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Guideline Value

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Guideline Value for MANAPAKKAN MAIN ROAD ( PONAMALLEE MAIN ROAD TO RAMACHANDRA MISSION ROAD)

₹3300/sq.ft.

The guideline value for Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) in Manapakkam village (Chennai South Joint I SRO, Chennai zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 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

Manapakkam

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
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)

Integrated Building For Offices Of The Commerrcial Taxes And Registrations Department ,fanepet Nandanam ,chennai -600 035
044-29510536
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road)

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Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) guideline value

The current guideline value of Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) is Rs 3,300 per sq.ft, effective from 1 July 2024. This road is located in Manapakkam village and falls under the Chennai South Joint I SRO, classified as Residential Class I Type - I.

How the guideline value of Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) has changed

The guideline value for this street has seen several revisions over the years. The most recent revision in 2024 set the value at Rs 3,300 per sq.ft, an increase of 10% from Rs 3,000 per sq.ft in the 2023 revision. Prior to that, the 2017 revision recorded a guideline value of Rs 2,010 per sq.ft, which reflects a significant rise of 49% compared to the 2023 value. The 2012 revision also set the value at Rs 3,000 per sq.ft, which was a decrease of 33% from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 10%.

The register has no figures for the years 2002, 2003, and 2007 regarding this street. The guideline values recorded in 2012, 2017, 2023, and 2024 show the fluctuations in the property valuation over time.

Guideline values in Manapakkam

In Manapakkam, there are 368 streets under the Chennai South Joint I SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 12,800 per sq.ft, with a median value of Rs 2,530 per sq.ft. The guideline value of Rs 3,300 per sq.ft for Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) is above this median.

Stamp duty and registration fee for property in Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road)

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, making the total charges Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road)?

The Sub Registrar Office that covers Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035, Chennai registration zone.

You can find your SRO for more information.

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

When buying or selling property in Manapakkam, the guideline value is a crucial factor in determining the stamp duty and registration fees applicable to the transaction. The guideline value serves as a benchmark for the minimum price at which a property can be registered.

During the registration process, the authorities will assess the property based on the guideline value, ensuring that the transaction is recorded at a value that reflects the current market conditions as per the established guidelines.

Frequently asked questions

What is the current guideline value of Manapakkan Main Road?

The current guideline value of Manapakkan Main Road ( Ponamallee Main Road To Ramachandra Mission Road) is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 3,000 per sq.ft in 2023 to Rs 3,300 per sq.ft in 2024, a 10% increase. From 2017 to 2023, it increased by 49%, while it decreased by 33% from 2012 to 2017.

What is the land classification for Manapakkan Main Road?

Manapakkan Main Road is classified as Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty rates for properties in Manapakkan?

The stamp duty for properties in Manapakkan is charged at 7% of the guideline value or the sale price, whichever is higher. Registration fees are charged at 2% of the guideline value.

Where can I find the Sub Registrar Office for Manapakkan?

The Sub Registrar Office for Manapakkan is the Chennai South Joint I Sub Registrar Office, located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.