Guideline Value in Tamil Nadu 2026
Tamil Nadu's official government property valuation — the rate stamp duty is actually charged on (also called GLV, Circle Rate) — how to look it up for Chennai and Coimbatore, and what changed in the latest revision.
What is the guideline value?
The guideline value is the minimum value at which a property can be registered in Tamil Nadu, notified locality-by- locality by the Registration Department (Inspector General of Registration), Government of Tamil Nadu. When you register a sale deed, the sub-registrar compares your declared price against this rate and charges stamp duty on the higher of the two. Stamp duty (7%) plus registration fee is charged on the higher of the guideline value or the declared consideration.
Tamil Nadu specifics: Unusual history: Tamil Nadu is the rare state that CUT its guideline values (33% in 2017), and the attempted restoration was struck down for skipping due process. Chennai values are searchable street by street.
Check the official rate for your locality
Tamil Nadu publishes rates on TNREGINET. Select your district, area/village and property type to see the notified value per sq metre or sq ft.
Open TNREGINETServices > Guideline Value: search street-wise or survey-number-wise; current values are listed under the 'From 01-07-2024' dataset. The 01-07-2024 effective date and ~10% urban average come from multiple third-party guides referencing the TNREGINET dropdown, not an official notification directly verified; the 2017 cut and 2023 litigation are well documented.
Latest revision
Current guideline values effective from 1 July 2024. Guideline values were cut uniformly by 33% in June 2017. A March 2023 restoration of pre-cut values was litigated in the Madras High Court over the Section 47-AA process. The values now on TNREGINET date from 01-07-2024 (reported ~10% average urban increase), and the TN Budget 2025 empowered more frequent local revisions.
How stamp duty uses this rate in Tamil Nadu
Suppose you agree to buy a flat in Chennai for ₹65,00,000, but the notified government value of that flat works out to ₹70,00,000. Stamp duty is charged on ₹70,00,000 — the higher figure — at 7%, i.e. about ₹4,90,000, plus registration charges. Declaring a lower price in the deed does not reduce the duty.
The same government value also drives income tax: under Section 50C the seller's capital gains are computed as if they received at least this value, the buyer pays tax on the shortfall under Section 56(2)(x) if the price is more than 10% below it, and the buyer's 1% TDS is deducted on the higher value too. This is why lenders, buyers and sellers all check the guideline value before fixing a deal price.
Frequently asked questions
What is the guideline value in Tamil Nadu?+
It is the minimum property value fixed by the Registration Department (Inspector General of Registration), Government of Tamil Nadu for each locality, and it is the floor on which stamp duty and registration charges are computed in Tamil Nadu. The same rate is also called GLV, Circle Rate.
How do I check the guideline value for my area?+
Use the official TNREGINET portal (https://tnreginet.gov.in). Select your district, sub-registrar office or village/locality, and property type to see the notified rate. Services > Guideline Value: search street-wise or survey-number-wise; current values are listed under the 'From 01-07-2024' dataset. The 01-07-2024 effective date and ~10% urban average come from multiple third-party guides referencing the TNREGINET dropdown, not an official notification directly verified; the 2017 cut and 2023 litigation are well documented.
When was the guideline value last revised in Tamil Nadu?+
Current guideline values effective from 1 July 2024. Guideline values were cut uniformly by 33% in June 2017. A March 2023 restoration of pre-cut values was litigated in the Madras High Court over the Section 47-AA process. The values now on TNREGINET date from 01-07-2024 (reported ~10% average urban increase), and the TN Budget 2025 empowered more frequent local revisions.
What happens if I buy a property below the circle rate?+
Stamp duty is still charged on the government value — you cannot save duty by declaring a lower price. There is also an income-tax hit on both sides: if the declared price is more than 10% below the government value, Section 50C taxes the seller as if they sold at that value, and Section 56(2)(x) taxes the buyer on the difference as "income from other sources".
Is the circle rate the same as the market rate?+
No. The market rate is what buyers actually pay; the government rate is an administrative floor for duty collection. In prime areas the market price usually runs well above the government rate; occasionally (after a sharp correction) the government rate can be higher than market, which inflates the duty payable.
Sources
- TNREGINET portal
- ClearTax — TNREGINET guideline value
- King Stubb & Kasiva — Madras HC on guideline value restoration
Verified 2026-07. Rates are revised by government notification — always confirm the current notified value with the official portal or sub-registrar before a transaction.