Guideline Value

Corporate

Guideline Value for TNHB Flats Mogappair

₹7100/sq.ft.

The guideline value for Tnhb Flats Mogappair 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 ₹2000 /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)

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 Tnhb Flats Mogappair

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TNHB Flats Mogappair guideline value

The current guideline value for TNHB Flats Mogappair is Rs 7,100 per sq.ft, effective from 1 July 2024. This property is located in Mugappair village, under the Konnur SRO, and is classified as Residential Special Type - I.

How the guideline value of TNHB Flats Mogappair has changed

The guideline value for TNHB Flats Mogappair has seen significant changes over the years. Starting from Rs 2,000 per sq.ft in 2007, it increased dramatically to Rs 6,500 per sq.ft in 2012, marking a rise of 225%. However, it then decreased to Rs 4,355 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 6,500 per sq.ft in 2023, before reaching the current rate of Rs 7,100 per sq.ft in 2024, reflecting a 9% increase.

In summary, the guideline value has increased from Rs 2,000 per sq.ft in 2007 to Rs 7,100 per sq.ft in 2024, representing an overall increase of 255%. The revisions for the years 2002 and 2003 do not have figures listed for this street.

Guideline values in Mugappair

Mugappair has a total of 224 streets under the Konnur SRO, with guideline values 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 the same as the current value for TNHB Flats Mogappair.

Stamp duty and registration fee for property in TNHB Flats Mogappair

For a 1,000 sq.ft plot at the current guideline value, 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 duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers TNHB Flats Mogappair?

The TNHB Flats Mogappair falls under the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Mugappair. It serves as a benchmark to determine the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue from stamp duty and registration fees.

When buying or selling a property, the guideline value will be used to calculate the stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the actual sale price of the property.

Frequently asked questions

What is the current guideline value for TNHB Flats Mogappair?

The current guideline value for TNHB Flats Mogappair 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 significantly, starting from Rs 2,000 per sq.ft in 2007 to Rs 7,100 per sq.ft in 2024, reflecting an overall increase of 255% over the years.

What is the land classification for TNHB Flats Mogappair?

The land classification for TNHB Flats Mogappair is Residential Special Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for TNHB Flats Mogappair?

The Sub Registrar Office covering TNHB Flats Mogappair is located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is stamp duty calculated for properties in TNHB Flats Mogappair?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a guideline value of Rs 71,00,000, the stamp duty would be Rs 4,97,000 at a rate of 7%.