Guideline Value

Corporate

Guideline Value for Metha Nagar East 6th Street

₹1540/sq.ft.

The guideline value for Metha Nagar East 6th 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 6th Street

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Metha Nagar East 6th Street guideline value

The current guideline value of Metha Nagar East 6th Street is Rs 1,540 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Metha Nagar East 6th Street has changed

The guideline value for Metha Nagar East 6th Street has undergone several revisions over the years. The 2017 revision recorded a guideline value of Rs 938 per sq.ft, which increased to Rs 1,400 per sq.ft in the 2023 revision. The latest revision in 2024 shows a further increase to Rs 1,540 per sq.ft, marking a total increase of 64% from the 2017 value.

Between the 2023 and 2024 revisions, the guideline value increased by 10%. There are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

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 of these streets is Rs 1,540 per sq.ft, which is the same as the guideline value for Metha Nagar East 6th Street.

Stamp duty and registration fee for property in Metha Nagar East 6th 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 cost to Rs 1,38,600. 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 accurate calculations.

Which Sub Registrar Office covers Metha Nagar East 6th Street?

The Sub Registrar Office that covers Metha Nagar East 6th Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your SRO, you can visit find your SRO.

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

When buying or selling property in Kunrathour-B, the guideline value plays a crucial role in determining the registration fees and stamp duty. These costs are calculated based on the guideline value or the sale price, whichever is higher, ensuring that the government receives appropriate revenue from property transactions.

It is essential for buyers and sellers to be aware of the current guideline values, as they directly affect the overall cost of property transactions. Understanding these values can help in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Metha Nagar East 6th Street?

The current guideline value of Metha Nagar East 6th Street is Rs 1,540 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 64%, rising from Rs 938 per sq.ft to the current value of Rs 1,540 per sq.ft.

What is the median guideline value for streets in Kunrathour-B?

The median guideline value for streets in Kunrathour-B is Rs 1,540 per sq.ft, which is the same as the guideline value for Metha Nagar East 6th Street.

What are the stamp duty and registration fees for a property in this area?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 1,38,600.

Where can I find the Sub Registrar Office for Metha Nagar East 6th Street?

The Sub Registrar Office for Metha Nagar East 6th Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.