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Guideline Value

Corporate

Guideline Value for MANOHAR NAGAR 11TH STREET

₹2420/sq.ft.

The guideline value for Manohar Nagar 11th Street in Pallikaranai village (Chennai South Joint I SRO, Chennai zone) is Rs 2420 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Pallikaranai

Village

Chennai South Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2420 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2200 /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 Manohar Nagar 11th Street

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Manohar Nagar 11th Street guideline value

The current guideline value of Manohar Nagar 11th Street is Rs 2,420 per sq.ft. This street is located in Pallikaranai village, under the Chennai South Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Manohar Nagar 11th Street has changed

The guideline value for Manohar Nagar 11th Street has undergone several revisions over the years. The oldest recorded revision is from 2012, where the guideline value was Rs 2,200 per sq.ft. The most recent revision, effective from 1 July 2024, shows a guideline value of Rs 2,420 per sq.ft, indicating a change of +10% from the 2012 figure.

There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 in the register for this street.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO, with guideline values ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median guideline value in this area is Rs 1,650 per sq.ft, placing Manohar Nagar 11th Street's 2024 figure above that median.

Stamp duty and registration fee for property in Manohar Nagar 11th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value would be Rs 24,20,000. The stamp duty at 7% would be Rs 1,69,400, and the registration fee at 2% would be Rs 48,400, bringing the total cost for these fees to Rs 2,17,800. 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 Manohar Nagar 11th Street?

The Sub Registrar Office that covers Manohar Nagar 11th Street 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. You can find your SRO for more information.

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

The guideline value is an essential factor in the registration process of property transactions in Pallikaranai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When buying or selling property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Manohar Nagar 11th Street?

The current guideline value of Manohar Nagar 11th Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value changed from Rs 2,200 per sq.ft in 2012 to Rs 2,420 per sq.ft in 2024, reflecting a +10% increase. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification for Manohar Nagar 11th Street?

The land classification for Manohar Nagar 11th Street is Residential Class I Type - I, indicating its suitability for residential purposes.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 24,20,000, the stamp duty at 7% would be Rs 1,69,400.

Where can I find the Sub Registrar Office for Manohar Nagar 11th Street?

The Sub Registrar Office for Manohar Nagar 11th Street is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035. You can find more details online.