Guideline Value for MALLES FORTUNE EARTH
₹4110/sq.ft.
The guideline value for Malles Fortune Earth in Mannivakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 4110 per sq.ft, effective 1 July 2024. It was Rs 3732 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mannivakkam
Village
Gooduvancheri
SRO
Mixed Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹4110 /sq.ft. |
| From 1-4-2023 | ₹3732 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹2500 /sq.ft. |
| 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)
Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Malles Fortune Earth
- 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
- Gooduvancheri sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Malles Fortune Earth guideline value
The current guideline value of Malles Fortune Earth is Rs 4,110 per sq.ft, effective from 1 July 2024. This property is located in Mannivakkam village under the Gooduvancheri SRO, classified as Mixed Type - II land.
How the guideline value of Malles Fortune Earth has changed
The guideline value for Malles Fortune Earth has seen several revisions over the years. The 2017 revision set the value at Rs 2,500 per sq.ft, which increased to Rs 3,732 per sq.ft in 2023. The most recent revision in 2024 has raised the guideline value to Rs 4,110 per sq.ft, marking a significant increase of 10% from the previous year.
Between the revisions, the guideline value rose by 49% from 2017 to 2023, and overall, there has been a 64% increase from 2017 to 2024. The register has no figures for the years 2002, 2003, 2007, and 2012 for this street.
Guideline values in Mannivakkam
In Mannivakkam, there are 118 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 4,300 per sq.ft. The median guideline value for these streets is Rs 1,215 per sq.ft, placing Malles Fortune Earth above that median.
- Manneeshwarar Avenue: Rs 1,650 per sq.ft (2024)
- Manneeshwarar Nagar: Rs 1,320 per sq.ft (2024)
- Manneeshwarar Nagar Extn: Rs 1,320 per sq.ft (2024)
- Loganathan Nagar: Rs 1,100 per sq.ft (2024)
- Masuthi Main Road: Rs 990 per sq.ft (2024)
- Masuthi Theru: Rs 990 per sq.ft (2024)
Stamp duty and registration fee for property in Malles Fortune Earth
For a 1,000 sq.ft plot at the current guideline value of Rs 4,110 per sq.ft, the total guideline value would be Rs 41,10,000. The stamp duty at 7% would amount to Rs 2,87,700, while the registration fee at 2% would be Rs 82,200, bringing the total fees together to Rs 3,69,900. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
For more details, you can use the stamp duty and registration fee calculator.
Which Sub Registrar Office covers Malles Fortune Earth?
The Sub Registrar Office that covers Malles Fortune Earth is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.
You can find your SRO for more information.
How the guideline value is used when you buy or sell in Mannivakkam
The guideline value plays a crucial role during the registration of property transactions in Mannivakkam. It is used to determine the stamp duty and registration fees that need to be paid when a property is bought or sold.
When registering a property, the guideline value is compared to the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue from property transactions in the area.
Frequently asked questions
What is the current guideline value of Malles Fortune Earth?
The current guideline value of Malles Fortune Earth is Rs 4,110 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has increased from Rs 2,500 per sq.ft in 2017 to Rs 3,732 per sq.ft in 2023, and finally to Rs 4,110 per sq.ft in 2024. This represents a 64% increase from 2017 to 2024.
What are the guideline values of other streets in Mannivakkam?
Other streets in Mannivakkam have varying guideline values. For example, Manneeshwarar Avenue is valued at Rs 1,650 per sq.ft, while Loganathan Nagar is at Rs 1,100 per sq.ft.
What are the stamp duty and registration fees for properties in Malles Fortune Earth?
The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2%. For a 1,000 sq.ft plot, the total fees would amount to Rs 3,69,900.
Which office handles property registrations for Malles Fortune Earth?
The Gooduvancheri Sub Registrar Office handles property registrations for Malles Fortune Earth, located on Defence Colony Road, near the Veterinary Hospital in Guduvanchery.
Ask the records, or walk the map.
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