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Guideline Value

Corporate

Guideline Value for Metro City View House Site Sch

₹1700/sq.ft.

The guideline value for Metro City View House Site Sch 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 View House Site Sch

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Metro City View House Site Sch guideline value

The current guideline value for Metro City View House Site Sch 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 falls under the Residential Special Type - III land classification.

How the guideline value of Metro City View House Site Sch has changed

The guideline value for this street has seen significant changes over the years. The 2017 revision set the value at Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in 2023. The most recent revision in 2024 raised it further to Rs 1,700 per sq.ft, marking a 6% increase from the previous year. Overall, from 2017 to 2024, the guideline value has increased by 59%.

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

Guideline values in 44.Ayanambakkam

In 44.Ayanambakkam, there are 157 streets under the Konnur SRO that have 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 View House Site Sch is above this median.

Stamp duty and registration fee for property in Metro City View House Site Sch

For a 1,000 sq.ft plot at the current rate, the guideline value is 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, totaling 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Metro City View House Site Sch?

The Sub Registrar Office that covers Metro City View House Site Sch 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 is a crucial factor when buying or selling property in 44.Ayanambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property transaction process.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which is essential for maintaining transparency in real estate dealings. Buyers and sellers should always refer to the latest guideline values to understand the financial implications of their transactions.

Frequently asked questions

What is the current guideline value for Metro City View House Site Sch?

The current guideline value for Metro City View House Site Sch is Rs 1,700 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 59%, rising from Rs 1,072 per sq.ft to Rs 1,700 per sq.ft.

What is the median guideline value for streets in 44.Ayanambakkam?

The median guideline value for streets in 44.Ayanambakkam is Rs 1,300 per sq.ft, while Metro City View House Site Sch is above this median.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty and registration fees would amount to Rs 1,53,000, based on the applicable rates.

Which office handles the registration for Metro City View House Site Sch?

The Konnur Sub Registrar Office handles the registration for Metro City View House Site Sch, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.