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Guideline Value

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Guideline Value for SRI SAI NAGAR EXTENSION-III

₹4110/sq.ft.

The guideline value for Sri Sai Nagar Extension-iii in Mannivakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 4110 per sq.ft, effective 1 July 2024. It was Rs 3732 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Mannivakkam

Village

Gooduvancheri

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹4110 /sq.ft.
From 1-4-2023 ₹3732 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2500 /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)

Defence Colony Road,near Vetnary Hospital,nanthivaram,guduvanjery-603202
044-27462940
[email protected]

DRO (District Registrar Office)

Tambaram District Registrar Office,no.47/8,venkatesan Street,tambaram (west),chennai- 600 045.
null
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on Sri Sai Nagar Extension-iii

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Sri Sai Nagar Extension-III guideline value

The current guideline value of Sri Sai Nagar Extension-III is Rs 4,110 per sq.ft, effective from 1 July 2024. This area is located in Mannivakkam village, under the jurisdiction of the Gooduvancheri SRO. The land classification for this street is Mixed Type - II.

How the guideline value of Sri Sai Nagar Extension-III has changed

Over the years, the guideline value for Sri Sai Nagar Extension-III has seen several revisions. The oldest recorded figure is from 2017, which was Rs 2,500 per sq.ft. This figure increased to Rs 3,732 per sq.ft in 2023, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 4,110 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for this street in the revisions from 2002, 2003, 2007, and 2012.

Guideline values in Mannivakkam

In Mannivakkam, there are 118 streets under the Gooduvancheri SRO that carry a 2024 guideline value ranging from Rs 330 to Rs 4,300 per sq.ft, with a median value of Rs 1,215 per sq.ft. The guideline value for Sri Sai Nagar Extension-III is above this median.

Stamp duty and registration fee for property in Sri Sai Nagar Extension-III

For a 1,000 sq.ft plot at the current guideline value of Rs 4,110 per sq.ft, the total guideline value amounts to Rs 41,10,000. The stamp duty at 7% would be Rs 2,87,700, and the registration fee at 2% would be Rs 82,200, leading to a total of Rs 3,69,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Sai Nagar Extension-III?

The Sub Registrar Office that covers Sri Sai Nagar Extension-III is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Mannivakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a buyer or seller engages in a transaction, the guideline value is used to calculate the applicable fees, ensuring that both parties are aware of the financial obligations involved in the registration process.

Frequently asked questions

What is the current guideline value for Sri Sai Nagar Extension-III?

The current guideline value for Sri Sai Nagar Extension-III is Rs 4,110 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2017 to Rs 3,732 per sq.ft in 2023, and now to Rs 4,110 per sq.ft in 2024. This reflects an overall increase of 64% from 2017 to 2024.

What are the other streets in Mannivakkam with similar guideline values?

Other streets in Mannivakkam with similar guideline values include Sri Sai Nagar Extension -II, Sri Sai Nagar Extension IV, and Sri Sai Nagar Extension-I, all at Rs 4,110 per sq.ft in 2024.

How is stamp duty calculated for property in Sri Sai Nagar Extension-III?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For a property with a guideline value of Rs 41,10,000, the stamp duty would be Rs 2,87,700 at 7%.

Where can I find the Sub Registrar Office for Sri Sai Nagar Extension-III?

The Sub Registrar Office for Sri Sai Nagar Extension-III is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.