Guideline Value for CASAGRAND UTOPIA

₹4400/sq.ft.

The guideline value for Casagrand Utopia in Manapakkam village (Chennai South Joint I SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Manapakkam

Village

Chennai South Joint I

SRO

Residential Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[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 Casagrand Utopia

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Casagrand Utopia guideline value

The current guideline value of Casagrand Utopia is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Manapakkam village, under the Chennai South Joint I SRO, classified as Residential Special Type - III.

How the guideline value of Casagrand Utopia has changed

In the 2023 revision, the guideline value was Rs 4,000 per sq.ft. The most recent 2024 revision increased this figure to Rs 4,400 per sq.ft, marking a change of +10% from the previous year. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Thus, the guideline value has seen a rise from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024. The previous revisions do not have figures recorded for Casagrand Utopia.

Guideline values in Manapakkam

In Manapakkam, a total of 368 streets fall under the Chennai South Joint I SRO, with 2024 guideline values ranging from Rs 1,100 to Rs 12,800 per sq.ft. The median guideline value for these streets is Rs 2,530 per sq.ft, placing Casagrand Utopia's 2024 figure above the median.

Stamp duty and registration fee for property in Casagrand Utopia

For a 1,000 sq.ft plot at the current rate of Rs 4,400 per sq.ft, the guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, totaling Rs 3,96,000. Duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Casagrand Utopia?

The Sub Registrar Office that covers Casagrand Utopia is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Manapakkam, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as it affects the stamp duty and registration fees applicable during the transaction.

When registering a property, the guideline value is used to calculate the stamp duty and registration fees, ensuring that all transactions comply with local regulations. It is important for both parties to be aware of the current guideline values to ensure a smooth registration process.

Frequently asked questions

What is the current guideline value of Casagrand Utopia?

The current guideline value of Casagrand Utopia is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024, a change of +10%. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Manapakkam?

Other streets in Manapakkam have varying guideline values, with rates ranging from Rs 1,100 to Rs 12,800 per sq.ft. For example, Brindhavan Nagar / Main Road is Rs 3,300 per sq.ft, while Bhel Nagar streets are Rs 2,530 per sq.ft.

What are the stamp duty and registration fees for Casagrand Utopia?

For a 1,000 sq.ft plot at the current guideline value, the total cost for stamp duty and registration fees would be Rs 3,96,000. This includes a stamp duty of Rs 3,08,000 and a registration fee of Rs 88,000.

Which office handles the registration for Casagrand Utopia?

The registration for Casagrand Utopia is handled by the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.