In Tamil Nadu, the TNREGINET portal enables users to check the TNREGINET guideline value, also known as the Tamil Nadu guideline value. This value is the minimum rate set by the state government, below which properties cannot be registered during a sale or title transfer in a specific area. If you are considering purchasing property in Tamil Nadu, this guide will help you understand the TNREGINET portal, the Tamil Nadu guideline value, how to calculate building value using the portal, and the applicable land registration fees.
With TNREGINET, the once complex and time-consuming process of property transactions has been streamlined into an efficient online platform. Gone are the days of tedious paperwork and long waiting times at government offices. Now, stakeholders can conduct property transactions from the comfort of their homes or offices, saving valuable time and resources. This digital transformation not only enhances convenience but also promotes transparency and accountability in real estate dealings.
What is TNREGINET guideline value?
The TNREGINET guideline value is the minimum property value fixed by the Tamil Nadu state government for a specific area, below which a property cannot be registered during a sale or transfer of ownership. This value, also referred to as the Tamil Nadu guideline value, ensures transparency in property transactions and helps prevent undervaluation that could lead to tax evasion or disputes. The TNREGINET portal provides easy access to check this guideline value online, allowing buyers, sellers, and investors to verify property rates before completing a transaction. The guideline value is used to calculate stamp duty and registration fees, making it an essential reference for property dealings. By consulting the TNREGINET guideline value, property buyers can make informed decisions, sellers can price their property accurately, and banks can assess loan eligibility, ensuring smooth, legally compliant, and fair transactions across Tamil Nadu.
TNREGINET Overview
The TNREGINET portal is an official online platform managed by the Registration Department of Tamil Nadu. It provides citizens with easy access to land and property services such as Tamil Nadu land valuation, guide value lookup, stamp duty calculation, and building value assessment. The portal also offers other essential services like a certificate of inheritance, marriage registration, and birth or death certification, ensuring transparency and efficiency in property transactions.
Portal |
TNREGINET portal |
State |
Tamil Nadu |
Department |
Registration Department, Tamil Nadu |
Services |
Guide value, stamp duty calculation, building value calculation, certificate of inheritance, marriage registration, birth and death certificate |
Eligibility |
Citizens of Tamil Nadu |
Website |
https://tnreginet.gov.in/portal/ |
Helpline number |
9498452110, 9498452120, 9498452130 |
TNREGINET: The gateway to property transactions
TNREGINET, the Tamil Nadu Registration Department's online portal, stands as a testament to technological advancement in real estate. This platform streamlines property transactions, offering updated details such as Tamil Nadu government property rates, making the process more transparent, efficient, and accessible to all stakeholders. Gone are the days of long queues and cumbersome paperwork; TNREGINET brings convenience to the forefront.
Deciphering guideline value
At the heart of TNREGINET lies the concept of Tamil Nadu land valuation, a pivotal factor in property transactions. This valuation, also referred to as the guideline or market value of a property, forms the basis for determining stamp duty and registration charges. Understanding this value is crucial for both buyers and sellers to ensure fair, transparent, and legally compliant transactions.
Tamil Nadu Stamp Duty and Registration Charges
Stamp duty and registration fees in Tamil Nadu are governed by the Registration Department and are essential components of Tamil Nadu property registration. These charges vary based on the type of document executed.
Category of document |
Stamp duty |
Registration fee |
Sale deed |
7% on the market value of the property |
4% on the market value of property |
Gift deed |
7% on the market value of the property |
4% on the market value of the property |
Exchange deed |
7% on the market value of the greater value |
4% on the market value of the greater value |
Simple mortgage deed |
1% (on the loan amount) subject to a maximum of Rs 40,000 |
1% on loan amount subject to a maximum of Rs 10,000 |
Mortgage with possession deed |
4% on loan amount |
1% subject to the maximum of Rs 2,00,000 |
Agreement to sale |
Rs 20 |
1% on the money advanced (1% on total consideration if possession is given) |
Agreement relating to construction of a building |
1% on the cost of the proposed construction or the value of construction or the consideration specified in the agreement, whichever is higher |
1% on the cost of the proposed construction or the value of construction or the consideration specified in the agreement, whichever is higher |
Cancellation deed |
Rs 50 |
Rs 50 |
Partition deedPartition deeds legally divide property shares between owners. They ensure each party’s ownership is documented and registered, avoiding future disputes and maintaining transparency in ownership distribution. |
||
I) Partition among family members |
1% on the market value of the property subject to a maximum of Rs 25,000 for each share |
1% subject to a maximum of Rs 4,000 for each share. |
II) Partition among non-family members |
4% on the market value of the property for separated shares |
1% on the market value of the property for separated shares |
Power of attorneyPower of attorney documents authorise another person to act on one’s behalf in property or financial matters. They are commonly used during sale, management, or representation processes. |
||
I) General power of attorney to sell an immovable property |
Rs 100 |
Rs 10,000 |
II) General power of attorney to sell an immovable property (Power is given to a family member) |
Rs 100 |
Rs 1,000 |
III) General power of attorney to sell the movable property & for other purposes |
Rs 100 |
Rs 50 |
IV) General power of attorney given for consideration |
4% on consideration |
1% on consideration or Rs 10,000, whichever is higher |
Settlement deedSettlement deeds are executed to transfer property ownership permanently, often within families. They simplify inheritance distribution and prevent future legal issues by establishing clear ownership rights. |
||
I) In favour of family members |
1% on the market value of the property but not exceeding Rs 25,000 |
1% on the market value of the property, subject to a maximum of Rs 4,000/- |
II) Other cases |
7% on the market value of the property |
4% on the market value of the property |
Partnership deedA partnership deed outlines the terms between business partners, including capital, profit-sharing, and responsibilities. It ensures legal clarity, transparency, and protection for all parties involved. |
||
I) Where the capital doesn’t exceed Rs 500 |
Rs 50 |
1% on the capital invested |
II) Other cases |
Rs 300 |
1% on the capital invested |
Memorandum of deposit of title deeds |
0.5% on the loan amount, subject to a maximum of Rs 30,000 |
1% on the loan amount, subject to a maximum of Rs 6,000 |
Release deedA release deed allows one co-owner to surrender their share of a property to another. It formalises mutual consent and prevents ownership conflicts through proper legal documentation. |
||
I) Release among family members (coparceners) |
1% on the market value of the property, but not exceeding Rs 25,000 |
1% on the market value of the property, subject to a maximum of Rs 4,000 |
II) Release among non-family members (co-owner and benami release) |
7% on the market value of the property |
1% on the market value of the property |
LeaseLease deeds define the terms of property rental between the owner and tenant. They specify duration, rent, and rights, ensuring lawful use and protection for both parties. |
||
Lease below 30 years |
1% on the total amount of rent, premium, fine, etc. |
1%, subject to a maximum of Rs 20,000 |
Lease up to 99 years |
4% on the total amount of rent, premium, fine, etc. |
1%, subject to a maximum of Rs 20,000 |
Lease above 99 years or perpetual lease |
7% on the total amount of rent, fine, premium of advance, if any |
1%, subject to a maximum of Rs 20,000 |
Declaration of trust (if a property is there, it would be considered as a sale) |
Rs 180 |
|
Factors affecting TNREGINET guideline value calculation
Several factors influence how guideline values are determined under TNREGINET. These include the property’s location, size, usage type, available infrastructure, and development potential:
- Location: The guideline value varies based on the locality, with prime areas commanding higher values compared to rural or less developed regions.
- Property type: Different types of properties, such as residential, commercial, agricultural, and industrial, have distinct guideline values determined by their utility and demand.
- Property size and dimension: Larger properties typically have higher guideline values, while irregularly shaped or smaller plots may be valued lower.
- Infrastructure and amenities: Proximity to essential amenities like schools, hospitals, transportation hubs, and commercial centers can influence guideline values significantly.
- Development potential: Areas undergoing rapid development or infrastructure projects tend to experience an increase in guideline values due to enhanced accessibility and desirability.
How to check Tamil Nadu land guideline value?
The TNREGINET portal allows users to check government-assessed property values online. By selecting the district, taluk, and entering property details, you can instantly view the official guideline value, estimate stamp duty and registration charges, and even download the valuation certificate for record-keeping or transaction purposes. Here’s how:
- Visit TNREGINET portal: Open the official TNREGINET website to access Tamil Nadu land records and guideline value services.
- Select “Guideline Value” option: On the homepage, navigate to the section dedicated to property or guideline values.
- Choose district and taluk: Select the relevant district and taluk where the property is located to narrow down the search.
- Enter property details: Provide required details such as survey number, property type, and locality to get accurate results.
- View guideline value: The portal will display the minimum property value fixed by the government for that area.
- Calculate stamp duty and registration fees: Use the guideline value to estimate applicable taxes and fees for the property transaction.
- Download/ print certificate: For record-keeping, you can download or print the guideline value certificate directly from the portal.
How to check jurisdiction for guideline value?
You can easily verify the registration jurisdiction and guideline value of any property in Tamil Nadu through the TNREGINET portal by following these simple steps:
- Visit the TNREGINET portal: Go to the official TNREGINET website, the online platform for property registration and guideline value services in Tamil Nadu.
- Login or register: Create an account if you are a new user, or log in using existing credentials to access property-related services.
- Select “Guideline Value” section: Navigate to the guideline value or property valuation section to check the required details.
- Enter property details: Provide information such as district, taluk, village, and survey number to locate the specific property.
- Check jurisdiction: The portal will display the jurisdiction under which the property falls, helping determine applicable registration authority and legal processes.
- View guideline value: Once jurisdiction is confirmed, you can view the guideline value, which is used for stamp duty and registration calculations.
- Download or print: For future reference, download or print the jurisdiction and guideline value details.
How to calculate TNREGINET guideline value online
Calculating TNREGINET guideline value online involves accessing the official TNREGINET portal and following these steps:
- Visit TNREGINET portal: Navigate to the TNREGINET website and select the option for "Know Your Guideline Value."
- Enter property details: Input the required information, including district, locality, street name, survey number, and property type.
- View guideline value: Once the details are submitted, the portal generates the guideline value for the specified property, providing insight into the minimum valuation for stamp duty and registration purposes.
Navigating property registrations
TNREGINET simplifies the property registration process, allowing individuals to register their properties online seamlessly. From application submission to document verification, every step is digitised, minimising errors and delays. Moreover, the platform provides access to important records such as the encumbrance certificate Tamil Nadu, along with features like e-signatures and online payment options, further enhancing convenience and transparency.
Importance of TNREGINET guideline value in property transactions
The TNREGINET guideline value plays a crucial role in ensuring fair, transparent, and legally compliant property transactions across Tamil Nadu. Here’s why it matters:
- Legal compliance: TNREGINET guideline value serves as the minimum valuation for stamp duty and registration charges, ensuring compliance with legal requirements during property transactions.
- Fair pricing: It provides a standardised reference point for determining fair market value, preventing overvaluation or undervaluation of properties and promoting transparency in transactions.
- Financial planning: Buyers and sellers use guideline values as a basis for financial planning, assessing affordability, loan eligibility, and potential returns on investment.
- Taxation: Local authorities utilise guideline values to levy property tax, making it crucial for property owners to accurately assess their tax liabilities.
Difference between property guideline value and market values
While both represent a property’s worth, guideline values and market values differ in purpose and impact on transactions. Key differences include:
- Financial implications: Discrepancies between guideline values and market values can affect property transactions, leading to disputes, delays, or financial losses for buyers and sellers.
- Taxation challenges: Property owners may face challenges in reconciling guideline values with actual market values, impacting their tax liabilities and compliance with regulatory requirements.
- Market perception: Significant disparities between guideline values and market values may raise concerns about the accuracy and relevance of guideline value assessments, affecting investor confidence and market perceptions.
- Policy considerations: Discrepancies highlight the need for periodic reassessment and recalibration of guideline values to reflect changing market dynamics, economic conditions, and infrastructure developments.
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State Wise Property Tax
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