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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 Sadayankuppam 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 Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Sadayankuppam

Village

Thiruvottiyur

SRO

Residential Special 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 area falls under Sadayankuppam village and is classified as Residential Special Type - I, governed by the Thiruvottiyur SRO.

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

Since 2002, the guideline value for Manali New Town has seen significant changes. The 2002 revision recorded a guideline value of Rs 1 per sq.ft, which increased dramatically to Rs 168 per sq.ft in 2003, marking a change of +16,700%. The value further rose to Rs 250 per sq.ft in 2007, reflecting a +49% increase. Following this, the 2012 revision set the value at Rs 1,000 per sq.ft, demonstrating a substantial +300% rise from the previous revision. However, the value then decreased to Rs 670 per sq.ft in 2017, showing a decline of -33%.

In the subsequent revisions, the guideline value increased again, with the 2023 revision at Rs 1,000 per sq.ft, followed by the current 2024 revision of Rs 1,100 per sq.ft, which is a +10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by +109,900%.

Guideline values in Sadayankuppam

In Sadayankuppam, 20 streets under the Thiruvottiyur SRO have a 2024 guideline value ranging from Rs 1,000 to Rs 1,200 per sq.ft, with a median value 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 amounts to 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, bringing the total fees together to Rs 99,000. 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 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. For more information, you can find your SRO.

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

The guideline value is a crucial factor in property transactions in Sadayankuppam, as it determines the minimum value at which a property can be registered. When buying or selling a property, the guideline value is used to assess the applicable stamp duty and registration fees, ensuring that the transaction is compliant with local regulations.

It is essential for buyers and sellers to be aware of the guideline value, as it influences the overall cost involved in the registration process. Understanding this value helps in making informed decisions during property transactions.

Frequently asked questions

What is the current guideline value of Manali New Town?

The current guideline value of 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 changed significantly from Rs 1 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of +109,900% over this period.

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

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000, and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which office handles property registrations in Manali New Town?

The Thiruvottiyur Sub Registrar Office handles property registrations in Manali New Town, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

What is the land classification for Manali New Town?

Manali New Town is classified as Residential Special Type - I, which is relevant for determining the applicable guideline values and regulations for property transactions in the area.