Guideline Value

Corporate

Guideline Value for Mettu Sekkadu

₹1075/sq.ft.

The guideline value for Mettu Sekkadu in Sekkadu village (Avadi SRO, Chennai zone) is Rs 1075 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sekkadu

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹1075 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
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 Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[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 Sekkadu

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Mettu Sekkadu guideline value

The current guideline value of Mettu Sekkadu is Rs 1,075 per sq.ft, effective from 1 July 2024. This area is located in Sekkadu village and falls under the Avadi SRO. The land classification for this street is Residential Class II Type - II.

How the guideline value of Mettu Sekkadu has changed

Looking at the historical revisions, the guideline value for Mettu Sekkadu was Rs 1,000 per sq.ft in 2023, which increased to Rs 1,075 per sq.ft in 2024, marking an 8% rise. Prior to that, in 2017, the value was Rs 670 per sq.ft, which saw a significant increase of 49% to reach Rs 1,000 per sq.ft in 2023. There are no figures available for the years 2002, 2003, and 2007.

In the earlier revision from 2012, the guideline value was Rs 1,000 per sq.ft, which decreased by 33% to Rs 670 per sq.ft in 2017. Overall, from 2012 to 2024, the guideline value has risen by 8% from Rs 1,000 per sq.ft to Rs 1,075 per sq.ft.

Guideline values in Sekkadu

In Sekkadu village, there are 56 streets under the Avadi SRO that have a guideline value for 2024, ranging from Rs 930 to Rs 4,800 per sq.ft. The median guideline value in this area is Rs 1,320 per sq.ft, which means that the current figure for Mettu Sekkadu is below the median.

Stamp duty and registration fee for property in Mettu Sekkadu

For a 1,000 sq.ft plot at the current guideline value of Rs 1,075 per sq.ft, the total guideline value would be Rs 10,75,000. The stamp duty at 7% would be Rs 75,250, and the registration fee at 2% would be Rs 21,500, bringing the total fees together to Rs 96,750. 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 Mettu Sekkadu?

The Sub Registrar Office that covers Mettu Sekkadu is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Sekkadu. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of Mettu Sekkadu?

The current guideline value of Mettu Sekkadu is Rs 1,075 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes: from Rs 1,000 per sq.ft in 2023 to Rs 1,075 per sq.ft in 2024, and from Rs 670 per sq.ft in 2017 to Rs 1,000 per sq.ft in 2023. There are no figures for the years 2002, 2003, and 2007.

What is the land classification for Mettu Sekkadu?

The land classification for Mettu Sekkadu is Residential Class II Type - II, indicating its suitability for residential development.

What are the other streets in Sekkadu with similar guideline values?

Other streets in Sekkadu with the same guideline value of Rs 1,075 per sq.ft include Mettu Street, Mejastic Residency, and Mariyamman Koil Street Kudiyiruppu. Additionally, M.T.H. Road and Main Road have higher values of Rs 2,250 per sq.ft.

Where can I find the Sub Registrar Office for Mettu Sekkadu?

The Avadi Sub Registrar Office covers Mettu Sekkadu and is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.