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

Guideline Value

Corporate

Guideline Value for Metro City Society (Phase IV)

₹1700/sq.ft.

The guideline value for Metro City Society (phase Iv) in 44.ayanambakkam village (Konnur SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 6% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

44.ayanambakkam

Village

Konnur

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Metro City Society (phase Iv)

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

Metro City Society (Phase IV) guideline value

The current guideline value of Metro City Society (Phase IV) is Rs 1,700 per sq.ft, effective from 1 July 2024. This property is located in 44.Ayanambakkam village, under the Konnur SRO, and is classified as Residential Special Type - III.

How the guideline value of Metro City Society (Phase IV) has changed

The guideline value for Metro City Society (Phase IV) has seen significant changes over the years. In the 2017 revision, the value was Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in the 2023 revision, marking a 49% increase. The most recent revision in 2024 has set the value at Rs 1,700 per sq.ft, reflecting a 6% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, there has been a notable increase of 59%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that carry a 2024 guideline value ranging from Rs 801 to Rs 9,702 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for Metro City Society (Phase IV) is above this median.

Stamp duty and registration fee for property in Metro City Society (Phase IV)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, bringing the total cost for these fees to Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Metro City Society (Phase IV)?

The Sub Registrar Office that covers Metro City Society (Phase IV) is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 44.Ayanambakkam

The guideline value plays a crucial role in the registration process when buying or selling property in 44.Ayanambakkam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded accurately and fairly.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees, which are mandatory for completing the transaction. This ensures that all transactions are transparent and adhere to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value for Metro City Society (Phase IV)?

The current guideline value for Metro City Society (Phase IV) is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,072 per sq.ft in 2017 to Rs 1,700 per sq.ft in 2024, showing an overall increase of 59% over this period.

What are the other streets with similar guideline values in 44.Ayanambakkam?

Other streets in 44.Ayanambakkam, such as Metro City Society (Phase III), Metro City View House Site Sch, Metro City Society (Phase II), and Metro City Society (Phase I), all have a guideline value of Rs 1,700 per sq.ft in 2024.

What are the fees involved in property registration?

When registering a property, the fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Metro City Society (Phase IV)?

The Konnur Sub Registrar Office covers Metro City Society (Phase IV) and is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.