Guideline Value

Corporate

Guideline Value for Manikandapuram 5th Left St.

₹2400/sq.ft.

The guideline value for Manikandapuram 5th Left 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 ₹1474 /sq.ft.
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)

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 5th Left St.

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Manikandapuram 5th Left St. guideline value

The current guideline value of Manikandapuram 5th Left St. is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village and falls under the Ambattur SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Manikandapuram 5th Left St. has changed

Over the years, the guideline value of Manikandapuram 5th Left St. has seen several revisions. The 2012 revision set the value at Rs 2,200 per sq.ft, which then decreased to Rs 1,474 per sq.ft in the 2017 revision, marking a decline of 33%. However, in the latest 2024 revision, the guideline value increased significantly to Rs 2,400 per sq.ft, reflecting a rise of 63% from the 2017 figure.

When considering the overall change from 2012 to 2024, the guideline value has increased by 9%. It is important to note that there are no figures available for the revisions in 2023, 2007, 2003, and 2002 for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal comprises 975 streets under the Ambattur SRO, with guideline values 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, making the 2024 figure for Manikandapuram 5th Left St. equal to this median.

Stamp duty and registration fee for property in Manikandapuram 5th 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 would be Rs 24,00,000. The stamp duty at 7% would amount to Rs 1,68,000, and the registration fee at 2% would be Rs 48,000, totaling 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.

To calculate your own fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Manikandapuram 5th Left St.?

The Sub Registrar Office that covers Manikandapuram 5th 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

When buying or selling property in Thirumullaivoyal, the guideline value is a crucial factor as it determines the official value of the property for registration purposes. This value is used to calculate the stamp duty and registration fees, which are mandatory for property transactions.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the financial aspects of the transaction, including the total cost involved in registering the property.

Frequently asked questions

What is the current guideline value of Manikandapuram 5th Left St.?

The current guideline value of Manikandapuram 5th Left St. is Rs 2,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,200 per sq.ft in 2012 to Rs 1,474 per sq.ft in 2017, then increased to Rs 2,400 per sq.ft in 2024. Overall, from 2012 to 2024, it has increased by 9%.

What is the stamp duty for property in Manikandapuram 5th Left St.?

The stamp duty for property in Manikandapuram 5th Left St. is calculated at 7% of the guideline value or the sale price, whichever is higher. For a property valued at Rs 24,00,000, the stamp duty would be Rs 1,68,000.

Which office handles registrations for Manikandapuram 5th Left St.?

The Ambattur Sub Registrar Office handles registrations for Manikandapuram 5th Left St. The office is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

What is the land classification for Manikandapuram 5th Left St.?

The land classification for Manikandapuram 5th Left St. is Residential Class I Type - I, indicating its suitability for residential purposes.