Guideline Value

Corporate

Guideline Value for TNHB Mogappair West Block 7

₹8800/sq.ft.

The guideline value for Tnhb Mogappair West Block 7 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 7

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TNHB Mogappair West Block 7 guideline value

The current guideline value of TNHB Mogappair West Block 7 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 7 has changed

The guideline value for TNHB Mogappair West Block 7 has seen several revisions over the years. The earliest recorded figure is from 2002, where the value was Rs 491 per sq.ft. This increased to Rs 539 per sq.ft in 2003, marking a 10% rise. The value continued to rise significantly, reaching Rs 2,000 per sq.ft in 2007, which was a 271% increase from the previous figure. In 2012, the value was recorded at Rs 8,000 per sq.ft, reflecting a substantial 300% increase from 2007. However, it decreased by 33% to Rs 5,360 per sq.ft in 2017.

From 2017 to 2023, the guideline value rose sharply by 49% to Rs 8,000 per sq.ft. The most recent revision in 2024 has set the value at Rs 8,800 per sq.ft, which is a 10% increase from the previous year. 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 value for these streets is Rs 7,100 per sq.ft, placing TNHB Mogappair West Block 7 above this median.

Stamp duty and registration fee for property in TNHB Mogappair West Block 7

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, making the total amount for these fees 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 detailed calculations.

Which Sub Registrar Office covers TNHB Mogappair West Block 7?

The TNHB Mogappair West Block 7 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 information.

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

The guideline value is a critical 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 duties and fees, ensuring that the transaction complies with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of TNHB Mogappair West Block 7?

The current guideline value of TNHB Mogappair West Block 7 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 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 streets in Mugappair is Rs 7,100 per sq.ft, with TNHB Mogappair West Block 7 being above this median.

What are the stamp duty and registration fees for TNHB Mogappair West Block 7?

For a 1,000 sq.ft plot, the total guideline value is Rs 88,00,000, resulting in a stamp duty of Rs 6,16,000 and a registration fee of Rs 1,76,000, totaling Rs 7,92,000.

Which office handles the registration for TNHB Mogappair West Block 7?

The Konnur Sub Registrar Office handles the registration for TNHB Mogappair West Block 7, located at Villivakkam Panchayat, Union Office Complex, Dunlop Bus Stop, Ambattur, Chennai.