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

Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 2

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West 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 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹539 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹491 /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 West 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 West Block 2 guideline value

The current guideline value of TNHB Mogappair West 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 West Block 2 has changed

The guideline value for TNHB Mogappair West Block 2 has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 491 per sq.ft. It increased to Rs 539 per sq.ft in 2003, marking a 10% rise. The value then rose significantly to Rs 2,000 per sq.ft in 2007, which was a 271% increase. Following this, the 2012 revision set the value at Rs 8,000 per sq.ft, reflecting a 300% increase from the previous figure.

In the 2017 revision, the guideline value decreased to Rs 5,360 per sq.ft, showing a decline of 33%. However, the value rose again to Rs 8,000 per sq.ft in 2023, and the most recent 2024 revision has set it at Rs 8,800 per sq.ft, indicating a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 1,692%.

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. The median guideline value for these streets is Rs 7,100 per sq.ft, positioning TNHB Mogappair West Block 2 above this median.

Stamp duty and registration fee for property in TNHB Mogappair West 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, leading to a total of 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.

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

Which Sub Registrar Office covers TNHB Mogappair West Block 2?

The TNHB Mogappair West Block 2 falls under the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering 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 revenue through stamp duties and registration fees.

When buying or selling property, it is essential to be aware of the guideline value, as it influences the financial aspects of the transaction. Buyers should ensure that the sale price is in line with the guideline value to avoid any legal complications during registration.

Frequently asked questions

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

The current guideline value of TNHB Mogappair West 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 changed significantly, starting from Rs 491 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, marking an overall increase of 1,692%.

What is the registration office for TNHB Mogappair West Block 2?

The registration office for TNHB Mogappair West Block 2 is the Konnur Sub Registrar Office, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is stamp duty calculated for properties in TNHB Mogappair West Block 2?

Stamp duty is calculated at 7% of the guideline value or sale price, whichever is higher. For a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 6,16,000.

What are the other streets in Mugappair with the same guideline value?

Other streets in Mugappair with a guideline value of Rs 8,800 per sq.ft in 2024 include TNHB Mogappair West Block 1, TNHB Mogappair West Block 3, TNHB Mogappair East Block 6, TNHB Mogappair West Block 4, TNHB Mogappair East Block 5, and TNHB Mogappair West Block 5.