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Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 10

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 10 in Mugappair village (Konnur SRO, Chennai zone) is Rs 8800 per sq.ft, effective 1 July 2024. It was Rs 8000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mugappair

Village

Konnur

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹8800 /sq.ft.
From 1-4-2023 ₹8000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹5360 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹8000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹828 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹754 /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 Tnhb Mogappair East Block 10

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TNHB Mogappair East Block 10 guideline value

The current guideline value for TNHB Mogappair East Block 10 is Rs 8,800 per sq.ft, effective from 1 July 2024. This property is located in Mugappair village under the Konnur SRO and is classified as Commercial Class I Type - I.

How the guideline value of TNHB Mogappair East Block 10 has changed

The guideline value for TNHB Mogappair East Block 10 has seen several revisions over the years. Starting from Rs 754 per sq.ft in 2002, it increased to Rs 828 per sq.ft in 2003, marking a 10% rise. The value then jumped significantly to Rs 2,000 per sq.ft in 2007, reflecting a 142% increase. Following this, the value rose to Rs 8,000 per sq.ft in 2012, which was a substantial 300% increase. However, it decreased to Rs 5,360 per sq.ft in 2017, a reduction of 33%. The guideline value then saw a significant rise to Rs 8,000 per sq.ft in 2023, before reaching the current value of Rs 8,800 per sq.ft in 2024, which is a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 1067%. There are no figures available for the revisions in years other than those listed above.

Guideline values in Mugappair

In Mugappair, there are 224 streets under the Konnur SRO carrying 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, placing TNHB Mogappair East Block 10 above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 10

For a 1,000 sq.ft plot at the current guideline value of Rs 8,800 per sq.ft, the total guideline value would be Rs 88,00,000. The stamp duty at 7% would amount to Rs 6,16,000, while the registration fee at 2% would be Rs 1,76,000. Together, these fees would total Rs 7,92,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use the stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers TNHB Mogappair East Block 10?

The TNHB Mogappair East Block 10 falls under the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more information, 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 in property transactions in Mugappair. It serves as a benchmark for determining the minimum value at which a property can be registered. When a buyer and seller agree on a sale price, the higher of the sale price or the guideline value will be used to calculate the applicable stamp duty and registration fees.

Understanding the guideline value is essential for both buyers and sellers, as it impacts the overall cost of the transaction. It ensures that the property is registered at a fair value, which is important for legal and financial purposes.

Frequently asked questions

What is the current guideline value for TNHB Mogappair East Block 10?

The current guideline value for TNHB Mogappair East Block 10 is Rs 8,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 754 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, reflecting an overall increase of 1067% over the years.

What is the classification of the land in TNHB Mogappair East Block 10?

The land classification for TNHB Mogappair East Block 10 is Commercial Class I Type - I.

Where can I find the registration office for TNHB Mogappair East Block 10?

The registration office for TNHB Mogappair East Block 10 is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is the stamp duty calculated for properties in TNHB Mogappair East Block 10?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 88,00,000 would incur a stamp duty of Rs 6,16,000 at 7%.