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Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 5

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West 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 ₹635 /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 5

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TNHB Mogappair West Block 5 guideline value

The current guideline value for TNHB Mogappair West Block 5 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 5 has changed

The guideline value for TNHB Mogappair West Block 5 has seen several revisions over the years. Starting from Rs 505 per sq.ft in 2002, it increased to Rs 635 per sq.ft in 2003, marking a 26% rise. The value further rose to Rs 2,000 per sq.ft in 2007, reflecting a significant increase of 215%. By 2012, the value was Rs 8,000 per sq.ft, but this represented a decrease of 300% from the previous revision.

In 2017, the guideline value was revised to Rs 5,360 per sq.ft, which was a 49% increase from the 2012 figure. The most recent revision in 2023 set the value at Rs 8,000 per sq.ft, and the current value from 2024 is 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 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. The median value for these streets is Rs 7,100 per sq.ft, placing TNHB Mogappair West Block 5 above that median.

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

For a 1,000 sq.ft plot at the current rate of Rs 8,800 per sq.ft, the 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, totaling Rs 7,92,000. It is important to note that duty is charged on the higher of the guideline value and 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 5?

The TNHB Mogappair West Block 5 is covered by 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 further assistance.

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

The guideline value plays a crucial role in property transactions in Mugappair. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing a property. This value is set by the government and is periodically revised to reflect changes in the real estate market.

When selling a property, the guideline value also serves as a benchmark for the sale price. Buyers and sellers should be aware of the current guideline value to ensure they are making informed decisions during the transaction process.

Frequently asked questions

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

The current guideline value for TNHB Mogappair West 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 increased from Rs 505 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, reflecting an overall increase of 1643% over this period.

What is the registration office for TNHB Mogappair West Block 5?

The Konnur Sub Registrar Office covers TNHB Mogappair West Block 5, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.

How is stamp duty calculated for properties in TNHB Mogappair West Block 5?

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

What other streets have the same guideline value in Mugappair?

Other streets in Mugappair, such as TNHB Mogappair West Block 2, 3, 4, 6, 7, and 8, also have a guideline value of Rs 8,800 per sq.ft for 2024.