Is guideline value the market price of property?

No. Tamil Nadu's guideline register assists registration authorities in assessing whether market value has been properly stated. The applicable rules expressly say guideline entries cannot substitute for market price. A property's negotiated price depends on its exact location, access, approvals, shape, condition, demand and other facts.

Can property be registered below guideline value?

A lower stated value can attract scrutiny or a market-value reference under Section 47-A where the registering officer has reason to believe the true market value was not stated. Obtain current advice for the specific instrument before execution.

How do I find the correct guideline value in Kanyakumari?

Use the official Tamil Nadu Registration Department portal and search with the correct registration zone, Sub-Registrar Office, village, street or survey and subdivision details. Confirm the effective date, classification and unit shown.

Guideline Value vs Market Price in Kanyakumari

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