Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 2

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 2 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 ₹3000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹660 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹601 /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 2

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

TNHB Mogappair East Block 2 guideline value

The current guideline value for TNHB Mogappair East Block 2 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 2 has changed

The guideline value for TNHB Mogappair East Block 2 has seen several revisions over the years. In 2002, the value was Rs 601 per sq.ft, which increased to Rs 660 per sq.ft in 2003, marking a 10% rise. The value then surged significantly to Rs 3,000 per sq.ft in 2007, reflecting a 355% increase. Following this, the value decreased to Rs 8,000 per sq.ft in 2012, a decline of 33%. The value saw a major increase again, reaching Rs 5,360 per sq.ft in 2017, which was a 49% rise from the previous revision. The guideline value was Rs 8,000 per sq.ft in 2023, before reaching the current figure of Rs 8,800 per sq.ft in 2024, indicating a 10% increase.

Overall, from 2002 to 2024, the guideline value has increased by 1364%. There are no figures available for the years not mentioned in the register for this street.

Guideline values in Mugappair

Mugappair village 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 in this area is Rs 7,100 per sq.ft, placing TNHB Mogappair East Block 2 above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 2

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, bringing the total fees to Rs 7,92,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers TNHB Mogappair East Block 2?

The TNHB Mogappair East Block 2 falls under the jurisdiction of the Konnur Sub Registrar Office, located at Sub Register Office, 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 when buying or selling property in Mugappair. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the transaction reflects a fair value in accordance with the official rates set by the government.

When registering a property, buyers must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives due revenue from property transactions, which is essential for public services and infrastructure development.

Frequently asked questions

What is the current guideline value of TNHB Mogappair East Block 2?

The current guideline value of TNHB Mogappair East Block 2 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 increased from Rs 601 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, showing a significant overall increase of 1364% over this period.

What is the land classification of TNHB Mogappair East Block 2?

TNHB Mogappair East Block 2 is classified as Commercial Class I Type - I.

Where can I find the registration office for TNHB Mogappair East Block 2?

The registration office for TNHB Mogappair East Block 2 is the Konnur Sub Registrar Office, 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, for a 1,000 sq.ft plot at Rs 8,800 per sq.ft, the total guideline value is Rs 88,00,000, leading to a stamp duty of Rs 6,16,000 and a registration fee of Rs 1,76,000.