Guideline Value

Corporate

Guideline Value for Manimuthu Aaru(ICF)

₹2400/sq.ft.

The guideline value for Manimuthu Aaru(icf) in 5. Athipattu village (Konnur 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

5. Athipattu

Village

Konnur

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 ₹1474 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[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 Manimuthu Aaru(icf)

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Manimuthu Aaru(ICF) guideline value

The current guideline value of Manimuthu Aaru(ICF) is Rs 2,400 per sq.ft, effective from 1 July 2024. This street is located in 5. Athipattu village under the Konnur SRO, classified as Residential Class I Type - I.

How the guideline value of Manimuthu Aaru(ICF) has changed

The guideline value for Manimuthu Aaru(ICF) has undergone several revisions over the years. The 2017 revision set the value at Rs 1,474 per sq.ft, which increased to Rs 2,200 per sq.ft in the 2023 revision. The most recent 2024 revision raised it further to Rs 2,400 per sq.ft. Notably, there are no figures available for the years 2002, 2003, 2007, and 2012 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 9%. Overall, the guideline value has increased by 63% from 2017 to 2024.

Guideline values in 5. Athipattu

In 5. Athipattu, there are 119 streets under the Konnur SRO with a 2024 guideline value ranging from Rs 1,100 to Rs 7,650 per sq.ft. The median value for these streets is Rs 2,200 per sq.ft, and the guideline value for Manimuthu Aaru(ICF) is above this median.

Stamp duty and registration fee for property in Manimuthu Aaru(ICF)

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, 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.

You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Manimuthu Aaru(ICF)?

The Sub Registrar Office covering Manimuthu Aaru(ICF) is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 5. Athipattu

The guideline value is a critical factor in property transactions in 5. Athipattu, as it determines the minimum value at which property can be registered. Buyers and sellers must consider this value when negotiating sale prices, as the registration fees and stamp duties are based on the guideline value or the sale price, whichever is higher.

When purchasing property, it is essential to be aware of the guideline value to ensure compliance with local regulations and to avoid any discrepancies during the registration process. This value serves as a benchmark for both buyers and sellers in the real estate market.

Frequently asked questions

What is the current guideline value for Manimuthu Aaru(ICF)?

The current guideline value for Manimuthu Aaru(ICF) is Rs 2,400 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 1,474 per sq.ft in 2017 to Rs 2,400 per sq.ft in 2024, representing an overall increase of 63% during this period.

What are the other streets in 5. Athipattu and their guideline values?

Other streets in 5. Athipattu include Mariammankoil Street (Kuppam) and Mariamman Street, both at Rs 1,600 per sq.ft, as well as Masuthi Street (Chelliamman) and Mahatma Gandhi Road, both at Rs 2,200 per sq.ft.

What is the stamp duty rate for property in Manimuthu Aaru(ICF)?

The stamp duty rate for property transactions in Manimuthu Aaru(ICF) is 7% of the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Manimuthu Aaru(ICF)?

The Sub Registrar Office for Manimuthu Aaru(ICF) is located at the Konnur Sub Registrar Office, Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.