Guideline Value

Corporate

Guideline Value for Mettu 12th Street

₹880/sq.ft.

The guideline value for Mettu 12th Street in Attanthangal village (Redhills SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Attanthangal

Village

Redhills

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹800 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹300 /sq.ft.
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 Registrar Office, Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.
044-29570109
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Mettu 12th Street

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Mettu 12th Street guideline value

The current guideline value of Mettu 12th Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Attanthangal village under the Redhills SRO and is classified as Residential Class I Type - I.

How the guideline value of Mettu 12th Street has changed

The guideline value for Mettu 12th Street has seen several revisions over the years. The earliest recorded revision was in 2007, where the value was Rs 300 per sq.ft. This increased significantly to Rs 800 per sq.ft in 2012, but then decreased to Rs 536 per sq.ft in 2017. The most recent revisions show an increase to Rs 800 per sq.ft in 2023, followed by a further increase to Rs 880 per sq.ft in 2024, marking a 10% rise from the previous year.

Notably, there are no figures available for the years 2002 and 2003 in the register for this street. Overall, from 2007 to 2024, the guideline value has increased by 193%.

Guideline values in Attanthangal

In Attanthangal, there are 80 streets under the Redhills SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 880 per sq.ft. The median value for these streets is Rs 880 per sq.ft, which is equal to the current guideline value of Mettu 12th Street.

Stamp duty and registration fee for property in Mettu 12th Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total fees to Rs 79,200. 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 details.

Which Sub Registrar Office covers Mettu 12th Street?

The Sub Registrar Office that covers Mettu 12th Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Attanthangal

The guideline value is a crucial factor in property transactions in Attanthangal. It serves as a benchmark for determining the stamp duty and registration fees payable during the sale or purchase of property. Buyers and sellers must refer to the guideline value to understand their financial obligations during the registration process.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that both parties are aware of the costs involved. This helps maintain transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Mettu 12th Street?

The current guideline value of Mettu 12th Street is Rs 880 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 880 per sq.ft in 2024, marking an overall increase of 193% over the years.

What are the stamp duty and registration fees for a property on Mettu 12th Street?

For a 1,000 sq.ft plot, the total fees including stamp duty and registration fee would amount to Rs 79,200 based on the current guideline value of Rs 8,80,000.

Which office handles property registrations in Attanthangal?

The Redhills Sub Registrar Office is responsible for property registrations in Attanthangal, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How does the guideline value affect property transactions?

The guideline value is used to calculate stamp duty and registration fees during property transactions, ensuring that buyers and sellers are aware of their financial obligations when registering a property.