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Guideline Value

Corporate

Guideline Value for MANASAROVAR GARDEN EXTN - VII

₹4730/sq.ft.

The guideline value for Manasarovar Garden Extn - Vii in Paruthipattu village (Avadi SRO, Chennai zone) is Rs 4730 per sq.ft, effective 1 July 2024. It was Rs 2884 per sq.ft from 1 April 2023, a 64% change. The land classification is Mixed Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Paruthipattu

Village

Avadi

SRO

Mixed Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹4730 /sq.ft.
From 1-4-2023 ₹2884 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2884 /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)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[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 Manasarovar Garden Extn - Vii

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Manasarovar Garden Extn - VII guideline value

The current guideline value of Manasarovar Garden Extn - VII is Rs 4,730 per sq.ft, effective from 1 July 2024. This area is located in Paruthipattu village and falls under the Avadi Sub Registrar Office (SRO). The land classification for this street is Mixed Special Type - I.

How the guideline value of Manasarovar Garden Extn - VII has changed

The guideline value for Manasarovar Garden Extn - VII has seen significant changes over the years. The 2017 revision recorded a guideline value of Rs 2,884 per sq.ft, which remained unchanged in the 2023 revision. However, in the 2024 revision, the guideline value increased to Rs 4,730 per sq.ft, marking a 64% rise from the 2023 figure.

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

Guideline values in Paruthipattu

In Paruthipattu, there are 486 streets under the Avadi SRO that carry a 2024 guideline value, ranging from Rs 801 to Rs 4,730 per sq.ft. The median guideline value in this area is Rs 1,625 per sq.ft, placing Manasarovar Garden Extn - VII above that median.

Stamp duty and registration fee for property in Manasarovar Garden Extn - VII

For a 1,000 sq.ft plot at the current guideline value of Rs 4,730 per sq.ft, the total guideline value amounts to Rs 47,30,000. The stamp duty at 7% would be Rs 3,31,100, and the registration fee at 2% would be Rs 94,600, bringing the total to Rs 4,25,700. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Manasarovar Garden Extn - VII?

The Sub Registrar Office that covers Manasarovar Garden Extn - VII is the Avadi Sub Registrar Office. The office is located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Paruthipattu. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction.

When a property is sold, the guideline value ensures that the transaction is recorded accurately, reflecting the official value of the property. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Manasarovar Garden Extn - VII?

The current guideline value of Manasarovar Garden Extn - VII is Rs 4,730 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2017 revision, the guideline value has increased by 64% to Rs 4,730 per sq.ft in 2024. The value remained unchanged from 2017 to 2023.

What is the land classification for Manasarovar Garden Extn - VII?

The land classification for Manasarovar Garden Extn - VII is Mixed Special Type - I. This classification indicates the type of land use permitted in the area.

What is the registration office for properties in Paruthipattu?

The registration office for properties in Paruthipattu is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

How is the stamp duty calculated for properties in Manasarovar Garden Extn - VII?

The stamp duty for properties in Manasarovar Garden Extn - VII is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is also applicable.