Guideline Value for Mannarsamy Ist Cross Street

Mannarsamy Ist Cross Street guideline value

The current guideline value of Mannarsamy Ist Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024. This street is located in Anakaputhur village, under the Pammal SRO, and falls under the Residential Class II Type - II land classification.

How the guideline value of Mannarsamy Ist Cross Street has changed

The guideline value for Mannarsamy Ist Cross Street has seen several revisions over the years. The earliest recorded revision is from 2017, where the value was Rs 804 per sq.ft. This increased to Rs 1,200 per sq.ft in 2023, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 1,320 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for Mannarsamy Ist Cross Street in the revisions of 2002, 2003, 2007, and 2012. Overall, from 2017 to 2024, the guideline value has increased by 64%.

Guideline values in Anakaputhur

In Anakaputhur, there are 501 streets under the Pammal SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 4,640 per sq.ft. The median guideline value for these streets is Rs 1,980 per sq.ft, indicating that Mannarsamy Ist Cross Street's 2024 figure is below this median.

• Mannarswami Koil Street: Rs 1,760 per sq.ft (2024)
• Marian Street: Rs 1,760 per sq.ft (2024)
• Mahathma Nagr Ist Street: Rs 2,350 per sq.ft (2024)
• Mahathma Nagar 2nd Street: Rs 2,350 per sq.ft (2024)
• Mahatama Nagar: Rs 2,350 per sq.ft (2024)
• Mettu Cross Street: Rs 1,320 per sq.ft (2024)

Stamp duty and registration fee for property in Mannarsamy Ist Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,320 per sq.ft, the total guideline value amounts to Rs 13,20,000. The stamp duty, charged at 7%, would be Rs 92,400, while the registration fee at 2% would be Rs 26,400, bringing the total fees to Rs 1,18,800. 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 detailed calculations.

Which Sub Registrar Office covers Mannarsamy Ist Cross Street?

The Sub Registrar Office that covers Mannarsamy Ist Cross Street is the Pammal Sub Registrar Office, located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, in the Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, 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.

Frequently asked questions

What is the current guideline value of Mannarsamy Ist Cross Street?

The current guideline value of Mannarsamy Ist Cross Street is Rs 1,320 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 804 per sq.ft to Rs 1,320 per sq.ft in 2024, which is a total increase of 64% over this period.

What are the other streets in Anakaputhur with their guideline values?

Other streets in Anakaputhur include Mannarswami Koil Street and Marian Street at Rs 1,760 per sq.ft, and Mahathma Nagr Ist Street, Mahathma Nagar 2nd Street, and Mahatama Nagar at Rs 2,350 per sq.ft in 2024.

Where is the Sub Registrar Office located for Mannarsamy Ist Cross Street?

The Pammal Sub Registrar Office is located at Kamarajapuram Thiruneermalai Main Road, Pammal, Chennai-600075, within the Chengalpattu registration zone.

How is stamp duty calculated for properties in Anakaputhur?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, if the guideline value is Rs 13,20,000, the stamp duty would be 7% of this amount.