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Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 4

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West Block 4 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 ₹505 /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 4

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TNHB Mogappair West Block 4 guideline value

The current guideline value of TNHB Mogappair West Block 4 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 4 has changed

The guideline value for TNHB Mogappair West Block 4 has undergone several revisions over the years. The earliest recorded figure is from 2002, with a guideline value of Rs 505 per sq.ft. This increased to Rs 700 per sq.ft in 2003, marking a 39% rise. The value saw a significant jump to Rs 2,000 per sq.ft in 2007, reflecting a 186% increase. In 2012, the value rose to Rs 8,000 per sq.ft, a 300% increase from the previous revision. However, it dropped to Rs 5,360 per sq.ft in 2017, a decrease of 33%. The guideline value then increased to Rs 8,000 per sq.ft in 2023, followed by the latest revision to Rs 8,800 per sq.ft in 2024, which is a 10% increase.

There are no figures available for the years between 2002 and 2007, and also for the years between 2017 and 2023. The overall increase from 2002 to 2024 is 1643%.

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 West Block 4's guideline value is above this median.

Stamp duty and registration fee for property in TNHB Mogappair West Block 4

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 the 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 4?

The TNHB Mogappair West Block 4 falls under 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 in the registration process when buying or selling property in Mugappair. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is documented accurately. This process helps maintain transparency and uniformity in property dealings within the region.

Frequently asked questions

What is the current guideline value of TNHB Mogappair West Block 4?

The current guideline value of TNHB Mogappair West Block 4 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 505 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, reflecting an overall increase of 1643% over the years.

What is the classification of TNHB Mogappair West Block 4?

TNHB Mogappair West Block 4 is classified as Commercial Class I Type - I.

Where can I find the registration office for TNHB Mogappair West Block 4?

The registration office for TNHB Mogappair West Block 4 is the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current guideline value, the total fees would amount to Rs 7,92,000.