Guideline Value

Corporate

Guideline Value for MANASAROVAR GARDEN

₹4730/sq.ft.

The guideline value for Manasarovar Garden 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]

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Manasarovar Garden guideline value

The current guideline value of Manasarovar Garden in Paruthipattu village, under the Avadi SRO, is Rs 4,730 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Special Type - I.

How the guideline value of Manasarovar Garden has changed

In the 2017 revision, the guideline value was Rs 2,884 per sq.ft. This figure remained unchanged in the 2023 revision, where it was still Rs 2,884 per sq.ft. However, the 2024 revision saw a significant increase to Rs 4,730 per sq.ft, marking a change of +64% from the previous year. Overall, from 2017 to 2024, the guideline value increased by +64%.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street, indicating that the register has no figure for this street in those years.

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, making the guideline value of Manasarovar Garden above that median.

Stamp duty and registration fee for property in Manasarovar Garden

For a 1,000 sq.ft plot at the current rate of Rs 4,730 per sq.ft, the 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, totaling Rs 4,25,700. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Manasarovar Garden?

The Sub Registrar Office covering Manasarovar Garden is the Avadi Sub Registrar Office, 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 information.

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

The guideline value is a crucial factor in property transactions, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration process will rely on the guideline value or the sale price, whichever is higher.

During the registration process, the stamp duty and registration fees are calculated based on the guideline value. Therefore, understanding the guideline value is essential for both buyers and sellers to ensure compliance with local regulations and to avoid any potential issues during the registration of property transactions.

Frequently asked questions

What is the current guideline value of Manasarovar Garden?

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

How has the guideline value changed over the years?

The guideline value increased from Rs 2,884 per sq.ft in 2017 to Rs 4,730 per sq.ft in 2024, reflecting a +64% change. There was no change in the 2023 revision, where it remained at Rs 2,884 per sq.ft.

What are the other streets in Paruthipattu?

Other streets in Paruthipattu include Manasarovar Garden Extn - VII, Maruthi Avenue Govarthanagiri, Lotus Avenue, MEENAKSHI THEATARE to AVADI BUS STAND, M.E.S.Quarters, and Lakshmipuram, Govarthanagiri, each with their respective guideline values.

Where can I find the Sub Registrar Office for Manasarovar Garden?

The Avadi Sub Registrar Office covers Manasarovar Garden, 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?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. Additionally, a registration fee of 2% is applicable, which is also based on the guideline value or sale price.