Guideline Value for Sri Vishnu Nagar
₹1100/sq.ft.
The guideline value for Sri Vishnu 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 | ₹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 Vishnu 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 Vishnu Nagar guideline value
The current guideline value of Sri Vishnu Nagar is Rs 1,100 per sq.ft, effective from 1 July 2024. This area is located in Mannivakkam village, under the Gooduvancheri SRO, and is classified as Residential Special Type - I.
How the guideline value of Sri Vishnu Nagar has changed
The guideline value for Sri Vishnu Nagar has seen several revisions over the years. In the 2007 revision, the value was set at Rs 250 per sq.ft. This increased significantly to Rs 1,000 per sq.ft in the 2012 revision, but then dropped to Rs 670 per sq.ft in the 2017 revision. The 2023 revision raised it to Rs 1,000 per sq.ft, and the most recent 2024 revision has established the current value at Rs 1,100 per sq.ft.
Between these revisions, there have been notable changes. From 2007 to 2012, the value increased by 300%, but then decreased by 33% from 2012 to 2017. The value saw a substantial rise of 49% from 2017 to 2023, followed by a 10% increase from 2023 to 2024. Overall, from 2007 to 2024, the guideline value has increased by 340%. The register has no figures for the years 2002 and 2003 for this street.
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. Sri Vishnu Nagar's 2024 figure is below this median.
- Sri Venkateswara Nagar Extn: Rs 1,100 per sq.ft (2024)
- Sri Venkateshwarar 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 Vishnu Nagar
For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the 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 a total of Rs 99,000. 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 Vishnu Nagar?
The Sub Registrar Office that covers Sri Vishnu Nagar 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 an important factor in the registration process when buying or selling property in Mannivakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.
When a property is registered, the authorities will consider the guideline value to ensure that the transaction is recorded accurately. This helps in maintaining transparency and consistency in property transactions within the region.
Frequently asked questions
What is the current guideline value of Sri Vishnu Nagar?
The current guideline value of Sri Vishnu 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 multiple times, starting from Rs 250 per sq.ft in 2007 to Rs 1,100 per sq.ft in 2024, with various increases and decreases in between.
What is the land classification of Sri Vishnu Nagar?
Sri Vishnu Nagar is classified as Residential Special Type - I.
What are the stamp duty and registration fees for property in Sri Vishnu Nagar?
The stamp duty is 7% of the guideline value, and the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total of Rs 99,000 in fees based on the current guideline value.
Which Sub Registrar Office covers Sri Vishnu Nagar?
The Gooduvancheri Sub Registrar Office covers Sri Vishnu Nagar, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.
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