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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 Edayanchavadi 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

Edayanchavadi

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 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)

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 is located in Edayanchavadi village and falls under the Thiruvottiyur SRO. The land classification for this property is Residential Special Type - I.

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

Since the 2017 revision, the guideline value for Manali New Town T N H B & C M D A has seen significant increases. In 2017, the value was Rs 670 per sq.ft, which rose to Rs 1,000 per sq.ft in the 2023 revision, marking a 49% increase. The current 2024 revision reflects a further increase to Rs 1,100 per sq.ft, which is a 10% rise from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Edayanchavadi

In Edayanchavadi, there are 23 streets under the Thiruvottiyur SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 1,100 per sq.ft, with a median value of Rs 1,001 per sq.ft. The guideline value for Manali New Town T N H B & C M D A 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 rate of Rs 1,100 per sq.ft, the guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. Duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

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 T N H B & C M D A is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Edayanchavadi. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that both parties are aware of the official valuation of the property.

When a property is registered, the guideline value is used to determine the applicable charges. Buyers should be prepared to pay stamp duty based on this value, which is essential for the legal transfer of ownership.

Frequently asked questions

What is the current guideline value for Manali New Town T N H B & C M D A?

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 much has the guideline value changed from 2017 to 2024?

From 2017 to 2024, the guideline value has increased by 64%, rising from Rs 670 per sq.ft to Rs 1,100 per sq.ft.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Manali New Town T N H B & C M D A is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Manali New Town T N H B & C M D A is the Thiruvottiyur Sub Registrar Office, located at 21/8, Market Lane Kaladipet, Thiruvottiyur, Chennai-600019.

What is the median guideline value for streets in Edayanchavadi?

The median guideline value for streets in Edayanchavadi is Rs 1,001 per sq.ft for the year 2024, with Manali New Town T N H B & C M D A having a value above this median.