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Guideline Value

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Guideline Value for Sri Ambal Nagar Manali Ramakrishna Avenue

₹2200/sq.ft.

The guideline value for Sri Ambal Nagar Manali Ramakrishna Avenue in Mangadu -a village (Kunrathur SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mangadu -a

Village

Kunrathur

SRO

Residential Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Sri Ambal Nagar Manali Ramakrishna Avenue

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Sri Ambal Nagar Manali Ramakrishna Avenue guideline value

The current guideline value of Sri Ambal Nagar Manali Ramakrishna Avenue is Rs 2,200 per sq.ft, effective from 1 July 2024. This street is located in Mangadu -A village, under the Kunrathur SRO, and is classified as Residential Special Type - I.

How the guideline value of Sri Ambal Nagar Manali Ramakrishna Avenue has changed

The guideline value for Sri Ambal Nagar Manali Ramakrishna Avenue has seen several revisions over the years. The earliest recorded figure is from 2017, where it was Rs 1,340 per sq.ft. This increased to Rs 2,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 set the value at Rs 2,200 per sq.ft, reflecting a 10% increase from the previous year.

There are no recorded figures for this 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 Mangadu -A

In Mangadu -A, there are 208 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 1,320 to Rs 3,300 per sq.ft, with a median value of Rs 1,870 per sq.ft. The guideline value of Sri Ambal Nagar Manali Ramakrishna Avenue is above this median.

Stamp duty and registration fee for property in Sri Ambal Nagar Manali Ramakrishna Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, totaling Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Sri Ambal Nagar Manali Ramakrishna Avenue?

The Sri Ambal Nagar Manali Ramakrishna Avenue is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Mangadu -A

The guideline value is a crucial factor during property registration in Mangadu -A. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When you register a property, the guideline value serves as a benchmark for assessing the transaction value. Buyers and sellers should be aware that the duty is charged based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Sri Ambal Nagar Manali Ramakrishna Avenue?

The current guideline value of Sri Ambal Nagar Manali Ramakrishna Avenue is Rs 2,200 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 1,340 per sq.ft in 2017 to Rs 2,200 per sq.ft in 2024, representing an overall increase of 64%.

What is the registration office for Sri Ambal Nagar Manali Ramakrishna Avenue?

The registration office for Sri Ambal Nagar Manali Ramakrishna Avenue is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

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

For a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000 and the registration fee would be Rs 44,000, totaling Rs 1,98,000.

Where can I find more information about guideline values in Mangadu -A?

You can find more information about guideline values in Mangadu -A by checking the registration department's guideline value register or visiting the Kunrathur SRO.