Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 12

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 12 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 12

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TNHB Mogappair East Block 12 guideline value

The current guideline value for TNHB Mogappair East Block 12 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 12 has changed

The guideline value for TNHB Mogappair East Block 12 has seen several revisions over the years. Starting from Rs 566 per sq.ft in 2002, it increased to Rs 622 per sq.ft in 2003. The value then rose significantly to Rs 2,000 per sq.ft in 2007, followed by a decrease to Rs 8,000 per sq.ft in 2012. The value further decreased to Rs 5,360 per sq.ft in 2017, before increasing to Rs 8,000 per sq.ft in 2023. The latest revision in 2024 has set the guideline value at Rs 8,800 per sq.ft.

Between these revisions, notable changes include a 10% increase from 2023 to 2024, a 49% increase from 2017 to 2023, a 33% decrease from 2012 to 2017, a remarkable 300% increase from 2007 to 2012, a 222% increase from 2003 to 2007, and a 10% increase from 2002 to 2003. Overall, from 2002 to 2024, the guideline value has increased by 1455%.

Guideline values in Mugappair

In Mugappair, there are 224 streets under the Konnur SRO with 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. TNHB Mogappair East Block 12's guideline value is above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 12

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 88,00,000. The stamp duty at 7% amounts to Rs 6,16,000, and the registration fee at 2% is Rs 1,76,000, totaling Rs 7,92,000. 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 Mogappair East Block 12?

The TNHB Mogappair East Block 12 falls under 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 a critical factor in the registration process when buying or selling property in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that the transaction is recorded at a value that reflects the current market conditions.

When a property is registered, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price. This ensures that the transaction is compliant with the regulations set forth by the Registration Department.

Frequently asked questions

What is the current guideline value for TNHB Mogappair East Block 12?

The current guideline value for TNHB Mogappair East Block 12 is Rs 8,800 per sq.ft, effective from 1 July 2024.

What was the guideline value in the previous revisions?

The guideline value for TNHB Mogappair East Block 12 was Rs 8,000 per sq.ft in 2023, Rs 5,360 per sq.ft in 2017, Rs 8,000 per sq.ft in 2012, Rs 2,000 per sq.ft in 2007, Rs 622 per sq.ft in 2003, and Rs 566 per sq.ft in 2002.

How much has the guideline value changed over the years?

From 2002 to 2024, the guideline value has increased by 1455%. Significant changes include a 10% increase from 2023 to 2024 and a 49% increase from 2017 to 2023.

What is the stamp duty rate for property in TNHB Mogappair East Block 12?

The stamp duty rate for property in TNHB Mogappair East Block 12 is 7% of the guideline value or the sale price, whichever is higher.

Which office handles the registration for TNHB Mogappair East Block 12?

The registration for TNHB Mogappair East Block 12 is handled by the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.