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Guideline Value for Mogappair Road Segment - 2 (Sidco Arch to Mogappair East)

₹7100/sq.ft.

The guideline value for Mogappair Road Segment - 2 (sidco Arch To Mogappair East) 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:

Chennai

Zone

Mugappair

Village

Konnur

SRO

Residential Special Type - I
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 ₹1500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹622 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹491 /sq.ft.
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 Mogappair Road Segment - 2 (sidco Arch To Mogappair East)

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Mogappair Road Segment - 2 (Sidco Arch to Mogappair East) guideline value

The current guideline value for Mogappair Road Segment - 2 (Sidco Arch to Mogappair East) is Rs 7,100 per sq.ft. This segment is located in Mugappair village and falls under the Konnur SRO. The land classification for this area is Residential Special Type - I.

How the guideline value of Mogappair Road Segment - 2 (Sidco Arch to Mogappair East) has changed

The guideline value for this segment has seen several revisions over the years. In 2002, the guideline value was Rs 491 per sq.ft. This increased to Rs 622 per sq.ft in 2003, marking a change of +27%. The value then rose significantly to Rs 1,500 per sq.ft in 2007, reflecting a +141% increase. In 2012, the value was revised to Rs 6,500 per sq.ft, showing a substantial increase of +333%. However, it decreased to Rs 4,355 per sq.ft in 2017, which was a decline of -33%. The guideline value then increased again to Rs 6,500 per sq.ft in 2023, and finally, the current value is Rs 7,100 per sq.ft as of the 2024 revision, reflecting a +9% change from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by +1346%. There are no figures available for the revisions in years other than those specified.

Guideline values in Mugappair

The village of Mugappair has 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 guideline value for these streets is Rs 7,100 per sq.ft, which is equal to the current value for Mogappair Road Segment - 2.

Stamp duty and registration fee for property in Mogappair Road Segment - 2 (Sidco Arch to Mogappair East)

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, while 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.

You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Mogappair Road Segment - 2 (Sidco Arch to Mogappair East)?

The Sub Registrar Office that covers Mogappair Road Segment - 2 is the Konnur Sub Registrar Office. The address is Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, Chennai registration zone.

For further assistance, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the transaction process.

When buying or selling property, the guideline value helps ensure that the transaction is recorded accurately and that the appropriate fees are collected by the registration authorities. This process is vital for maintaining transparency and legality in property dealings.

Frequently asked questions

What is the current guideline value for Mogappair Road Segment - 2?

The current guideline value for Mogappair Road Segment - 2 (Sidco Arch to Mogappair East) 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 increased from Rs 491 per sq.ft in 2002 to Rs 7,100 per sq.ft in 2024, marking an overall increase of +1346% over the years.

What is the land classification for this area?

The land classification for Mogappair Road Segment - 2 is Residential Special Type - I.

Where can I find more information about stamp duty and registration fees?

For detailed information about stamp duty and registration fees, you can use the stamp duty and registration fee calculator.

Which office handles registrations for Mogappair Road Segment - 2?

The Konnur Sub Registrar Office handles registrations for Mogappair Road Segment - 2, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, Chennai registration zone.