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Guideline Value

Corporate

Guideline Value for Manikandapuram 9th Right St.

₹2400/sq.ft.

The guideline value for Manikandapuram 9th 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 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 9th Right St.

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Manikandapuram 9th Right St. guideline value

The current guideline value of Manikandapuram 9th Right 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 9th Right St. has changed

The guideline value for Manikandapuram 9th Right St. has undergone several revisions over the years. The register shows that in 2012, the guideline value was Rs 2,200 per sq.ft. With the 2024 revision, this figure has increased to Rs 2,400 per sq.ft, marking a change of +9% from the 2012 value. It is important to note that the register has no figure for this street for the years 2002, 2003, 2007, 2017, and 2023.

In summary, the most recent revision in 2024 has set the guideline value at Rs 2,400 per sq.ft, which reflects the current market conditions. The previous value from 2012 was Rs 2,200 per sq.ft, indicating a positive adjustment in the guideline value over the years.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 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 the area is Rs 2,400 per sq.ft, and the guideline value for Manikandapuram 9th Right St. aligns with this median.

Stamp duty and registration fee for property in Manikandapuram 9th 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 amounts to Rs 24,00,000. The stamp duty at 7% would be Rs 1,68,000, while the registration fee at 2% would be Rs 48,000. Together, these charges total Rs 2,16,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Manikandapuram 9th Right St.?

The Sub Registrar Office that covers Manikandapuram 9th 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 critical component in the registration process when buying or selling property in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Manikandapuram 9th Right St.?

The current guideline value of Manikandapuram 9th Right 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 2,400 per sq.ft in 2024, representing a +9% increase. There are no figures available for the years 2002, 2003, 2007, 2017, and 2023.

What is the land classification for Manikandapuram 9th Right St.?

The land classification for Manikandapuram 9th Right St. is Residential Class I Type - I. This classification indicates the type of residential development permitted in the area.

What are the stamp duty and registration fees for a property in this area?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value is Rs 24,00,000. The stamp duty would be Rs 1,68,000 and the registration fee would be Rs 48,000, totaling Rs 2,16,000.

Where is the Sub Registrar Office located for this street?

The Sub Registrar Office covering Manikandapuram 9th Right St. is located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.