Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Metha Nagar East 3rd Street

₹1540/sq.ft.

The guideline value for Metha Nagar East 3rd Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /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 Metha Nagar East 3rd Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Metha Nagar East 3rd Street guideline value

The current guideline value of Metha Nagar East 3rd Street is Rs 1,540 per sq.ft as per the 2024 revision, effective from 1 July 2024. This street is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Special Type - I.

How the guideline value of Metha Nagar East 3rd Street has changed

The guideline value for Metha Nagar East 3rd Street has seen significant changes over the years. In the 2017 revision, the value was Rs 938 per sq.ft, which increased to Rs 1,400 per sq.ft in 2023. The latest revision in 2024 shows a further increase to Rs 1,540 per sq.ft, marking a 10% rise from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. The substantial increase from 2017 to 2023 was 49%, indicating a notable rise in the guideline value during that period.

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 value is Rs 1,540 per sq.ft, which is the same as the guideline value for Metha Nagar East 3rd Street. Below are other streets in Kunrathour-B with their respective 2024 guideline values:

Stamp duty and registration fee for property in Metha Nagar East 3rd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value would be Rs 15,40,000. The stamp duty at 7% would amount to Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total to Rs 1,38,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Metha Nagar East 3rd Street?

The Sub Registrar Office that covers Metha Nagar East 3rd 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 plays a crucial role in the registration process when buying or selling property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When registering a property, buyers must ensure that the sale price is either equal to or greater than the guideline value to avoid any discrepancies. The registration office uses this value to assess the applicable fees and ensure compliance with local regulations.

Frequently asked questions

What is the current guideline value of Metha Nagar East 3rd Street?

The current guideline value of Metha Nagar East 3rd Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 938 per sq.ft in 2017 to Rs 1,540 per sq.ft in 2024, marking a total increase of 64% over this period.

What are the stamp duty rates for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher. In addition, there is a registration fee of 2% applicable to the transaction.

Which office handles property registrations in Kunrathour-B?

The Kunrathur Sub Registrar Office handles property registrations in Kunrathour-B. It is located at No.59, Road Street, Kundrathur, Chennai -600 069.

Where can I find more information about guideline values in Kunrathour-B?

For more information about guideline values in Kunrathour-B, you can refer to the Registration Department's guideline value register or visit the relevant links provided for each street.