Guideline Value

Corporate

Guideline Value for Mettu 18th Street

₹880/sq.ft.

The guideline value for Mettu 18th 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 18th Street

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Mettu 18th Street guideline value

The current guideline value of Mettu 18th Street is Rs 880 per sq.ft, effective from 1 July 2024. This street is located in Attanthangal village, under the jurisdiction of the Redhills SRO, and is classified as Residential Class I Type - I.

How the guideline value of Mettu 18th Street has changed

The guideline value for Mettu 18th Street has undergone 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, a rise of 167%. However, it saw a decrease to Rs 536 per sq.ft in 2017, which was a drop of 33%. The value then rose again to Rs 800 per sq.ft in 2023, marking a 49% increase. Finally, the current guideline value is Rs 880 per sq.ft as of the 2024 revision, reflecting a 10% increase from the previous year.

It is important to note that the register does not have figures for Mettu 18th Street for the years 2002 and 2003. 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, with the median being Rs 880 per sq.ft. Mettu 18th Street's 2024 guideline value is equal to this median.

Stamp duty and registration fee for property in Mettu 18th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total guideline value would be Rs 8,80,000. The stamp duty at 7% would amount to Rs 61,600, while the registration fee at 2% would be Rs 17,600, making the total fees together Rs 79,200. It is important to note that 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 further calculations.

Which Sub Registrar Office covers Mettu 18th Street?

The Sub Registrar Office that covers Mettu 18th 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 the registration process of property transactions in Attanthangal. It serves as the basis for calculating stamp duty and registration fees, which are mandatory costs incurred during the buying or selling of property.

When a property is registered, the guideline value ensures that the transaction is recorded at a fair value, reflecting the current market conditions. Buyers and sellers must be aware of the guideline value to accurately assess the financial implications of their property dealings.

Frequently asked questions

What is the current guideline value of Mettu 18th Street?

The current guideline value of Mettu 18th 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, reflecting an overall increase of 193% over the years.

What is the registration office for Mettu 18th Street?

The registration office for Mettu 18th Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for properties in Mettu 18th Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 61,600.

Are there other streets in Attanthangal with the same guideline value?

Yes, there are several other streets in Attanthangal that have the same guideline value of Rs 880 per sq.ft for 2024, including Mettu 17th Street, Mettu 19th Street, and others.