft. The median value is Rs 1,660 per sq.ft, which is equal to the guideline value of Mettukuppam - Anna 3rd Cross Street.

Stamp duty and registration fee for property in Mettukuppam - Anna 3rd Cross Street

For a 1,000 sq.ft plot at the current rate of Rs 1,660 per sq.ft, the guideline value amounts to Rs 16,60,000. The stamp duty at 7% would be Rs 1,16,200, and the registration fee at 2% would be Rs 33,200, totaling Rs 1,49,400. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Mettukuppam - Anna 3rd Cross Street?

The Sub Registrar Office that covers Mettukuppam - Anna 3rd Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Vanagaram. It is used to determine the stamp duty and registration fees applicable to the transaction, ensuring that these fees reflect the official valuation of the property.

When a property is registered, the guideline value serves as a benchmark, and the stamp duty is calculated based on this value or the sale price, whichever is higher. This ensures that the registration process is transparent and standardized across the region.

Frequently asked questions

What is the current guideline value of Mettukuppam - Anna 3rd Cross Street?

The current guideline value of Mettukuppam - Anna 3rd Cross Street is Rs 1,660 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2012 to Rs 1,005 per sq.ft in 2017, then increased to Rs 1,500 per sq.ft in 2023, and finally to Rs 1,660 per sq.ft in 2024.

What is the land classification for Mettukuppam - Anna 3rd Cross Street?

The land classification for Mettukuppam - Anna 3rd Cross Street is Residential Class III Type - I.

Where can I find the Sub Registrar Office for Mettukuppam - Anna 3rd Cross Street?

The Sub Registrar Office for Mettukuppam - Anna 3rd Cross Street is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.

How is the stamp duty calculated for property transactions in Vanagaram?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. This ensures that the fees reflect the official valuation of the property during the registration process.