Guideline Value for MAHA SRI TOWNSHIP MANAIPIRIVU -I

Maha Sri Township Manaipirivu -I guideline value

The current guideline value for Maha Sri Township Manaipirivu -I is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Irumpuli village and falls under the Acchirapakkam SRO. The land classification for this street is Residential Special Type - I.

How the guideline value of Maha Sri Township Manaipirivu -I has changed

According to the guideline value register, there have been no figures recorded for Maha Sri Township Manaipirivu -I in the revisions from 2002, 2003, 2007, 2012, and 2017. The 2023 revision maintained the guideline value at Rs 250 per sq.ft, which was carried over into the 2024 revision, showing no change in value between these two years.

The 2024 revision, effective from 1 July 2024, continues to list the guideline value at Rs 250 per sq.ft. This indicates that there has been a consistent valuation for this street over the recent revisions.

Guideline values in Irumpuli

In Irumpuli, there are 12 streets under the Acchirapakkam SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 450 per sq.ft, with a median value of Rs 402 per sq.ft. The guideline value for Maha Sri Township Manaipirivu -I is below this median.

• Melmaruvathur Highway City: Rs 250 per sq.ft (2024)
• Venkatesh Kumar Nagar Phase I: Rs 450 per sq.ft (2024)
• Venkatesh Kumar Nagar Phase II: Rs 450 per sq.ft (2024)
• Venkatesh Kumar Nagar Phase III: Rs 450 per sq.ft (2024)
• Bgr Breeze Garden: Rs 402 per sq.ft (2024)
• Major Mukundhan Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Maha Sri Township Manaipirivu -I

For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value would be Rs 2,50,000. The stamp duty, charged at 7%, would amount to Rs 17,500, and the registration fee at 2% would be Rs 5,000, bringing the total fees to Rs 22,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Maha Sri Township Manaipirivu -I?

The Maha Sri Township Manaipirivu -I is covered by the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. To find your specific SRO, you can find your SRO.

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

The guideline value is a critical factor in property transactions in Irumpuli, as it determines the minimum value at which properties can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with local regulations.

At the time of registration, the stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value for Maha Sri Township Manaipirivu -I?

The current guideline value for Maha Sri Township Manaipirivu -I is Rs 250 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no recorded figures for Maha Sri Township Manaipirivu -I in the revisions from 2002 to 2017. The guideline value was Rs 250 per sq.ft in both the 2023 and 2024 revisions.

What is the land classification for this area?

The land classification for Maha Sri Township Manaipirivu -I is Residential Special Type - I, indicating its designated use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 2,50,000, the stamp duty would be Rs 17,500 and the registration fee would be Rs 5,000, totaling Rs 22,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this property?

The Acchirapakkam Sub Registrar Office covers Maha Sri Township Manaipirivu -I and is located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.