Guideline Value for Mangala Nagar Extn
₹250/sq.ft.
The guideline value for Mangala Nagar Extn in Vellerithangal village (Gooduvancheri SRO, Chengalpattu zone) is Rs 250 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Vellerithangal
Village
Gooduvancheri
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹250 /sq.ft. |
| From 1-4-2023 | ₹250 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹167 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹250 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹55 /sq.ft. |
| 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)
Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]
DRO (District Registrar Office)
Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
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[email protected], [email protected]
Records for a plot on Mangala Nagar Extn
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Gooduvancheri sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Mangala Nagar Extn guideline value
The current guideline value of Mangala Nagar Extn is Rs 250 per sq.ft, effective from 1 July 2024. This area is located in Vellerithangal village, falling under the Gooduvancheri SRO, and is classified as Residential Class I Type - I.
How the guideline value of Mangala Nagar Extn has changed
Over the years, the guideline value of Mangala Nagar Extn has seen several revisions. In 2007, the value was Rs 55 per sq.ft, which increased significantly to Rs 250 per sq.ft in 2012, marking a rise of 355%. However, from 2012 to 2017, the value decreased to Rs 167 per sq.ft, a drop of 33%. The value remained at Rs 250 per sq.ft from 2017 until the 2024 revision.
The most recent revision in 2024 maintains the guideline value at Rs 250 per sq.ft, showing no change from the 2023 revision. Overall, from 2007 to 2024, the guideline value has increased by 355%.
Guideline values in Vellerithangal
In Vellerithangal, there are 21 streets under the Gooduvancheri SRO that have a 2024 guideline value ranging from Rs 250 to Rs 1,400 per sq.ft, with a median value of Rs 400 per sq.ft. The guideline value of Mangala Nagar Extn is below this median.
- Mangala Nagar Stage-II: Rs 250 per sq.ft (2024)
- Mangala Nagar: Rs 250 per sq.ft (2024)
- Mangala Nagar Stage-V: Rs 250 per sq.ft (2024)
- Mahasakthi Raja Nagar Extn-I & II: Rs 300 per sq.ft (2024)
- Mahasakthi Raja Nagar: Rs 300 per sq.ft (2024)
- Krishnamohana Nagar: Rs 400 per sq.ft (2024)
Stamp duty and registration fee for property in Mangala Nagar Extn
For a 1,000 sq.ft plot at the current guideline value of Rs 250 per sq.ft, the total guideline value amounts to Rs 2,50,000. The stamp duty at 7% would be Rs 17,500, and the registration fee at 2% would be Rs 5,000, totaling Rs 22,500. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use our stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Mangala Nagar Extn?
The Sub Registrar Office covering Mangala Nagar Extn is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Vellerithangal
The guideline value plays a crucial role during property transactions in Vellerithangal. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers must be aware of the guideline value to ensure compliance with local regulations.
When a property is registered, the guideline value is compared with the sale price. The higher amount is used to calculate the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately in accordance with the law.
Frequently asked questions
What is the current guideline value of Mangala Nagar Extn?
The current guideline value of Mangala Nagar Extn is Rs 250 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 55 per sq.ft in 2007 to Rs 250 per sq.ft in 2012, then decreased to Rs 167 per sq.ft in 2017, and has remained at Rs 250 per sq.ft from 2017 to 2024.
What is the land classification of Mangala Nagar Extn?
Mangala Nagar Extn is classified as Residential Class I Type - I, indicating its suitability for residential development.
Where can I find the registration office for Mangala Nagar Extn?
The registration office for Mangala Nagar Extn is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.
How is the stamp duty calculated for properties in Mangala Nagar Extn?
Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the guideline value of Rs 250 per sq.ft would incur a total guideline value of Rs 2,50,000, leading to a stamp duty of Rs 17,500.
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