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Guideline Value

Corporate

Guideline Value for Manikandapuram 4th Right St.

₹2400/sq.ft.

The guideline value for Manikandapuram 4th Right St. in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 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

Thirumullaivoyal

Village

Ambattur

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹2400 /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 ₹500 /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)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Manikandapuram 4th Right St.

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Manikandapuram 4th Right St. guideline value

The current guideline value of Manikandapuram 4th Right St. is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village, under the Ambattur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Manikandapuram 4th Right St. has changed

The guideline value for Manikandapuram 4th Right St. has seen several revisions over the years. The earliest recorded figure is from the 2007 revision at Rs 500 per sq.ft, which then increased significantly to Rs 2,200 per sq.ft in the 2012 revision, marking a rise of 340%. The most recent revision in 2024 set the value at Rs 2,400 per sq.ft, reflecting a 9% increase from the 2012 figure.

There are no recorded figures for the years 2002, 2003, 2017, and 2023 for this street. Overall, from the 2007 revision to the 2024 revision, the guideline value has increased by 380%.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value, ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value for these streets is Rs 2,400 per sq.ft, which is equal to the current value of Manikandapuram 4th Right St.

Stamp duty and registration fee for property in Manikandapuram 4th Right St.

For a 1,000 sq.ft plot at the current guideline value of Rs 2,400 per sq.ft, the total guideline value would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, while 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. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Manikandapuram 4th Right St.?

The Sub Registrar Office that covers Manikandapuram 4th Right 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 of property transactions in Thirumullaivoyal. It serves as a benchmark for determining the minimum value at which properties can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. These fees are based on the guideline value or the sale price, whichever is higher, thus influencing the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Manikandapuram 4th Right St.?

The current guideline value of Manikandapuram 4th Right 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 2007 revision, the guideline value has increased significantly, from Rs 500 per sq.ft in 2007 to Rs 2,400 per sq.ft in 2024, marking an overall increase of 380%.

What are the other streets with the same guideline value in Thirumullaivoyal?

Other streets in Thirumullaivoyal with the same guideline value of Rs 2,400 per sq.ft include Manikandapuram 4th Left St., Manikandapuram 4th Street, Manikandapuram 3rd Street, Manikandapuram 5th Left St., Manikandapuram 3rd Right St., and Manikandapuram 5th Right St.

What is the stamp duty rate for property in Manikandapuram 4th Right St.?

The stamp duty rate for property transactions in Manikandapuram 4th Right St. is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Manikandapuram 4th Right St.?

The Sub Registrar Office for Manikandapuram 4th Right St. is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.