Guideline Value for HARIKRISHNAPURAM
₹1200/sq.ft.
The guideline value for Harikrishnapuram in Manali village (Thiruvottiyur SRO, Chennai zone) is Rs 1200 per sq.ft, effective 1 July 2024. It was Rs 1100 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chennai
Zone
Manali
Village
Thiruvottiyur
SRO
Residential Special Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1200 /sq.ft. |
| From 1-4-2023 | ₹1100 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹737 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1100 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹200 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹98 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹86 /sq.ft. |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019
044-25992232
[email protected]
DRO (District Registrar Office)
Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Harikrishnapuram
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thiruvottiyur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Harikrishnapuram guideline value
The current guideline value of Harikrishnapuram, located in Manali village under the Thiruvottiyur SRO, is Rs 1,200 per sq.ft, effective from 1 July 2024. The land classification for this area is Residential Special Type - II.
How the guideline value of Harikrishnapuram has changed
The guideline value for Harikrishnapuram has seen several revisions over the years. In 2002, the value was Rs 86 per sq.ft, which increased to Rs 98 per sq.ft in 2003, marking a 14% rise. The value then jumped significantly to Rs 200 per sq.ft in 2007, reflecting an increase of 104%. Following this, the value surged to Rs 1,100 per sq.ft in 2012, a remarkable 450% increase. However, it dropped to Rs 737 per sq.ft in 2017, showing a decrease of 33%. The value was revised to Rs 1,100 per sq.ft in 2023, which was a 49% increase from the previous figure. The latest revision in 2024 sets the value at Rs 1,200 per sq.ft, representing a 9% increase from 2023.
There are no figures available for the years between these revisions for this street. Overall, from 2002 to 2024, the guideline value has increased by 1,295%.
Guideline values in Manali
- Harikrishnan Perumal Koil Street: Rs 1,200 per sq.ft (2024)
- Idapalayam (Puratcomhikavi Bharathidasan Street): Rs 1,200 per sq.ft (2024)
- Grama Street: Rs 1,200 per sq.ft (2024)
- Indira Gandhi Street: Rs 1,200 per sq.ft (2024)
- Jaageer Hussain Street: Rs 1,200 per sq.ft (2024)
- Jalaganda Mariamman Koil Street: Rs 1,200 per sq.ft (2024)
Stamp duty and registration fee for property in Harikrishnapuram
For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, making the total cost Rs 1,08,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Harikrishnapuram?
The Harikrishnapuram area is covered by the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Manali
The guideline value plays a crucial role in the registration process of property transactions in Manali. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees, ensuring that these costs are calculated based on the official value set by the government.
It is essential for buyers and sellers to be aware of the guideline value, as it affects the overall cost of property transactions. The guideline value must be considered when negotiating sale prices, as it serves as a reference point for both parties involved.
Frequently asked questions
What is the current guideline value of Harikrishnapuram?
The current guideline value of Harikrishnapuram is Rs 1,200 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed over the years?
The guideline value has changed significantly, from Rs 86 per sq.ft in 2002 to Rs 1,200 per sq.ft in 2024, which is an overall increase of 1,295%.
What is the stamp duty rate for property in Harikrishnapuram?
The stamp duty rate for property in Harikrishnapuram is 7% of the guideline value or the sale price, whichever is higher.
Where is the Thiruvottiyur Sub Registrar Office located?
The Thiruvottiyur Sub Registrar Office is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.
How can I calculate the registration fees for property in Harikrishnapuram?
You can calculate the registration fees for property in Harikrishnapuram using the stamp duty and registration fee calculator available online.
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