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

Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 3

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West 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 ₹582 /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 3

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 3 guideline value

The current guideline value for TNHB Mogappair West 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 West Block 3 has changed

The guideline value for TNHB Mogappair West Block 3 has seen significant changes over the years. The earliest recorded revision in the register is from 2002, where the value was Rs 582 per sq.ft. This figure increased to Rs 700 per sq.ft in 2003, marking a 20% rise. Subsequent revisions showed a substantial increase, with the value reaching Rs 2,000 per sq.ft in 2007, which was a 186% increase from the previous year. In 2012, the value was recorded at Rs 8,000 per sq.ft, a 300% increase from 2007. However, this was followed by a decrease to Rs 5,360 per sq.ft in 2017, reflecting a 33% drop.

From 2017 to 2023, the guideline value rose significantly to Rs 8,000 per sq.ft, a 49% increase. The latest revision in 2024 has set the value at Rs 8,800 per sq.ft, which is a 10% increase from the previous year. The register has no figures for any other years 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. The guideline value for TNHB Mogappair West Block 3 is above this median.

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

For a 1,000 sq.ft plot at the current rate of Rs 8,800 per sq.ft, 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. 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 West Block 3?

The Sub Registrar Office that covers TNHB Mogappair West Block 3 is the Konnur Sub Registrar Office, located at 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 the registration of property transactions in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees applicable when buying or selling property.

When a property is registered, the guideline value is compared with the sale price, and the duty is charged on the higher of the two. This ensures that the government receives the appropriate revenue based on the market conditions reflected in the guideline values.

Frequently asked questions

What is the current guideline value of TNHB Mogappair West Block 3?

The current guideline value of TNHB Mogappair West 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 582 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, reflecting an overall increase of 1412%.

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

For a 1,000 sq.ft property, the total stamp duty and registration fees would amount to Rs 7,92,000, based on the current guideline value.

Which Sub Registrar Office is responsible for TNHB Mogappair West Block 3?

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

What is the land classification of TNHB Mogappair West Block 3?

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