Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for MANOHAR NAGAR 3RD CROSS STREET

₹2420/sq.ft.

The guideline value for Manohar Nagar 3rd Cross 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 3rd Cross Street

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

Manohar Nagar 3rd Cross Street guideline value

The current guideline value of Manohar Nagar 3rd Cross Street is Rs 2,420 per sq.ft. This street is located in Pallikaranai village, under the Chennai South Joint I SRO, and is classified as Residential Class I Type - I.

How the guideline value of Manohar Nagar 3rd Cross Street has changed

The guideline value for Manohar Nagar 3rd Cross Street has undergone several revisions over the years. The most recent revision, effective from 1 July 2024, sets the value at Rs 2,420 per sq.ft, an increase of 10% from the previous figure of Rs 2,200 per sq.ft established in the 2012 revision. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

In summary, the guideline value has increased from Rs 2,200 per sq.ft in 2012 to Rs 2,420 per sq.ft in 2024, reflecting a significant change over the 12-year period. The absence of figures for the intervening years indicates that there were no recorded revisions for this street during those times.

Guideline values in Pallikaranai

In Pallikaranai, there are 749 streets under the Chennai South Joint I SRO that carry a 2024 guideline value, ranging from Rs 1,110 to Rs 8,580 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, positioning Manohar Nagar 3rd Cross Street above this median.

Stamp duty and registration fee for property in Manohar Nagar 3rd Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,420 per sq.ft, the total guideline value amounts to 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 charges to Rs 2,17,800. Duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Manohar Nagar 3rd Cross Street?

The Sub Registrar Office that covers Manohar Nagar 3rd Cross 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 a crucial factor when buying or selling property in Pallikaranai. It serves as a benchmark for determining the stamp duty and registration fees applicable during the transaction, ensuring that the government receives the appropriate revenue from property transfers.

When a property is registered, the guideline value is used to calculate the necessary taxes and fees, which are based on the higher of the guideline value or the sale price. This ensures that the transaction is recorded accurately and in compliance with local regulations.

Frequently asked questions

What is the current guideline value of Manohar Nagar 3rd Cross Street?

The current guideline value of Manohar Nagar 3rd Cross Street is Rs 2,420 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since the 2012 revision, the guideline value has increased from Rs 2,200 per sq.ft to Rs 2,420 per sq.ft in 2024, marking a 10% increase. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What is the land classification of Manohar Nagar 3rd Cross Street?

Manohar Nagar 3rd Cross Street is classified as Residential Class I Type - I. This classification indicates the type of development permissible in the area.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 24,20,000, the stamp duty would be Rs 1,69,400 and the registration fee would be Rs 48,400, totaling Rs 2,17,800. These charges are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office handles registrations for this street?

The Chennai South Joint I Sub Registrar Office handles registrations for Manohar Nagar 3rd Cross Street. It is located at Integrated Building For Offices Of The Commercial Taxes And Registrations Department, Fanepet Nandanam, Chennai -600 035.