Guideline Value in Chennai: Meaning, Importance and Steps to Check

The property guideline value in Chennai is a must if you want to purchase a house or land in Chennai. The guideline value in Chennai can be easily accessed via the online portal of the registration department of Tamil Nadu. It is essential to check the guideline value, as property purchase is impossible without the guideline value of the property in Chennai. It is one of the most significant factors while registering property and buying stamps. The guideline value depends on the street number and survey number of the area. External costs are also added to the guideline value to determine the property's value. 

Guideline Value: A Quick Info 2025

Guideline Value, the circle rate or ready reckoner rate, is the minimum value the state government sets for property transactions. It is the base rate for calculating stamp duty and registration charges during property registration.

Information	Details
State	Tamil Nadu
Online portal	https://tnreginet.gov.in/portal/
Department	Registration Department, Tamil Nadu
Minimum guideline value	₹1,000 per square foot
Eligibility	Citizens of Tamil Nadu
Office address	No. 100, Santhome High Road, Chennai - 600028, Tamil Nadu
Helpline number	9498452110, 9898452120

What is Guideline Value?

The land guideline value is the approximate market price of land or property as stated by the Government. The property sale cannot occur below the guidance value stated by the government. If the provided conditions are ideal, then the guideline value of the property indicates the actual market value of the property. Despite that, in most cases, the guideline value is less than the market value of the land. But sometimes, the market value tends to be more than the government guideline value. 

The state's governing authority is authorised to set the guideline value for all parts of the state. Well-established properties are provided with street-based land guideline values. In not-so-well-established properties, the government guideline value is fixed differently from that of the former. For this, the value is calculated with the help of the property survey number. The cooperation guideline value also helps prevent the exploitation of the stamp duty. Stamp duty is the guideline value expressed in the form of a percentage. If the market value is higher than the guidance value, then the market value in the form of a percentage is taken as the stamp duty. Guideline value is expressed in terms of Rs. per square feet or Rs. per acre. The units' square feet are used for land in urban cities, whereas for agricultural land, the unit acre is preferred.

How Guideline Value Affects Property Buying in Chennai

In Chennai, the guideline value plays a key role in property buying. Here is how the guideline value affects property buying in Chennai: 

1. Stamp duty & registration charges might increase or decrease
2. Budget planning gets affected
3. Loan eligibility may be impacted
4. Reduces scope for under-reporting
5. Affects property resale value
6. Government revisions affect market trends

Why is Guideline Value Important?

Guideline value is important as it is the minimum value at which property can be bought or sold. Therefore, there will be a minimum assured value that you'll get while selling your property. It is an important factor while purchasing or selling property. Guideline values serve as one of the main sources by which the state generates revenue. More registrations result in a higher revenue collection. A well-developed area has a higher guideline value and a poorly developed property or area, has a lesser guideline value. 

Guidance value is set by The Stamps and Registration Department of any state. The registration value is determined by the guideline value. You have to register the property's sale value as the guideline value even when it is bought at a lower value. In the case of the property being bought at a higher value, than the guidance value, it is registered in terms of the market value. It also aids in preventing the undervaluation or overvaluation of property.

How to Check Guidance Value in Chennai Online?

The guideline value in Chennai is available online. A particular place’s value depends on the locality's street number or survey number. It also depends on the development of the locality. As stated previously, more developed localities have a higher guidance value. Here is how to find the guidance value in Chennai: 

Step 1:

Go to the Registration Department's official website i.e. https://tnreginet.gov.in/portal/ .

Step 2:

Click on the guideline value tab. Choose Chennai as the zone. 

Step 3:

Fill in the required details which are street number or survey number. Choose your preferred Sub Registrar Office, village and street name. You can search by:

Pin Code

Street Name

Survey Number

Village/Taluk

Step 4:

Click on the search option, and the street details will be shown on the screen. Other services, such as calculating binding value, creating documents like abstract draft deeds, and issuing an encumbrance certificate, can also be found here.The value of your property can easily be calculated using a guideline value in Chennai. After checking the guideline value using the given steps, find the market value of the property. Compare the market value of your property with the government guideline value, and you can check the value of your property.

Tamil Nadu Land Guideline Value: Guideline Value of Land in Chennai Zones Wise

Areas in North Zone

ICF Colony, Anna Nagar East, Anna Nagar West Extn, Chennai High Court Bldgs, Jawahar Nagar, Kodungaiyur, Kolathur, Madhavaram, Madhavaram Milk Colony, Manali New Town, N. Chennai Thermal Power Project, Perambur Barracks, Pozhal, Railway Car Shed Complex Avadi, Red Hills, Royapuram, Sholavaram, Sowcarpet, Tiruvottiyur, Tondiarpet, Vyasarpadi, Washermanpet, Ennore Thermal Station, Manali.

Area	Min Price	Max Price
Anna Nagar East	1250	2200
Anna Nagar West Extn	1250	1750
ICF Colony	900	1500
Jawahar Nagar	900	1300
Kodungaiyur	800	1200
Kolathur	750	1500
Madhavaram	900	1200
Madhavaram Milk Colony	750	1000
Manali	700	900
Manali New Town	700	900
Perambur Barracks	900	1300
Pozhal	700	1000
Red Hills	700	1000
Royapuram	900	1200
Sholavaram	700	900
Tiruvottiyur	900	1200
Tondiarpet	1000	1500
Vyasarpadi	900	1500
Washermanpet	1000	1350

Areas in the South Zone

Adambakkam, Anakaputhur, Ashok Nagar, Besant Nagar, Chitlapakkam, Guindy Industrial Estate, IIT, K.K. Nagar, Kodambakkam, Madipakkam, Meenambakkam, Nandambakkam, Nandanam, Nanganallur, Old Pallavaram, Pallavaram, Pazhavanthangal, Polichalur, Raja Annamalaipuram, Saidapet, Satyamurthi Nagar, Sholinganallur, Sidco Estate, Srinivasa Nagar, Tambaram East, Teynampet, Thyagaraya Nagar, Vandalur, Virugambakkam, Adyar, Chromepet, Kotturpuram, Mylapore HO, Pammal, Perungudi, Raj Bhavan, Selaiyur,St. Thomas Mount, Tambaram HO, Tambaram IAF, Tambaram Sanatorium, Tiruvanmiyur, TTTI Taramani, Velacheri, West Mambalam.

Area	Min Price	Max Price
Adambakkam	900	1100
Adyar	1500	2200
Ashok Nagar	1200	2000
Besant Nagar	1800	2800
Chitlapakkam	700	1000
Chromepet	800	1200
Guindy Industrial Estate	1000	1800
K.K. Nagar	1500	2400
Kodambakkam	1000	1800
Kotturpuram	1150	2000
Madipakkam	650	1000
Meenambakkam	1200	1400
Mylapore HO	1500	3500
Nandambakkam	900	1200
Nandanam	1800	2500
Nanganallur	750	1250
Old Pallavaram	750	1250
Pallavaram	750	1200
Pammal	600	900
Pazhavanthangal	800	1000
Raja Annamalaipuram	2000	3200
Saidapet	850	1200
Selaiyur	850	1000
St. Thomas Mount	1200	1400
Tambaram East	1000	1500
Tambaram HO	850	1200
Tambaram IAF	800	1200
Tambaram Sanatorium	700	800
Teynampet	900	1100
Tiruvanmiyur	850	1500
TTTI Taramani	900	1200
Velacheri	850	1350
Virugambakkam	850	-
West Mambalam	1200	1800

Areas in the Central Zone

Anna Road HO, Broadway, Chennai GPO, Chetpet, Choolaimedu, Egmore, Flowers Road, Fort St. George, Gopalapuram, Greams Road, Kilpauk, Nungambakkam, Park Town HO, Royapettah, Tiruvallikeni, Vepery.

Areas in the West Zone

Alwarthirunagar, Ambattur HO, Ambattur Industrial Estate, Aminjikarai, Anna Nagar, Arumbakkam, Avadi Camp HO, Avadi IAF, Ayanavaram, CRP Camp Avadi, Korattur, Korattur R.S, Koyambedu, Kunnathur, Padi, Pattabiram, Poonamallee, Porur, Saligramam, Shenoy Nagar, Tiruverkadu, Vadapalani, Villivakkam.

Difference Between Guideline Value and Market Value?

Guideline and market values are essential benchmarks used in real estate transactions, especially for property registration and taxation. 

Aspect	Guideline Value	Market Value
Definition	The minimum value fixed by the government for property registration in a locality.	The actual price a buyer is willing to pay and a seller is willing to accept in the open market.
Set by	State government	Determined by market forces
Purpose	Used to calculate stamp duty and registration charges during property transactions	Reflects the real-time value of property in the resale or open market.
Updated	It is updated periodically	It is updated based on the area's trends, infrastructure, and development.
Negotiable	It is not negotiable.	Yes, it is subject to negotiation between the buyer and the seller.

Impact of Guideline Value on Stamp Duty & Registration

The guideline value directly affects how much you pay in stamp duty and registration charges when buying a property. In states like Tamil Nadu, where stamp duty is 7% and registration fee is 4%, your total registration cost is calculated based on either the sale value or the guideline value, whichever is higher. 

How Registration Cost is Calculated

• Stamp Duty = 7% of property value
• Registration Fee = 4% of property value
• Total Registration Charges = 11% of property value

Example: 

Details	Amount (₹)
Sale Price	60,00,000
Guideline Value	50,00,000
Taxed On	60,00,000
Stamp Duty (7%)	4,20,000
Registration Fee (4%)	2,40,000
Total Charges	6,60,000

Can You Register Property Below the Guideline Value?

No, you cannot register a property below the guideline value in Chennai. As per the rules set by the Tamil Nadu Registration Department, the stamp duty and registration charges are calculated based on the higher of either the actual sale consideration or the guideline value of the property.

How Often is the Guideline Value Updated in Chennai?

The Tamil Nadu government typically periodically issues guideline values, also known as circle rates in Chennai, usually every 2-3 years. 

How to Request a Reassessment or Raise an Objection?

Here is how to request a reassessment or raise an objection: 

1. If you find that the guideline value of a property is higher than the actual market value, you can request a reassessment or object with the local Sub-Registrar office. 

2. Visit the Sub-Registrar's office and fill in the application form.

3. Submit the application form along with the required documents. 

4. The Sub-Registrar will verify the documents, inspect property details, and forward your application to the District Registrar. 

5. A valuation officer will visit the property for verification. 

6. If found valid, the guideline value may be reassessed, or you may be allowed to register at the declared market value with supporting proof.

Documents required: 

• Application letter
• Copy of the sale deed
• Encumbrance certificate
• Government ID, address proof
• Last property tax receipt

Latest Update on Guideline Value in Chennai

The government usually increases the threshold guideline value every year. In Chennai, the govt guideline value of Tamil Nadu has dropped by 33.33%. The registration fee has been changed from 1% to 4%. Along with this, the stamp duty has been changed to 8%. 

That means that the cost of acquiring property is higher than before, and the seller will benefit rather than the buyer. There is a wide range of guideline values in Chennai. It starts from as low as ₹40 per square foot and goes as high as ₹23,500 per square feet. 

In Tamil Nadu, Chennai holds the first position for having the highest guideline value, which is ₹23,500 per square foot. Chennai has the largest number of streets, accounting for about 31.7% of the streets present in Tamil Nadu.

Of late, the government of Tamil Nadu has introduced a state shelter fund to rehabilitate the poverty-stricken population of urban areas. Properties with an area over 3,000 square meters have to pay shelter charges of 1% to 3% in accordance with the guideline value of their property per square meter.

Property ownership in Chennai and several older municipal areas across Tamil Nadu has become costlier following the government's decision to hike land guideline values by 10%, effective July 1, 2024. This revision impacts numerous localities in Chennai as well as major cities like Alandur, Salem, Trichy, and Vellore.

Read: Trending Localities to Invest in Chennai

Reduced Registration Charges on Joint Venture Projects

To influence more people to buy properties and increase registrations, the Tamil Nadu finance department proposes decreasing the registration charges on JV (Joint Venture) projects. A joint venture is a usual method of combining the assets and expertise of two otherwise unconnected companies. It forms the majority of commercial development under the state. This new plan will change the guideline value in Chennai for joint ventures from 11% to 2%. With this, more joint venture programs will be registered, bringing more revenue to the state.

To influence more people to buy properties and increase registrations, the Tamil Nadu finance department proposes decreasing the registration charges on JV (Joint Venture) projects. A joint venture is a usual method of combining the assets and expertise of two otherwise unconnected companies. It forms the majority of commercial development under the state. This new plan will change the guideline value in Chennai for joint ventures from 11% to 2%. With this, more joint venture programs will be registered, bringing more revenue to the state.

The knowledge of the guideline value in Chennai is required to buy a new property in Chennai or any other place. As a metropolitan city, Chennai has a wide array of guideline values. Guideline values in Chennai are present on the official online portal of the Tamil Nadu government, where you can search and compare different guideline values in Chennai for other areas. With these values, you can be assured that your property will never be undervalued. The government of Tamil Nadu has introduced new guideline values with a 1 to 3% shelter fund value as a rehabilitation program for the poor people in urban areas. 

Get Legal Expert Help from NoBroker 

You must be extremely careful about legal issues and paperwork; even the slightest mistake could mean a huge loss. Get the right guideline value before you sell your property, and buyers ask for the right paperwork to check the same. The best way to avoid such mistakes is to get a team of professionals to assist you. At NoBroker, our experts will guide you and ensure your paperwork is perfect. Click the link below to know more about NoBroker Legal Services. You can even drop us a comment below with any questions, and we’ll be happy to help.

FAQ's