Guideline Value for Sri Sai Ram Nagar
₹1320/sq.ft.
The guideline value for Sri Sai Ram Nagar in Mannivakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1320 per sq.ft, effective 1 July 2024. It was Rs 1200 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Special Type - Iii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Mannivakkam
Village
Gooduvancheri
SRO
Residential Special Type - III
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1320 /sq.ft. |
| From 1-4-2023 | ₹1200 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹804 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1200 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹250 /sq.ft. |
| 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.
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[email protected], [email protected]
Records for a plot on Sri Sai Ram Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Gooduvancheri sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Sri Sai Ram Nagar guideline value
The current guideline value of Sri Sai Ram Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024. This area is located in Mannivakkam village, under the Gooduvancheri Sub Registrar Office (SRO). The land classification for this locality is Residential Special Type - III.
How the guideline value of Sri Sai Ram Nagar has changed
The guideline value of Sri Sai Ram Nagar has seen significant changes over the years. In 2007, the guideline value was Rs 250 per sq.ft, which increased to Rs 1,200 per sq.ft in 2012, marking a substantial rise of 380%. However, it then decreased to Rs 804 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 1,200 per sq.ft in 2023, and currently stands at Rs 1,320 per sq.ft following a 10% increase in the 2024 revision.
From 2017 to 2023, the value increased by 49%. Overall, from 2007 to 2024, the guideline value has increased by 428%. It is important to note that the register has no figures for the years 2002 and 2003 for this street.
Guideline values in Mannivakkam
Mannivakkam has a total of 118 streets under the Gooduvancheri SRO, with guideline values ranging from Rs 330 to Rs 4,300 per sq.ft. The median guideline value for the village is Rs 1,215 per sq.ft, indicating that the guideline value of Sri Sai Ram Nagar is above this median.
- Sri Sai Nagar Extension IV: Rs 4,110 per sq.ft (2024)
- Sri Sai Nagar Extension-III: Rs 4,110 per sq.ft (2024)
- Sri Sai Nagar Extension -II: Rs 4,110 per sq.ft (2024)
- Sri Sai Nagar Extension-I: Rs 4,110 per sq.ft (2024)
- Sri Sai Nagar: Rs 990 per sq.ft (2024)
- Sri Sathya Narayana Nagar: Rs 990 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Sai Ram Nagar
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 is charged at 7%, which equals Rs 92,400, and the registration fee at 2%, amounting to Rs 26,400. Together, these fees total Rs 1,18,800. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sri Sai Ram Nagar?
The Sub Registrar Office that covers Sri Sai Ram Nagar is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Mannivakkam
The guideline value is a crucial factor during the registration of property in Mannivakkam. It determines the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from property transactions.
When buying or selling property, the guideline value helps in calculating the stamp duty and registration fees. These fees are based on the guideline value or the sale price, whichever is higher, ensuring transparency in property transactions.
Frequently asked questions
What is the current guideline value of Sri Sai Ram Nagar?
The current guideline value of Sri Sai Ram Nagar is Rs 1,320 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed significantly, from Rs 250 per sq.ft in 2007 to Rs 1,320 per sq.ft in 2024, marking an overall increase of 428% over the years.
What is the land classification for Sri Sai Ram Nagar?
Sri Sai Ram Nagar is classified as Residential Special Type - III, indicating its suitability for residential development.
What are the registration fees for property in Sri Sai Ram Nagar?
The registration fees include a stamp duty of 7% and a registration fee of 2% on the guideline value or sale price, whichever is higher.
Where can I find the Sub Registrar Office for Sri Sai Ram Nagar?
The Sub Registrar Office for Sri Sai Ram Nagar is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.
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