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How to check guideline value?

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1 2021-10-29T17:56:59+00:00
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Hi friend,

If you are planning to buy a home or land in Tamil Nadu, then checking the property guideline value is a must. Land guideline value is the approximate market price of property or land as stated by the govt. The property sale can’t take place below the guidance value mentioned by the govt. Read below to know how to check guideline value Tamil Nadu.

How To Check Guideline Value in Tamil Nadu
  • Visit the official online portal of the Registration Department to know the Tamil Nadu land guideline value.

(

https://tnreginet.gov.in/portal/

)

  • You’ll see one of the tabs is of ‘Guideline Value’.

  • Enter details like zone, sub-registrar office, village, etc., and fill in the survey or street number.

  • Click on the “Submit” button

  • After that, details of the Tamil Nadu guideline value including sub-registrar office, street name, village name, guideline value, and property classification will appear on the screen.

I hope now you know how to check the TN land guideline value.

Generally, the property guideline value indicates the property’s actual market value. Despite that, in most cases, the guideline value is less than the market value of the land. But in some cases, the market value is more than the government guideline value.

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I hope you like my answer on how to check guideline value Tamil Nadu.

0 2022-05-09T10:37:42+00:00

Many people have misconceptions about the field of real estate. They assume property can be bought and sold for any price they wish. To make sure the interest of people is being considered. State governments all over the country have set a guideline value for land and property alike. Take a look at my answer to know methods on how to know guideline value in Tamil Nadu.

 Meaning :

Guidance value is a fixed -minimum value at which a property can be sold. Here, Land = the cost of buying or acquiring a piece of land.Gross Development Value (GDV) = Projected final capital value which is calculated while selling property at a specific time.

 

How to check guideline value for land ?

The government of Tamil Nadu has set guideline value for land as well as constructed property. The value of land is calculated according to the available land area. This excludes any constructed or under-construction property. The Commercial Taxes and Registration Department of the Tamil Nadu Government holds information about Land Guideline Values.

  • You can find the Guideline value of any plot on the official website. The link for which is https://tnreginet.gov.in/portal/webHP?requestType=ApplicationRH&actionVal=homePage&screenId=114&UserLocaleID=en&_csrf=ed8ff27b-df22-42be-9814-eebf15adc295

  •  You will have to select the 'Guideline Value' option from the homepage. 

  •  The guideline value of all plots and properties for the current year and previous year will be displayed.

    Advantage :

The minimum assured value for a property being sold will be mentioned online. 

This also helps remove any fraudulent behaviour or scam related to selling plots in Tamil Nadu. 

Now that I have shared with you how to check property & land guideline value online. I will tell you what to do in case of a problem. If needed you should contact the Deputy Inspector General of Registration in Tamil Nadu to call authorities to escalate the matter. The phone numbers are 044-24640160/ 044-24642774.

 

This is all from my end on how to know guideline value in Tamil Nadu. 

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