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Guideline Value

Corporate

Guideline Value for Sri Rajagopala Swamy Sannathi Street

₹880/sq.ft.

The guideline value for Sri Rajagopala Swamy Sannathi Street in Manimangalam A village (Padappai SRO, Chennai zone) is Rs 880 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Manimangalam A

Village

Padappai

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹880 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹536 /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)

3/158, Pushpagiri Main Rd, Padappai - 601 301.
044-27174392
[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 Rajagopala Swamy Sannathi Street

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Sri Rajagopala Swamy Sannathi Street guideline value

The current guideline value of Sri Rajagopala Swamy Sannathi Street is Rs 880 per sq.ft. This street is located in Manimangalam A village, under the Padappai SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Sri Rajagopala Swamy Sannathi Street has changed

The guideline value for Sri Rajagopala Swamy Sannathi Street has seen several revisions over the years. The 2017 revision set the value at Rs 536 per sq.ft, which increased to Rs 800 per sq.ft in the 2023 revision, marking a 49% increase. The latest revision in 2024 has further raised the guideline value to Rs 880 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 the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Manimangalam A

In Manimangalam A, there are 112 streets under the Padappai SRO that carry a 2024 guideline value ranging from Rs 550 to Rs 2,500 per sq.ft. The median value is Rs 880 per sq.ft, which aligns with the current guideline value of Sri Rajagopala Swamy Sannathi Street.

Stamp duty and registration fee for property in Sri Rajagopala Swamy Sannathi Street

For a 1,000 sq.ft plot at the current rate of Rs 880 per sq.ft, the guideline value amounts to Rs 8,80,000. The stamp duty at 7% would be Rs 61,600, and the registration fee at 2% would be Rs 17,600, bringing the total to Rs 79,200. 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 details.

Which Sub Registrar Office covers Sri Rajagopala Swamy Sannathi Street?

The Sub Registrar Office covering Sri Rajagopala Swamy Sannathi Street is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is an essential factor during the registration of property transactions in Manimangalam A. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives adequate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum price at which a property can be registered. This ensures transparency and helps prevent undervaluation of properties in the area.

Frequently asked questions

What is the current guideline value of Sri Rajagopala Swamy Sannathi Street?

The current guideline value of Sri Rajagopala Swamy Sannathi Street is Rs 880 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased from Rs 536 per sq.ft to Rs 880 per sq.ft in 2024, which is an overall increase of 64%.

What is the registration fee for a property in this area?

The registration fee for a property in Sri Rajagopala Swamy Sannathi Street is calculated at 2% of the guideline value. For a property valued at Rs 8,80,000, the registration fee would be Rs 17,600.

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

The Sub Registrar Office for Sri Rajagopala Swamy Sannathi Street is the Padappai Sub Registrar Office, located at 3/158, Pushpagiri Main Rd, Padappai - 601 301, Chennai registration zone.

What other streets in Manimangalam A have similar guideline values?

Other streets in Manimangalam A with similar guideline values include Sri Meenakshi Nagar and Sri Vetri Nagar, both valued at Rs 880 per sq.ft in 2024.