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Guideline Value for Church Road - I (Mogappair East Bustand Upto Coovam River)

₹7100/sq.ft.effective 1 July 2024

Chennai zone Mugappair village Konnur SRO Residential Special Type - I

The guideline value for Church Road - I (mogappair East Bustand Upto Coovam River) in Mugappair village (Konnur SRO, Chennai zone) is Rs 7100 per sq.ft, effective 1 July 2024. It was Rs 6500 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Special Type - I. Source: TNReginet guideline value register.

Last updated:

History
Period Guideline Value
From 1-7-2024 ₹7100 /sq.ft.
From 1-4-2023 ₹6500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4355 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6500 /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)

Sub Register Office , Villivakkam Panchat,union Office Complex ,dunlop Bus Stop ,ambattur ,chennai
044-26173020
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[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 Church Road - I (mogappair East Bustand Upto Coovam River)

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Church Road - I (Mogappair East Bustand upto Coovam River) guideline value

The current guideline value of Church Road - I (Mogappair East Bustand upto Coovam River) is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Mugappair village under the Konnur SRO and is classified as Residential Special Type - I.

How the guideline value of Church Road - I (Mogappair East Bustand upto Coovam River) has changed

The guideline value for Church Road - I has undergone several revisions over the years. The 2012 revision set the value at Rs 6,500 per sq.ft, which was followed by a decrease to Rs 4,355 per sq.ft in the 2017 revision. The value then increased significantly to Rs 6,500 per sq.ft in the 2023 revision, and finally, it rose to Rs 7,100 per sq.ft in the 2024 revision, marking a 9% increase from the previous year.

From 2017 to 2023, the guideline value increased by 49%. However, there are no figures available for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 9%.

Guideline values in Mugappair

In Mugappair, there are 224 streets under the Konnur SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 8,800 per sq.ft. The median value is Rs 7,100 per sq.ft, which is equal to the guideline value of Church Road - I for 2024.

Stamp duty and registration fee for property in Church Road - I (Mogappair East Bustand upto Coovam River)

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value amounts to Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, bringing the total to Rs 6,39,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Church Road - I (Mogappair East Bustand upto Coovam River)?

The Sub Registrar Office that covers Church Road - I is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value is an essential factor when registering property transactions in Mugappair. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction is in compliance with legal requirements.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both parties are aware of the financial obligations involved in the transaction, based on the established guideline values.

Frequently asked questions

What is the current guideline value of Church Road - I?

The current guideline value of Church Road - I (Mogappair East Bustand upto Coovam River) is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,500 per sq.ft in 2012 to Rs 4,355 per sq.ft in 2017, then to Rs 6,500 per sq.ft in 2023, and finally to Rs 7,100 per sq.ft in 2024.

What is the land classification for Church Road - I?

Church Road - I is classified as Residential Special Type - I, indicating its suitability for residential development.

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

The Konnur Sub Registrar Office covers Church Road - I and is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a plot valued at Rs 71,00,000, the stamp duty would be calculated accordingly.