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Guideline Value

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Guideline Value for MANALI NEW TOWN (T N H B & C M D A)

₹1100/sq.ft.

The guideline value for Manali New Town (t N H B & C M D A) in Kadappakkam village (Thiruvottiyur SRO, Chennai zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kadappakkam

Village

Thiruvottiyur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹168 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1 /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 Manali New Town (t N H B & C M D A)

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Manali New Town (T N H B & C M D A) guideline value

The current guideline value for Manali New Town (T N H B & C M D A) is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Kadappakkam village, under the Thiruvottiyur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Manali New Town (T N H B & C M D A) has changed

The guideline value for Manali New Town has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 1 per sq.ft. This increased significantly to Rs 168 per sq.ft in 2003, marking a change of +16,700%. The value then rose to Rs 250 per sq.ft in 2007, a +49% increase. Following this, it jumped to Rs 1,000 per sq.ft in 2012, reflecting a remarkable +300% change. However, the value decreased to Rs 670 per sq.ft in 2017, which was a -33% drop. The next revision in 2023 saw it rise again to Rs 1,000 per sq.ft, before reaching the current value of Rs 1,100 per sq.ft in 2024, a +10% increase.

Overall, from 2002 to 2024, the guideline value has increased by +109,900%. There are no figures available for any other years for this street in the register.

Guideline values in Kadappakkam

Kadappakkam has 17 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 1,001 to Rs 1,200 per sq.ft, with a median of Rs 1,002 per sq.ft. The guideline value for Manali New Town is above this median.

Stamp duty and registration fee for property in Manali New Town (T N H B & C M D A)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. Duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Manali New Town (T N H B & C M D A)?

The Sub Registrar Office that covers Manali New Town is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for further assistance.

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

The guideline value plays a crucial role in the registration process of property transactions in Kadappakkam. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is assessed to ensure that the correct fees are calculated based on either the guideline value or the sale price, whichever is higher. This ensures transparency and compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value for Manali New Town?

The current guideline value for Manali New Town (T N H B & C M D A) is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has undergone several revisions, starting from Rs 1 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting significant changes over the years.

What is the median guideline value for other streets in Kadappakkam?

The median guideline value for other streets in Kadappakkam is Rs 1,002 per sq.ft, with Manali New Town's value being above this median.

What are the stamp duty and registration fees for property in Manali New Town?

For a 1,000 sq.ft plot, the total stamp duty and registration fees would amount to Rs 99,000 based on the current guideline value.

Where is the Sub Registrar Office for Manali New Town located?

The Sub Registrar Office for Manali New Town is located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.