1. Understanding Guideline Value vs. Market Value
- Guideline Value: Set by the Tamil Nadu Registration Department, this is the minimum rate at which properties can be registered in a specific area. It’s accessible via the
- Market Value: Reflects the actual price a property can command in the open market, influenced by factors like location, demand, and amenities. Often, the market value exceeds the guideline value, especially in rapidly developing areas.
2. Methods to Estimate Market Value
- Comparative Market Analysis: Review recent sales of similar properties in the vicinity to gauge prevailing rates.
- Consult Real Estate Professionals: Engage with local agents or property consultants who have insights into current market trends.
- Online Valuation Tools: Utilize platforms that offer property valuation services by inputting specific details of the land.
3. Steps to Check Guideline Value Online
- Visit
- Navigate to the “Guideline Value” section under E-Services.
- Enter details like zone, sub-registrar office, village, and street name or survey number.
- The system will display the guideline value per square foot or acre for the specified location.