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Guideline Value

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Guideline Value for Thiruvalluvar Nagar Manicka Vasagar Salai

₹1550/sq.ft.

The guideline value for Thiruvalluvar Nagar Manicka Vasagar Salai in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
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 Thiruvalluvar Nagar Manicka Vasagar Salai

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Thiruvalluvar Nagar Manicka Vasagar Salai guideline value

The current guideline value of Thiruvalluvar Nagar Manicka Vasagar Salai is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village and falls under the Kunrathur SRO, classified as Residential Special Type - II.

How the guideline value of Thiruvalluvar Nagar Manicka Vasagar Salai has changed

The guideline value for Thiruvalluvar Nagar Manicka Vasagar Salai has seen several revisions over the years. In 2012, the value was Rs 1,400 per sq.ft, which decreased to Rs 938 per sq.ft in the 2017 revision. However, from 2017 to 2023, the value increased significantly to Rs 1,400 per sq.ft, and in the latest 2024 revision, it rose further to Rs 1,550 per sq.ft, marking an 11% increase from the previous year.

Overall, from 2012 to 2024, the guideline value increased by 11%. The revisions for the years 2002, 2003, and 2007 do not have any figures listed for this street in the register.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 2,000 per sq.ft. The median value is Rs 1,550 per sq.ft, which is equal to the guideline value of Thiruvalluvar Nagar Manicka Vasagar Salai.

Stamp duty and registration fee for property in Thiruvalluvar Nagar Manicka Vasagar Salai

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value amounts to Rs 15,50,000. The stamp duty at 7% would be Rs 1,08,500, and the registration fee at 2% would be Rs 31,000, bringing the total fees together to Rs 1,39,500. 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 detailed calculations.

Which Sub Registrar Office covers Thiruvalluvar Nagar Manicka Vasagar Salai?

The Sub Registrar Office that covers Thiruvalluvar Nagar Manicka Vasagar Salai is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Thirunageswaram. 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 guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue based on the property's value as determined by the guideline value register.

Frequently asked questions

What is the current guideline value of Thiruvalluvar Nagar Manicka Vasagar Salai?

The current guideline value of Thiruvalluvar Nagar Manicka Vasagar Salai is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then back to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,550 per sq.ft in 2024.

What is the land classification for Thiruvalluvar Nagar Manicka Vasagar Salai?

Thiruvalluvar Nagar Manicka Vasagar Salai is classified as Residential Special Type - II.

What are the stamp duty rates for properties in Thiruvalluvar Nagar Manicka Vasagar Salai?

The stamp duty rate for properties in Thiruvalluvar Nagar Manicka Vasagar Salai is 7% of the guideline value or sale price, whichever is higher.

Where is the Kunrathur Sub Registrar Office located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069.