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Guideline Value

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Guideline Value for Meyyammai High School

₹6600/sq.ft.

The guideline value for Meyyammai High School in Urur village (Adayar SRO, Chennai zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Urur

Village

Adayar

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2800 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹968 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹818 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.161(71/6), L.b Road (dr.muthulakshmi Salai) Tnhb Building,third Floor,thiruvanmiyur,chennai-600041
044-24415011
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Meyyammai High School

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Meyyammai High School guideline value

The current guideline value for Meyyammai High School is Rs 6,600 per sq.ft, effective from 1 July 2024. This property is located in Urur village under the Adayar SRO, classified as Residential Class II Type - I.

How the guideline value of Meyyammai High School has changed

The guideline value for Meyyammai High School has seen several revisions over the years. The earliest recorded guideline value was Rs 818 per sq.ft in 2002, which increased significantly to Rs 968 per sq.ft in 2003. Following this, the value surged to Rs 2,800 per sq.ft in 2007, marking an increase of 189%. The value then rose to Rs 6,000 per sq.ft in 2012, a growth of 114%. However, it decreased to Rs 4,020 per sq.ft in 2017, reflecting a drop of 33%. The guideline value rebounded to Rs 6,000 per sq.ft in 2023 and reached the current rate of Rs 6,600 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 707%. The register has no figures for revisions in the years not mentioned in the provided data.

Guideline values in Urur

In Urur village, there are 176 streets under the Adayar SRO, with 2024 guideline values ranging from Rs 4,400 to Rs 15,400 per sq.ft. The median value for these streets is Rs 6,600 per sq.ft, which is equal to the current guideline value for Meyyammai High School.

Stamp duty and registration fee for property in Meyyammai High School

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000. Together, these fees would total Rs 5,94,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For further assistance, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Meyyammai High School?

The Sub Registrar Office that covers Meyyammai High School is the Adayar Sub Registrar Office, located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Urur. It serves as a benchmark for determining the minimum price at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When a property transaction occurs, the guideline value is assessed alongside the sale price. The higher of the two values is used to calculate the applicable stamp duty and registration fees, which are mandatory for the legal transfer of property ownership.

Frequently asked questions

What is the current guideline value for Meyyammai High School?

The current guideline value for Meyyammai High School is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 818 per sq.ft in 2002 to Rs 6,600 per sq.ft in 2024, reflecting a significant overall increase of 707%.

What is the land classification for Meyyammai High School?

Meyyammai High School is classified as Residential Class II Type - I.

Where can I find the Adayar Sub Registrar Office?

The Adayar Sub Registrar Office is located at 51, Kamaraj Avenue, Second Street, Adyar, Chennai-20.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 5,94,000.