Guideline Value for Kumaresan Nagar
₹200/sq.ft.
The guideline value for Kumaresan Nagar in Manapakkam village (Chengleput Joint I SRO, Chengalpattu zone) is Rs 200 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Manapakkam
Village
Chengleput Joint I
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹200 /sq.ft. |
| From 1-4-2023 | ₹200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹134 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹200 /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)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27423054
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Kumaresan Nagar
- 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
- Chengleput Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Kumaresan Nagar guideline value
The current guideline value of Kumaresan Nagar is Rs 200 per sq.ft, effective from 1 July 2024. This area is located in Manapakkam village and falls under the Chengleput Joint I SRO. The land classification for this street is Residential Class I Type - I.
How the guideline value of Kumaresan Nagar has changed
The guideline value for Kumaresan Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 200 per sq.ft, which remained unchanged until the 2017 revision, where it dropped to Rs 134 per sq.ft. This was followed by a significant increase to Rs 200 per sq.ft in the 2023 revision, which has been maintained in the 2024 revision, showing no change from the previous year.
From 2017 to 2023, the guideline value increased by 49%. However, from 2012 to 2017, there was a decrease of 33%. Overall, from 2012 to 2024, the guideline value has remained the same at Rs 200 per sq.ft. The register has no figures for the years 2002, 2003, and 2007 for this street.
Guideline values in Manapakkam
- Karma Veerar Kamaraj Nagar Phase 8: Rs 200 per sq.ft (2024)
- New Krishna Nagar: Rs 500 per sq.ft (2024)
- Om Saravanabava Nagar Phase-I: Rs 500 per sq.ft (2024)
- Om Saravanabava Nagar Phase-II: Rs 200 per sq.ft (2024)
- Sai Jothi Avenue: Rs 254 per sq.ft (2024)
- Sakthi Garden: Rs 150 per sq.ft (2024)
Stamp duty and registration fee for property in Kumaresan Nagar
For a 1,000 sq.ft plot at the current rate of Rs 200 per sq.ft, the guideline value would be Rs 2,00,000. The stamp duty at 7% would amount to Rs 14,000, and the registration fee at 2% would be Rs 4,000, totaling Rs 18,000. 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 information.
Which Sub Registrar Office covers Kumaresan Nagar?
The Sub Registrar Office covering Kumaresan Nagar is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more details.
How the guideline value is used when you buy or sell in Manapakkam
The guideline value serves as a benchmark for property transactions in Manapakkam. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.
It is essential for buyers and sellers to be aware of the guideline value, as it directly influences the overall cost of property registration. Ensuring compliance with the guideline value helps facilitate a smooth registration process.
Frequently asked questions
What is the current guideline value of Kumaresan Nagar?
The current guideline value of Kumaresan Nagar is Rs 200 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 200 per sq.ft in 2012 to Rs 134 per sq.ft in 2017, then back to Rs 200 per sq.ft in 2023 and 2024. Overall, from 2012 to 2024, the value has remained unchanged at Rs 200 per sq.ft.
What are the stamp duty and registration fees in Kumaresan Nagar?
The stamp duty is calculated at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 2,00,000, the total fees would amount to Rs 18,000.
Which Sub Registrar Office is responsible for Kumaresan Nagar?
The Chengleput Joint I Sub Registrar Office is responsible for Kumaresan Nagar, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.
What is the land classification of Kumaresan Nagar?
Kumaresan Nagar is classified as Residential Class I Type - I, indicating its suitability for residential development.
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