Guideline Value for Sri Venkateshwarar Nagar
₹1100/sq.ft.
The guideline value for Sri Venkateshwarar Nagar in Mannivakkam village (Gooduvancheri SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 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:
Chengalpattu
Zone
Mannivakkam
Village
Gooduvancheri
SRO
Residential Special Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹670 /sq.ft. |
| From 1-4-2012 To 8-6-2017 | ₹1000 /sq.ft. |
| From 1-8-2007 To 31-3-2012 | ₹300 /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 Venkateshwarar 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 Venkateshwarar Nagar guideline value
The current guideline value of Sri Venkateshwarar Nagar, located in Mannivakkam village, is Rs 1,100 per sq.ft, effective from 1 July 2024. This area falls under the Gooduvancheri SRO and is classified as Residential Special Type - I.
How the guideline value of Sri Venkateshwarar Nagar has changed
The guideline value for Sri Venkateshwarar Nagar has seen several revisions over the years. In 2007, the value was Rs 300 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012. However, this value decreased to Rs 670 per sq.ft in 2017. The 2023 revision raised the value to Rs 1,000 per sq.ft, and the most recent revision in 2024 set it at Rs 1,100 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.
From 2007 to 2012, the guideline value increased by 233%. However, it decreased by 33% from 2012 to 2017. A significant increase of 49% occurred from 2017 to 2023, followed by a 10% rise from 2023 to 2024. Overall, the guideline value has increased by 267% from 2007 to 2024.
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 of Rs 1,215 per sq.ft. The guideline value for Sri Venkateshwarar Nagar is below this median.
- Sri Venkateswara Nagar Extn: Rs 1,100 per sq.ft (2024)
- Sri Vishnu Nagar: Rs 1,100 per sq.ft (2024)
- Sri Varadaman Nagar: Rs 1,320 per sq.ft (2024)
- Sri Shunmuga Nagar Part I, II: Rs 1,320 per sq.ft (2024)
- Sri Shunmuga Nagar: Rs 1,320 per sq.ft (2024)
- Sri Shumuga Nagar 1st Main Road: Rs 1,320 per sq.ft (2024)
Stamp duty and registration fee for property in Sri Venkateshwarar Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total charges Rs 99,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.
Which Sub Registrar Office covers Sri Venkateshwarar Nagar?
The Sri Venkateshwarar Nagar area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-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 in the registration process when buying or selling property in Mannivakkam. It helps determine the stamp duty and registration fees payable, ensuring that the transaction is recorded accurately in accordance with the prevailing regulations.
Frequently asked questions
What is the current guideline value of Sri Venkateshwarar Nagar?
The current guideline value of Sri Venkateshwarar Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 300 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 267% over the years.
What are the other streets in Mannivakkam with similar guideline values?
Other streets in Mannivakkam, such as Sri Venkateswara Nagar Extn and Sri Vishnu Nagar, also have a guideline value of Rs 1,100 per sq.ft as of 2024.
What is the registration fee for properties in Sri Venkateshwarar Nagar?
The registration fee is calculated based on the guideline value or sale price, whichever is higher. For example, on a property valued at Rs 11,00,000, the registration fee would be Rs 22,000 at 2%.
Which Sub Registrar Office should I visit for transactions in Sri Venkateshwarar Nagar?
The Gooduvancheri Sub Registrar Office covers Sri Venkateshwarar Nagar. It is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanjery-603202, Chengalpattu registration zone.
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