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Guideline Value

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Guideline Value for Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank

₹7100/sq.ft.

The guideline value for Mogappair Road Segment - 3 (wavin To Mogappair Road West Water Tank 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 ₹465 /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 - 3 (wavin To Mogappair Road West Water Tank

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Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank guideline value

The current guideline value for Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank) is Rs 7,100 per sq.ft. This property 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 - 3 (Wavin to Mogappair Road West Water Tank has changed

The guideline value for this street has undergone several revisions over the years. Starting from the 2002 revision, the value was Rs 465 per sq.ft. In 2003, it increased to Rs 622 per sq.ft, marking a rise of 34%. The 2007 revision saw a significant jump to Rs 1,500 per sq.ft, an increase of 141%. The value then rose to Rs 6,500 per sq.ft in 2012, reflecting a 333% increase from the previous revision.

In 2017, the guideline value was Rs 4,355 per sq.ft, a decrease of 33%. However, this was followed by a substantial increase to Rs 6,500 per sq.ft in 2023, and finally, the current value of Rs 7,100 per sq.ft effective from 1 July 2024, which represents a 9% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 1427%.

Guideline values in Mugappair

Mugappair has a total of 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 for these streets is Rs 7,100 per sq.ft, which is the same as the current guideline value for Mogappair Road Segment - 3.

Stamp duty and registration fee for property in Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank

For a 1,000 sq.ft plot at the current rate of Rs 7,100 per sq.ft, the 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. 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 information.

Which Sub Registrar Office covers Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank?

The Sub Registrar Office that covers Mogappair Road Segment - 3 is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. To find your SRO, you can visit find your SRO.

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

The guideline value is an important factor when registering property transactions in Mugappair. It is used to calculate the stamp duty and registration fees, ensuring that the transaction is recorded at a value recognized by the authorities.

When buying or selling property, it is essential to be aware of the guideline value, as it directly impacts the costs associated with the transaction. Buyers should ensure they are informed about the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Mogappair Road Segment - 3?

The current guideline value for Mogappair Road Segment - 3 (Wavin to Mogappair Road West Water Tank) is Rs 7,100 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed significantly from Rs 465 per sq.ft in 2002 to Rs 7,100 per sq.ft in 2024, marking an overall increase of 1427%.

What is the land classification for this area?

The land classification for Mogappair Road Segment - 3 is Residential Special Type - I.

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

The Konnur Sub Registrar Office covers Mogappair Road Segment - 3, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur specific fees based on the established rates.