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Guideline Value

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Guideline Value for METTUKUPPAM - ANNA 5TH CROSS STREET

₹1660/sq.ft.

The guideline value for Mettukuppam - Anna 5th 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 5th Cross Street

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Mettukuppam - Anna 5th Cross Street guideline value

The current guideline value of Mettukuppam - Anna 5th Cross Street is Rs 1,660 per sq.ft, effective from 1 July 2024. This street is located in Vanagaram village, under the Chennai South Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of Mettukuppam - Anna 5th Cross Street has changed

The guideline value for Mettukuppam - Anna 5th Cross Street has seen several revisions over the years. In 2012, the guideline value was Rs 1,500 per sq.ft, which decreased to Rs 1,005 per sq.ft in 2017. However, from 2017 to 2023, it increased significantly to Rs 1,500 per sq.ft, and further rose to Rs 1,660 per sq.ft in the 2024 revision.

Specifically, the changes from the previous revisions are notable: from 2012 to 2017, there was a decrease of 33%, while from 2017 to 2023, the value increased by 49%. The most recent increase from 2023 to 2024 is 11%. Overall, comparing the 2012 and 2024 revisions, there is an 11% increase.

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 guideline value is Rs 1,660 per sq.ft, which is the same as the current value for Mettukuppam - Anna 5th Cross Street.

Stamp duty and registration fee for property in Mettukuppam - Anna 5th Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,660 per sq.ft, the total 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, bringing the total to Rs 1,49,400. It is important to 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 detailed calculations.

Which Sub Registrar Office covers Mettukuppam - Anna 5th Cross Street?

The Mettukuppam - Anna 5th Cross Street is covered by 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 during the registration process when buying or selling property in Vanagaram. It serves as a reference point for determining the stamp duty and registration fees that need to be paid, ensuring that the transaction is in compliance with local regulations.

When a property is registered, the guideline value is compared with the sale price, and the duty is charged on the higher of the two amounts. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Mettukuppam - Anna 5th Cross Street?

The current guideline value of Mettukuppam - Anna 5th 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 classification of land in Mettukuppam - Anna 5th Cross Street?

The land classification for Mettukuppam - Anna 5th Cross Street is Residential Class III Type - I.

What are the other streets in Vanagaram with the same guideline value?

Other streets in Vanagaram with a guideline value of Rs 1,660 per sq.ft include Mettukuppam - Anna 4th Cross Street, Mettukuppam - Anna 6th Cross Street, Mettukuppam - Anna 3rd Cross Street, Mettukuppam - Anna 7th Cross Street, Mettukuppam - Anna 2nd Cross Street, and Mettukuppam - Anna Street.

Where can I find the Sub Registrar Office for Mettukuppam - Anna 5th Cross Street?

The Sub Registrar Office covering Mettukuppam - Anna 5th Cross Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai - 600 035.