Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 11

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 11 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 ₹622 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹566 /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 11

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TNHB Mogappair East Block 11 guideline value

The current guideline value of TNHB Mogappair East Block 11 is Rs 8,800 per sq.ft. 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 11 has changed

The guideline value for TNHB Mogappair East Block 11 has undergone several revisions since 2002. The 2002 revision started at Rs 566 per sq.ft, which increased to Rs 622 per sq.ft in 2003. Following this, there was a significant rise to Rs 2,000 per sq.ft in 2007, and then it jumped to Rs 8,000 per sq.ft in 2012. However, from 2012 to 2017, the value decreased to Rs 5,360 per sq.ft. The value then rose again to Rs 8,000 per sq.ft in 2023, and the most recent revision in 2024 set it at Rs 8,800 per sq.ft.

In terms of percentage changes, from 2002 to 2024, the guideline value has increased by 1,455%. Specifically, the value increased by 10% from 2023 to 2024, 49% from 2017 to 2023, and saw a drop of 33% from 2012 to 2017. The rise from 2007 to 2012 was 300%, while the increase from 2003 to 2007 was 222%. Lastly, there was a 10% increase from 2002 to 2003.

Guideline values in Mugappair

In Mugappair village, 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, with a median value of Rs 7,100 per sq.ft. The guideline value of TNHB Mogappair East Block 11 is above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 11

For a 1,000 sq.ft plot at the current guideline value of Rs 8,800 per sq.ft, the total guideline value amounts to Rs 88,00,000. The stamp duty at 7% would be Rs 6,16,000, and the registration fee at 2% would be Rs 1,76,000, totaling 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.

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

Which Sub Registrar Office covers TNHB Mogappair East Block 11?

The Sub Registrar Office that covers TNHB Mogappair East Block 11 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 a crucial component in the registration process when buying or selling property in Mugappair. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that these costs are calculated based on an official valuation.

Frequently asked questions

What is the current guideline value of TNHB Mogappair East Block 11?

The current guideline value of TNHB Mogappair East Block 11 is Rs 8,800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 566 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, marking an overall increase of 1,455%.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 6,16,000, and the registration fee would be Rs 1,76,000, totaling Rs 7,92,000.

Which office handles the registration for TNHB Mogappair East Block 11?

The registration for TNHB Mogappair East Block 11 is handled by the Konnur Sub Registrar Office, located in Villivakkam Panchayat.

What is the significance of the guideline value when buying property?

The guideline value is used to determine the stamp duty and registration fees during the property transaction, ensuring that these costs are based on an official valuation rather than the sale price.