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Guideline Value for Manimegalai Steet (Sri Sakthi Nagar)

₹2400/sq.ft.

The guideline value for Manimegalai Steet (sri Sakthi Nagar) in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2400 per sq.ft, effective 1 July 2024. It was Rs 2200 per sq.ft from 1 April 2023, a 9% change. 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 ₹2200 /sq.ft.
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 Manimegalai Steet (sri Sakthi Nagar)

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Manimegalai Steet (Sri Sakthi Nagar) guideline value

The current guideline value of Manimegalai Steet (Sri Sakthi Nagar) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Class I Type - I.

How the guideline value of Manimegalai Steet (Sri Sakthi Nagar) has changed

In the 2012 revision, the guideline value was Rs 2,200 per sq.ft. This figure remained unchanged through the 2023 revision, which also listed the value at Rs 2,200 per sq.ft. However, in the 2024 revision, the guideline value increased to Rs 2,400 per sq.ft, reflecting a 9% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 9%. The register does not provide figures for the years 2002, 2003, 2007, and 2017 for this street.

Guideline values in Thirumullaivoyal

Thirumullaivoyal has a total of 975 streets under the Ambattur SRO, with guideline values ranging from Rs 880 to Rs 5,500 per sq.ft. The median guideline value in this village is Rs 2,400 per sq.ft, which matches the 2024 figure for Manimegalai Steet (Sri Sakthi Nagar).

Stamp duty and registration fee for property in Manimegalai Steet (Sri Sakthi Nagar)

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 fees 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 information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Manimegalai Steet (Sri Sakthi Nagar)?

The Sub Registrar Office covering Manimegalai Steet (Sri Sakthi Nagar) 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Thirumullaivoyal. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property.

When registering a property, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. 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 Manimegalai Steet (Sri Sakthi Nagar)?

The current guideline value of Manimegalai Steet (Sri Sakthi Nagar) 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 remained at Rs 2,200 per sq.ft from 2012 to 2023. In 2024, it increased to Rs 2,400 per sq.ft, marking a 9% increase from the previous year.

What is the land classification of Manimegalai Steet (Sri Sakthi Nagar)?

Manimegalai Steet (Sri Sakthi Nagar) is classified as Residential Class I Type - I.

How does the guideline value compare to other streets in Thirumullaivoyal?

The guideline value of Rs 2,400 per sq.ft for Manimegalai Steet (Sri Sakthi Nagar) is equal to the median value of other streets in Thirumullaivoyal, which also range from Rs 880 to Rs 5,500 per sq.ft.

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

The Sub Registrar Office for Manimegalai Steet (Sri Sakthi Nagar) is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.