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Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 3

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 3 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 ₹700 /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 3

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TNHB Mogappair East Block 3 guideline value

The current guideline value of TNHB Mogappair East Block 3 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 3 has changed

The guideline value for TNHB Mogappair East Block 3 has seen significant changes over the years. In 2002, the guideline value was Rs 601 per sq.ft. This increased to Rs 700 per sq.ft in 2003, marking a 16% rise. The value continued to rise, reaching Rs 2,000 per sq.ft in 2007, which was a substantial increase of 186%. By 2012, the value was Rs 8,000 per sq.ft, reflecting a remarkable growth of 300% from 2007. However, there was a decrease of 33% to Rs 5,360 per sq.ft in 2017. The value then rose again to Rs 8,000 per sq.ft in 2023, before reaching the current rate of Rs 8,800 per sq.ft in 2024, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 1364%. There are no figures available for other revisions for this street.

Guideline values in Mugappair

In Mugappair, 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. TNHB Mogappair East Block 3's 2024 figure is above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 3

For a 1,000 sq.ft plot at the current rate, the 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 duty is charged on the higher of the guideline value or 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 3?

The TNHB Mogappair East Block 3 is covered by 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 during property registration in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees applicable to property transactions. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the necessary charges, and it is essential that both parties are informed about the current rates. This helps in avoiding any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for TNHB Mogappair East Block 3?

The current guideline value for TNHB Mogappair East Block 3 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 significantly from Rs 601 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, showing an overall increase of 1364% over this period.

Which Sub Registrar Office covers TNHB Mogappair East Block 3?

The Konnur Sub Registrar Office covers TNHB Mogappair East Block 3, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

What are the stamp duty and registration fees for properties in TNHB Mogappair East Block 3?

For a 1,000 sq.ft plot, the guideline value is Rs 88,00,000. The total stamp duty and registration fees would amount to Rs 7,92,000, calculated based on the guideline value.

What is the land classification for TNHB Mogappair East Block 3?

TNHB Mogappair East Block 3 is classified as Commercial Class I Type - I, indicating its suitability for commercial use.