Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 5

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 5 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 ₹647 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹589 /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 5

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 5 guideline value

The current guideline value for TNHB Mogappair East Block 5 is Rs 8,800 per sq.ft, effective from 1 July 2024. This property is located in Mugappair village and falls under the Konnur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of TNHB Mogappair East Block 5 has changed

The guideline value for TNHB Mogappair East Block 5 has seen significant changes over the years. In 2002, the guideline value was Rs 589 per sq.ft. It increased to Rs 647 per sq.ft in 2003, marking a 10% rise. The value continued to rise, reaching Rs 2,000 per sq.ft in 2007, which represented a 209% increase. Following that, the value surged to Rs 8,000 per sq.ft in 2012, a substantial increase of 300%. However, it dropped to Rs 5,360 per sq.ft in 2017, reflecting a decline of 33% from the previous figure.

From 2017 to 2023, the guideline value rose significantly to Rs 8,000 per sq.ft, representing a 49% increase. The most recent revision in 2024 set the value at Rs 8,800 per sq.ft, a 10% increase from 2023. Overall, from 2002 to 2024, the guideline value has increased by 1394%.

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. The median value for these streets is Rs 7,100 per sq.ft, placing TNHB Mogappair East Block 5 above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 5

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, 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 or the sale price.

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

Which Sub Registrar Office covers TNHB Mogappair East Block 5?

The TNHB Mogappair East Block 5 is covered by the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For further information, you can find your SRO.

How the guideline value is used when you buy or sell in Mugappair

The guideline value is a critical factor during the registration of property transactions in Mugappair. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees.

When buying or selling a property, it is essential to be aware of the current guideline value, as it influences the overall costs associated with the transaction. Buyers and sellers should ensure that the sale price is in accordance with or exceeds the guideline value to avoid any legal complications.

Frequently asked questions

What is the current guideline value for TNHB Mogappair East Block 5?

The current guideline value for TNHB Mogappair East Block 5 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 589 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, reflecting an overall increase of 1394%.

What is the stamp duty for property in TNHB Mogappair East Block 5?

The stamp duty for property in TNHB Mogappair East Block 5 is 7% of the guideline value or the sale price, whichever is higher.

Which office handles registrations for TNHB Mogappair East Block 5?

The Konnur Sub Registrar Office handles registrations for TNHB Mogappair East Block 5, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

Where can I find more information about stamp duty and registration fees?

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