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           26 April, 2024
 
    
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Guideline Value

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Tamil Nadu guideline value is the value of the land as determined by the Tamil Nadu government, based on its own metrics of facilities and infrastructure growth in that locality. Tamil Nadu has a minimum guideline value of Rs.10 per sqft to a maximum of Rs.23500 per sqft. Guideline Values are revised periodically to have them in sync with the market value. Guideline Values in respect of all areas in Tamil Nadu have been revised with effect from 1-4-2012, before the guideline values was revised in 2009 and 2007.

Guideline Value helps to determine the associated costs pertain to property registration such as such stamp duty fees, registration fee etc. Guideline Value is defined in two categories – land value (for land only) and composite value (for land and buildings – this includes construction cost and associated taxes for buildings).

Tamil Nadu registration department has 8 Zones which encompasses of 194 Taluks, 32 Revenue District, 4521 Villages with 198686 streets. Among all the zones Chennai is the largest zones which has 31% of the total streets of Tamil Nadu. Tamil Nadu has 480 sub registrar office through which any property including land,house etc in Tamil Nadu can be registered.

Tamil Nadu has different types of property and residential classes, and charges against the property and residential classes, can be obtained by applying encumbrance certificate. Also now one can also apply encumbrance certificate through online. It is proficient to get encumbrance certificate before you decide to buy any property i.e land,house etc, since it secures your investment in property or land.
URL: http://localitydetails.com/tamil-nadu-guideline-value
Location: India - tamil nadu
Address: chennai
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Description: Business, Real Estate - Guideline Value. Tamil Nadu guideline value is the value of the land as determined by the Tamil Nadu government, based on its own metrics of facilities and infrastructure growth in that locality.
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