{"id":1044395,"date":"2025-02-20T12:36:07","date_gmt":"2025-02-20T07:06:07","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=1044395"},"modified":"2026-03-24T10:13:58","modified_gmt":"2026-03-24T04:43:58","slug":"circle-rate-in-chennai-crc","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/circle-rate-in-chennai-crc","title":{"rendered":"Circle Rate in Chennai {{year}}: Area-Wise Categorization List"},"content":{"rendered":"\r\n<p><span style=\"font-weight: 400;\">Circle Rate in Chennai fixes a minimum value for properties that must be registered in the city. The Tamil Nadu government sets it, which is more popularly known as the guideline value in Chennai. These rates play a crucial role in determining stamp duty and registration charges, directly influencing property transactions across the city. Whether residential or commercial, no property can be registered below the prevailing circle rate in Chennai.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Also called the Ready Reckoner Rate, the circle rate comprises the land\u2019s value and the building constructed on it. A property can be registered at the market value only when higher than the guiding value. Circle Rate in Chennai is a dynamic benchmark. It varies based on property location and other factors. Take an in-depth look at the latest rates in this article. Read on to find the calculation process, area-wise values and other details.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\">\r\n<h2>Table of contents<\/h2>\r\n<ul>\r\n<li><a href=\"#h-current-circle-rate-in-chennai\" data-level=\"2\">Current Circle Rate in Chennai<\/a><\/li>\r\n<li><a href=\"#h-how-to-calculate-circle-rate-in-chennai\" data-level=\"2\">How to Calculate Circle Rate in Chennai?<\/a><\/li>\r\n<li><a href=\"#h-how-do-you-check-the-guideline-value-of-a-property-in-chennai\" data-level=\"2\">How Do You Check the Guideline Value of a Property in Chennai?<\/a><\/li>\r\n<li><a href=\"#h-checking-jurisdiction-details\" data-level=\"2\">Checking Jurisdiction Details<\/a><\/li>\r\n<li><a href=\"#h-significance-of-circle-rate-in-chennai\" data-level=\"2\">Significance of Circle Rate in Chennai<\/a><\/li>\r\n<li><a href=\"#h-circle-rate-in-chennai-contact-details\" data-level=\"2\">Circle Rate in Chennai: Contact Details<\/a><\/li>\r\n<li><a href=\"#h-conclusion\" data-level=\"2\">Conclusion<\/a><\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n<h2 id=\"h-current-circle-rate-in-chennai\" class=\"wp-block-heading\">Current Circle Rate in Chennai<\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The state government increased Chennai\u2019s circle rate up to 10% in July 2024. The latest revision covered 2.19 lakh streets and 4.46 crore subdivisions. Here is the latest Chennai circle rate list:\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><strong>Area<\/strong><\/td>\r\n<td><strong>Circle Rate per sq. ft.<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Alandur Road<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs. 6,100\u00a0<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Okkiyam-Thuraipakkam<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs. 6,600<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Abhiramapuram 3rd street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs 17,600<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Alikan Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Appavu Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Asakrana Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Bramin Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Dharmaraja Koli Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Eashwaran Koli Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Gandhi Market Commer<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.6,600<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">GST Road\/ Mount Road<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.11,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">GST Roadsouth Side Lawyer Jagannath Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.11,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Gurupax Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Hussain Subedar Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Ibrahim Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Jai Naiken Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Jilani Sayabu Street\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Kaji Sayabu Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Kambar Street\/ Reddy Street\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Karpaga Vinayagar Koil Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Lawyer Jagannath Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Marisan Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Market Lane<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Mathavapuram North\/ South\/ Centre\/ East\/West Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">M.K.N. Road<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.6,600<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Mukhtamji Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Nathatchupethar Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">New Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Reddy Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,500<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Sanniyasi Nara Lane<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.3,900<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Sanniyasi Subedar Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Sowri Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Subba Colony\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Thaddikara Swamy Street\u00a0<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">U.V. Samynathan Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Vembuli Subethar Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.4,400<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Vempuli Amman Koil Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Venu Reddy Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<td><span style=\"font-weight: 400;\">Yegambara Dabether Street<\/span><\/td>\r\n<td><span style=\"font-weight: 400;\">Rs.5,000<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n\r\n\r\n\r\n<h2 id=\"h-how-to-calculate-circle-rate-in-chennai\" class=\"wp-block-heading\">How to Calculate Circle Rate in Chennai?<\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The circle rate of a property in Chennai is calculated based on the following formula:\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Property Value = Circle rate of the area (per sq. m.) x Built-up area (sq . m.)<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">For example, a property with a built-up area of 1,00 sq. m. in an area with a circle rate set at Rs. 11,000 per sq. m. will have a total value of Rs. 11,00,000. (100 x 11,000)<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-how-do-you-check-the-guideline-value-of-a-property-in-chennai\" class=\"wp-block-heading\">How Do You Check the Guideline Value of a Property in Chennai?<\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Guideline values of different areas can be easily checked at the official portal of TNREGINET (Inspector General of Registration (IGRS). Take a look at the required steps below:\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p id=\"h-option-1\" class=\"wp-block-heading\"><strong>Option 1<\/strong><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\"><strong>Source:<\/strong> TNREGINET<\/span><\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><span style=\"font-weight: 400;\">Visit Tamil Nadu\u2019s registration website &#8211; <\/span><span style=\"font-weight: 400;\">https:\/\/tnreginet.gov.in\/portal\/<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">In the \u2018<\/span><span style=\"font-weight: 400;\">Guide Value Search<\/span><span style=\"font-weight: 400;\">\u2019 box, choose from \u2018<\/span><span style=\"font-weight: 400;\">Street<\/span><span style=\"font-weight: 400;\">\u2019 or \u2018<\/span><span style=\"font-weight: 400;\">Field Number\u2019<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Enter details like <\/span><span style=\"font-weight: 400;\">zone, sub registrar\u2019s office, village <\/span><span style=\"font-weight: 400;\">and <\/span><span style=\"font-weight: 400;\">street name<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Click on \u2018<\/span><span style=\"font-weight: 400;\">Submit\u2019<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">The portal will display the circle rate of the selected area on the screen.\u00a0<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p id=\"h-option-2\" class=\"wp-block-heading\"><strong>Option 2<\/strong><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\"><strong>Source:<\/strong> TNREGINET<\/span><\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><span style=\"font-weight: 400;\">Visit Tamil Nadu\u2019s registration website &#8211; <\/span><span style=\"font-weight: 400;\">https:\/\/tnreginet.gov.in\/portal\/<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Click on the \u2018<\/span><span style=\"font-weight: 400;\">Guide Value<\/span><span style=\"font-weight: 400;\">\u2019 option in the menu bar.\u00a0<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Select the desired date.\u00a0<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Choose to search by <\/span><span style=\"font-weight: 400;\">street name<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">field number <\/span><span style=\"font-weight: 400;\">or <\/span><span style=\"font-weight: 400;\">added value<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Choose \u2018<\/span><span style=\"font-weight: 400;\">Village wise<\/span><span style=\"font-weight: 400;\">\u2019 or \u2018<\/span><span style=\"font-weight: 400;\">Land Classification Board<\/span><span style=\"font-weight: 400;\">\u2019 from further options.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">The portal will showcase updated rates of the relevant areas as per the selected date.<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 id=\"h-checking-jurisdiction-details\" class=\"wp-block-heading\">Checking Jurisdiction Details<\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The TNREGINET portal also helps access one\u2019s jurisdiction details. This allows searchers who do not have complete information to check the prevailing circle rates of their areas. Follow these simple steps to check your jurisdiction details online:\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\"><strong>Source:<\/strong> TNREGINET<\/span><\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li><span style=\"font-weight: 400;\">\u00a0Visit Tamil Nadu\u2019s registration website &#8211; <\/span><span style=\"font-weight: 400;\">https:\/\/tnreginet.gov.in\/portal\/<\/span><span style=\"font-weight: 400;\">.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Go to the \u2018<\/span><span style=\"font-weight: 400;\">Help<\/span><span style=\"font-weight: 400;\">\u2019 menu, choose \u2018<\/span><span style=\"font-weight: 400;\">Web Home Application Services<\/span><span style=\"font-weight: 400;\">\u2019 and select \u2018<\/span><span style=\"font-weight: 400;\">Know Your Jurisdiction<\/span><span style=\"font-weight: 400;\">\u2019.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Enter \u2018<\/span><span style=\"font-weight: 400;\">Street Name\u2019 <\/span><span style=\"font-weight: 400;\">or \u2018<\/span><span style=\"font-weight: 400;\">Village Name<\/span><span style=\"font-weight: 400;\">\u2019.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Click on \u2018<\/span><span style=\"font-weight: 400;\">Search<\/span><span style=\"font-weight: 400;\">\u2019.<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">The complete details of your area will be displayed on the portal.\u00a0<\/span><\/li>\r\n<\/ul>\r\n\r\n<p><strong>Other Cities Circle Rate<\/strong><\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>Circle Rate in Pune<\/td>\r\n<td><a href=\"https:\/\/www.squareyards.com\/blog\/circle-rate-in-pune-crc\">Pune Circle Rate<\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Circle Circle Rate in Ahmedabad<\/td>\r\n<td><a href=\"https:\/\/www.squareyards.com\/blog\/jantri-rate-in-ahmedabad-crc\">Ahmedabad Circle Rate<\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Circle Rate in Mumbai<\/td>\r\n<td><a href=\"https:\/\/www.squareyards.com\/blog\/circle-rate-in-mumbai-crc\">Ready Reckoner Rate in Mumbai<\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Circle Rate in Bangalore<\/td>\r\n<td><a href=\"https:\/\/www.squareyards.com\/blog\/circle-rate-in-bangalore-crc\">Bangalore Circle Rate<\/a><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Circle Rate in Hyderabad<\/td>\r\n<td><a href=\"https:\/\/www.squareyards.com\/blog\/circle-rate-in-hyderabad-crc\">Hyderabad Circle Rate<\/a><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<h2 id=\"h-significance-of-circle-rate-in-chennai\" class=\"wp-block-heading\">Significance of Circle Rate in Chennai<\/h2>\r\n<!-- \/wp:heading -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Staying updated with prevailing circle rates is crucial for buying or selling properties. Take a look at how the circle rate in Chennai plays an important role in safeguarding the interests of all stakeholders:\u00a0<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:list {\"ordered\":true} -->\r\n<ol><!-- wp:list-item -->\r\n<li><span style=\"font-weight: 400;\"><strong>Planning Property Purchases:<\/strong> The total value of a property in Chennai, its stamp duty and registration charges are all based on prevailing circle rates. Knowing the latest rates thus helps buyers in the financial planning of their property purchases.\u00a0<\/span><\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li><span style=\"font-weight: 400;\"><strong>Avoids Undervaluation:<\/strong> By setting a benchmark price, Chennai\u2019s circle rate helps detect undervaluations and other fraudulent practices. It ensures that properties are competitively priced, benefitting both buyers and sellers.\u00a0<\/span><\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li><span style=\"font-weight: 400;\"><strong>Tax Implication:<\/strong> If a property is sold below the circle rate, the difference (if over \u20b950,000) is taxed as \u2018income from other sources\u2019 under Section 56(2)(VII)(B) of the Income Tax Act. This applies when the property is a capital asset, not stock-in-trade, impacting buyers and sellers.\u00a0<\/span><\/li>\r\n<!-- \/wp:list-item --><\/ol>\r\n<!-- \/wp:list -->\r\n\r\n<!-- wp:heading -->\r\n<h2 id=\"h-circle-rate-in-chennai-contact-details\" class=\"wp-block-heading\">Circle Rate in Chennai: Contact Details<\/h2>\r\n<!-- \/wp:heading -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Property buyers can easily contact the TNREGINET portal for any queries related to the circle rate in Chennai. The contact details are provided below:\u00a0<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Phone: 044-24640160<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Email: <\/span><span style=\"font-weight: 400;\">helpdesk@tnreginet[dot]net<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:heading -->\r\n<p id=\"h-latest-news\" class=\"wp-block-heading\"><strong>Latest News<\/strong><\/p>\r\n<!-- \/wp:heading -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Take a look at the latest circle rate in Chennai news below:\u00a0<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:table -->\r\n<figure class=\"wp-block-table\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<ol>\r\n<li style=\"list-style-type: none;\">\r\n<ol>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Guideline Values Increased Up to 10% in July 2024<\/span><\/li>\r\n<\/ol>\r\n<\/li>\r\n<\/ol>\r\n<span style=\"font-weight: 400;\">The Tamil Nadu government revised the circle rates for 2.19 lakh streets and 4.46 crore in the survey and subdivision numbers in July 2024. The circle rate has been revised across key areas. On Alandur Road, it increased from \u20b95,500 to \u20b96,100 per sq. ft., while in Okkiyam-Thuraipakkam, it rose from \u20b96,000 to \u20b96,600 per sq. ft. Similarly, Abhiramapuram 3rd Street saw a hike from \u20b916,000 to \u20b917,600 per sq. ft.<\/span><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/figure>\r\n<!-- \/wp:table -->\r\n\r\n<!-- wp:heading -->\r\n<h3 id=\"h-conclusion\" class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\r\n<!-- \/wp:heading -->\r\n\r\n<!-- wp:paragraph -->\r\n<p><span style=\"font-weight: 400;\">Circle Rate in Chennai is crucial in maintaining transparency in property transactions. It helps ensure fair taxation, curb undervaluation, and reduce black money dealings. These rates are regularly revised based on market conditions, impacting buyers, sellers and government revenues. Property buyers must keep track of these changes. Staying updated with the latest rates can help buyers easily navigate property costs, stamp duty payments and registration obligations.<\/span><\/p>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph -->\r\n<h2>FAQ&#8217;s about Circle Rate in Chennai<\/h2>\r\n<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:structured-content\/faq {\"title_tag\":\"h3\",\"version\":2} -->\r\n\r\n<!-- wp:structured-content\/faq-item {\"question\":\"What is the current circle rate in Chennai?\"} -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Enter your answer here\"} -->\r\n<p>The circle rate varies from one location to another in Chennai. For instance, the rate in Alandur Road is Rs. 6,100\/ sq. ft., while the same in Abhiramapuram 3rd Street is Rs. 17,600\/ sq. ft. Buyers and sellers can check the latest rates in their area on the TNREGINET portal.<\/p>\r\n<!-- \/wp:paragraph --><!-- \/wp:structured-content\/faq-item -->\r\n\r\n<!-- wp:structured-content\/faq-item {\"question\":\"Can a property be purchased below the circle rate in Chennai?\"} -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Enter your answer here\"} -->\r\n<p>No, a property cannot be legally registered below the prevailing circle rate in Chennai. The Tamil Nadu government states that property transactions must meet or exceed the set guideline value. Undervaluation may lead to reassessment, additional stamp duty, and potential tax liabilities.<\/p>\r\n<!-- \/wp:paragraph --><!-- \/wp:structured-content\/faq-item -->\r\n\r\n<!-- wp:structured-content\/faq-item {\"question\":\"What is the process of property mutation in Chennai?\"} -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Enter your answer here\"} -->\r\n<p>One can apply through the Greater Chennai Corporation (GCC) office or the TNREGINET portal for property mutation in Chennai. Ownership records will be updated after successful document submission, verification and fee payment.<\/p>\r\n<!-- \/wp:paragraph --><!-- \/wp:structured-content\/faq-item --><!-- \/wp:structured-content\/faq -->","protected":false},"excerpt":{"rendered":"<p>Circle Rate in Chennai fixes a minimum value for properties that must be registered in the city. The Tamil Nadu government sets it, which is more popularly known as the guideline value in Chennai. These rates play a crucial role in determining stamp duty and registration charges, directly influencing property transactions across the city. Whether [&hellip;]<\/p>\n","protected":false},"author":110,"featured_media":1044397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[226],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1044395"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=1044395"}],"version-history":[{"count":10,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1044395\/revisions"}],"predecessor-version":[{"id":1084918,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1044395\/revisions\/1084918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/1044397"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=1044395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=1044395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}