Guideline Value for Manikandapuram 3rd Left St.

Manikandapuram 3rd Left St. guideline value

The current guideline value of Manikandapuram 3rd Left St. is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Manikandapuram 3rd Left St. has changed

The guideline value for Manikandapuram 3rd Left St. has seen revisions over the years. The 2012 revision recorded a value of Rs 2,200 per sq.ft, while the latest 2024 revision shows an increase to Rs 2,400 per sq.ft, marking a change of +9% from the previous figure. The register does not have figures for the years 2002, 2003, 2007, 2017, and 2023 for this street.

From 2012 to 2024, the guideline value increased from Rs 2,200 to Rs 2,400 per sq.ft. This increase reflects the adjustments made in the register, aligning with the overall changes in the area.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO with a 2024 guideline value range from Rs 880 to Rs 5,500 per sq.ft. The median value is Rs 2,400 per sq.ft, which is equal to the guideline value of Manikandapuram 3rd Left St.

• Manikandapuram 2nd Street: Rs 2,400 per sq.ft (2024)
• Manikandapuram 3rd Right St.: Rs 2,400 per sq.ft (2024)
• Manikandapuram 2nd Right St.: Rs 2,400 per sq.ft (2024)
• Manikandapuram 3rd Street: Rs 2,400 per sq.ft (2024)
• Manikandapuram 2nd Left St.: Rs 2,400 per sq.ft (2024)
• Manikandapuram 4th Left St.: Rs 2,400 per sq.ft (2024)

Stamp duty and registration fee for property in Manikandapuram 3rd Left St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, bringing the total to Rs 2,16,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Manikandapuram 3rd Left St.?

The Sub Registrar Office that covers Manikandapuram 3rd Left St. is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirumullaivoyal. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction.

Frequently asked questions

What is the current guideline value of Manikandapuram 3rd Left St.?

The current guideline value of Manikandapuram 3rd Left St. is Rs 2,400 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 2,400 per sq.ft in 2024, which is a change of +9%.

What is the land classification for Manikandapuram 3rd Left St.?

The land classification for Manikandapuram 3rd Left St. is Residential Class I Type - I.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office covering Manikandapuram 3rd Left St. is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in this area?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For instance, for a plot valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000 at 7%.