Guideline Value

Corporate

Guideline Value for Mettu 3rd Cross Street

₹880/sq.ft.

The guideline value for Mettu 3rd Cross 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 3rd Cross Street

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Mettu 3rd Cross Street guideline value

The current guideline value for Mettu 3rd Cross Street in Attanthangal village, under the Redhills SRO, is Rs 880 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Mettu 3rd Cross Street has changed

The guideline value for Mettu 3rd Cross Street has undergone several revisions since 2007. In 2007, the value was Rs 300 per sq.ft, which increased significantly to Rs 800 per sq.ft in 2012, marking a 167% rise. However, it then decreased to Rs 536 per sq.ft in 2017, reflecting a 33% drop. The value saw a substantial increase to Rs 800 per sq.ft in 2023, followed by a further rise to Rs 880 per sq.ft in 2024, which is a 10% increase from the previous year.

There are no recorded figures for Mettu 3rd Cross Street in 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. The median value is Rs 880 per sq.ft, which is equal to the guideline value of Mettu 3rd Cross Street.

Stamp duty and registration fee for property in Mettu 3rd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 880 per sq.ft, the total 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 cost for these 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 the stamp duty and registration fee calculator for precise calculations.

Which Sub Registrar Office covers Mettu 3rd Cross Street?

The Sub Registrar Office that covers Mettu 3rd Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Attanthangal. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property in the area.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two figures is used to calculate the applicable duties and fees. This ensures that the transaction is recorded accurately and complies with local regulations.

Frequently asked questions

What is the current guideline value of Mettu 3rd Cross Street?

The current guideline value of Mettu 3rd Cross 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 this period.

Where can I find the Sub Registrar Office for Mettu 3rd Cross Street?

The Sub Registrar Office for Mettu 3rd Cross Street is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

What are the stamp duty rates for properties in Mettu 3rd Cross Street?

The stamp duty for properties in Mettu 3rd Cross Street is charged at 7% of the guideline value or the sale price, whichever is higher.

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

Yes, several other streets in Attanthangal also have the same guideline value of Rs 880 per sq.ft for 2024, including Mettu 2nd Street, Mettu 3rd Street, Mettu 4th Cross Street, Mettu 2nd Cross Street, Mettu 4th Street, and Mettu 21st Street.