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Guideline Value

Corporate

Guideline Value for TNHB Mogappair East Block 6

₹8800/sq.ft.

The guideline value for Tnhb Mogappair East Block 6 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 6

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TNHB Mogappair East Block 6 guideline value

The current guideline value of TNHB Mogappair East Block 6 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 6 has changed

The guideline value for TNHB Mogappair East Block 6 has undergone several revisions over the years. In 2002, the guideline value was Rs 589 per sq.ft, which increased to Rs 647 per sq.ft in 2003. The value saw a significant rise to Rs 2,000 per sq.ft in 2007, followed by a decrease to Rs 8,000 per sq.ft in 2012. The value then dropped further to Rs 5,360 per sq.ft in 2017, before climbing to Rs 8,000 per sq.ft in 2023. The most recent revision in 2024 set the guideline value at Rs 8,800 per sq.ft.

Between these revisions, the changes were notable. From 2002 to 2003, the increase was +10%. The guideline value rose by +209% from 2003 to 2007, followed by a massive +300% increase from 2007 to 2012. However, there was a decline of -33% from 2012 to 2017. The value then increased by +49% from 2017 to 2023, and finally, there was a +10% rise from 2023 to 2024. 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 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 6's guideline value is above this median.

Stamp duty and registration fee for property in TNHB Mogappair East Block 6

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 duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers TNHB Mogappair East Block 6?

The TNHB Mogappair East Block 6 falls under the jurisdiction of the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. For more details, you can find your SRO.

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

The guideline value is an essential factor when registering a property in Mugappair. It serves as the basis for calculating the stamp duty and registration fees, ensuring that both the buyer and seller comply with the legal requirements during the transaction.

When buying or selling property, it is crucial to be aware of the current guideline value, as it impacts the overall costs involved in the transaction. Buyers should ensure that they are prepared for these costs to avoid any surprises during the registration process.

Frequently asked questions

What is the current guideline value for TNHB Mogappair East Block 6?

The current guideline value for TNHB Mogappair East Block 6 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 seen several revisions, increasing from Rs 589 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, marking a significant overall increase of +1394%.

What is the classification of TNHB Mogappair East Block 6?

TNHB Mogappair East Block 6 is classified as Commercial Class I Type - I, indicating its suitability for commercial activities.

Where can I find the Sub Registrar Office for TNHB Mogappair East Block 6?

The Konnur Sub Registrar Office covers TNHB Mogappair East Block 6, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is stamp duty calculated for properties in TNHB Mogappair East Block 6?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 88,00,000 would incur a stamp duty of Rs 6,16,000 at a rate of 7%.