Guideline Value for Harijan Colony

Harijan Colony guideline value

The current guideline value for Harijan Colony, located in Manjampakkam village under the Redhills SRO, is not published. The last notified rate was Rs 201 per sq.ft during the 2017 revision. The land classification for this area is Residential Class III Type - I.

How the guideline value of Harijan Colony has changed

In the 2007 revision, the guideline value was set at Rs 200 per sq.ft. This increased to Rs 300 per sq.ft in the 2012 revision, marking a 50% rise. However, in the subsequent 2017 revision, the guideline value decreased to Rs 201 per sq.ft, representing a decline of 33%. The register has no figures for the revisions in 2024, 2023, 2003, and 2002.

Overall, from the 2007 revision to the 2017 revision, there was a marginal increase of 1% in the guideline value. The fluctuations in these revisions highlight the changes in the guideline value over the years.

Guideline values in Manjampakkam

In Manjampakkam, there are 11 streets under the Redhills SRO that carry a 2024 figure, ranging from Rs 1,000 to Rs 1,650 per sq.ft, with a median of Rs 1,650 per sq.ft. Harijan Colony, however, does not have a current rate.

• Ennore Salai: Rs 1,650 per sq.ft (2024)
• Ellatharisu Salai: Rs 1,000 per sq.ft (2024)
• Ellaiyamman Koil Street: Rs 1,000 per sq.ft (2024)
• Kamarajar Salai: Rs 1,650 per sq.ft (2024)
• Kamarajar Salai 1st Cross Street: Rs 1,650 per sq.ft (2024)
• Kamarajar Salai 2nd Cross Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Harijan Colony

There is no current rate for Harijan Colony, so a worked example cannot be provided. Stamp duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Harijan Colony?

The Sub Registrar Office that covers Harijan Colony is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052. You can find your SRO for more details.

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

The guideline value is a crucial aspect during the registration of property transactions in Manjampakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty.

When buying or selling property, the guideline value helps in assessing the transaction's legitimacy. It is essential to consider the guideline value alongside the sale price, as stamp duty is charged on the higher of the two.

Frequently asked questions

What is the current guideline value for Harijan Colony?

The current guideline value for Harijan Colony is not published. The last notified rate was Rs 201 per sq.ft during the 2017 revision.

How has the guideline value changed over the years?

The guideline value changed from Rs 200 per sq.ft in 2007 to Rs 300 per sq.ft in 2012, then decreased to Rs 201 per sq.ft in 2017. The overall change from 2007 to 2017 was an increase of 1%.

What are the guideline values for other streets in Manjampakkam?

Other streets in Manjampakkam have guideline values ranging from Rs 1,000 to Rs 1,650 per sq.ft as of 2024. The median rate in the area is Rs 1,650 per sq.ft.

Where can I find the Sub Registrar Office for Harijan Colony?

The Sub Registrar Office for Harijan Colony is the Redhills Sub Registrar Office, located at Sothupakkam Road, Eswaran Koil Back Side, Theerthangiriyambattu, Redhills, Chennai - 600 052.

How is stamp duty calculated for properties in Harijan Colony?

Stamp duty for properties in Harijan Colony is charged on the higher of the guideline value and the sale price. It is advisable to use the stamp duty and registration fee calculator for accurate calculations.