Guideline Value

Corporate

Guideline Value for Manickam Nagar 4th Street

₹1760/sq.ft.

The guideline value for Manickam Nagar 4th Street in Kunrathour-b village (Kunrathur SRO, Chennai zone) is Rs 1760 per sq.ft, effective 1 July 2024. It was Rs 1600 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Special Type - Iii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Kunrathour-b

Village

Kunrathur

SRO

Mixed Special Type - III
History
Period Guideline Value
From 1-7-2024 ₹1760 /sq.ft.
From 1-4-2023 ₹1600 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1072 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[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 Manickam Nagar 4th Street

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Manickam Nagar 4th Street guideline value

The current guideline value of Manickam Nagar 4th Street is Rs 1,760 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village, under the Kunrathur SRO, and is classified as Mixed Special Type - III.

How the guideline value of Manickam Nagar 4th Street has changed

The guideline value for Manickam Nagar 4th Street has undergone several revisions over the years. The 2017 revision set the value at Rs 1,072 per sq.ft, which increased to Rs 1,600 per sq.ft in the 2023 revision. The most recent revision in 2024 has raised the guideline value to Rs 1,760 per sq.ft, marking a significant increase of 10% from the previous year.

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 recorded figures for this street in the revisions from the years 2002, 2003, 2007, and 2012.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median value for these streets is Rs 1,540 per sq.ft, placing the 2024 guideline value of Manickam Nagar 4th Street above that median.

Stamp duty and registration fee for property in Manickam Nagar 4th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,760 per sq.ft, the total guideline value would be Rs 17,60,000. The stamp duty at 7% would amount to Rs 1,23,200, and the registration fee at 2% would be Rs 35,200, resulting in a total of Rs 1,58,400 for these fees. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Manickam Nagar 4th Street?

The Sub Registrar Office that covers Manickam Nagar 4th Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor in the registration process when buying or selling property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

Understanding the guideline value helps buyers and sellers ensure that they comply with the legal requirements during property transactions. It is essential to refer to the latest revisions to ascertain the accurate costs associated with property transactions.

Frequently asked questions

What is the current guideline value of Manickam Nagar 4th Street?

The current guideline value of Manickam Nagar 4th Street is Rs 1,760 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 1,072 per sq.ft in 2017 to Rs 1,760 per sq.ft in 2024, representing an overall increase of 64%.

What is the land classification of Manickam Nagar 4th Street?

Manickam Nagar 4th Street is classified as Mixed Special Type - III, which indicates its zoning and usage regulations.

Where can I find the registration office for Manickam Nagar 4th Street?

The registration office for Manickam Nagar 4th Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, on a property valued at Rs 17,60,000, the total fees would amount to Rs 1,58,400.