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Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 6

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West 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 ₹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 6

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TNHB Mogappair West Block 6 guideline value

The current guideline value for TNHB Mogappair West Block 6 is Rs 8,800 per sq.ft, effective from 1 July 2024. This property is located in Mugappair village and falls under the Konnur SRO. The land classification for this area is Commercial Class I Type - I.

How the guideline value of TNHB Mogappair West Block 6 has changed

The guideline value for TNHB Mogappair West Block 6 has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 491 per sq.ft. In 2003, it increased to Rs 539 per sq.ft, marking a 10% rise. The value then significantly jumped to Rs 2,000 per sq.ft in 2007, reflecting a 271% increase. The next revision in 2012 saw a decrease to Rs 8,000 per sq.ft, which was a drop of 300% from the previous figure.

In 2017, the guideline value rose to Rs 5,360 per sq.ft, indicating a 49% increase. The most recent revisions include Rs 8,000 per sq.ft in 2023, followed by the current value of Rs 8,800 per sq.ft in 2024, which is a 10% increase. Overall, from 2002 to 2024, the guideline value has increased by 1692%.

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, placing TNHB Mogappair West Block 6 above this median.

Stamp duty and registration fee for property in TNHB Mogappair West 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 is charged at 7%, which totals Rs 6,16,000, while the registration fee is 2%, amounting to Rs 1,76,000. Together, the total cost for stamp duty and registration fee is Rs 7,92,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers TNHB Mogappair West Block 6?

The TNHB Mogappair West Block 6 is covered by the Konnur Sub Registrar Office. The address is Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai, Chennai registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during the registration of property transactions in Mugappair. It serves as a benchmark for determining the minimum value at which properties must be registered, ensuring that the registration fees and stamp duties are calculated based on this value.

When buying or selling property, it is essential to understand that the guideline value is used to assess the financial obligations associated with the transaction. This means that buyers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

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

The current guideline value for TNHB Mogappair West Block 6 is Rs 8,800 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased significantly from Rs 491 per sq.ft in 2002 to Rs 8,800 per sq.ft in 2024, representing an overall increase of 1692%.

What is the median guideline value for streets in Mugappair?

The median guideline value for the 224 streets in Mugappair under the Konnur SRO is Rs 7,100 per sq.ft, with TNHB Mogappair West Block 6 being above this median.

What are the stamp duty and registration fees for TNHB Mogappair West Block 6?

For a 1,000 sq.ft plot, the total stamp duty and registration fee amounts to Rs 7,92,000, based on the current guideline value of Rs 8,800 per sq.ft.

Which office handles the registration for TNHB Mogappair West Block 6?

The registration for TNHB Mogappair West Block 6 is handled by the Konnur Sub Registrar Office, located at Sub Register Office, Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.