Guideline Value for DOCTORS VIJAYAM TOWNSHIP EXTENSION

Doctors Vijayam Township Extension guideline value

The current guideline value of Doctors Vijayam Township Extension is Rs 1,800 per sq.ft, effective from 1 July 2024. This area is located in Sriperumbudur B village under the Sriperumpudur SRO, classified as Residential Special Type - I.

How the guideline value of Doctors Vijayam Township Extension has changed

The guideline value for Doctors Vijayam Township Extension has remained consistent over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision also recorded the guideline value at Rs 1,800 per sq.ft, which was unchanged in the 2024 revision.

From the 2023 to the 2024 revision, there was a change of +0%, maintaining the guideline value at Rs 1,800 per sq.ft. This indicates stability in the valuation for this area over the past two years.

Guideline values in Sriperumbudur B

In Sriperumbudur B, there are 114 streets under the Sriperumpudur SRO with a 2024 guideline value ranging from Rs 700 to Rs 3,000 per sq.ft, with a median value of Rs 902 per sq.ft. The guideline value for Doctors Vijayam Township Extension is above this median.

• Baba Nagar: Rs 2,000 per sq.ft (2024)
• Kasthuri Nagar: Rs 804 per sq.ft (2024)
• Krishna Nagar: Rs 1,206 per sq.ft (2024)
• Prithvi Nagar: Rs 1,005 per sq.ft (2024)
• Sri Balaji Nagar: Rs 1,206 per sq.ft (2024)
• Adhilakshmi Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Doctors Vijayam Township Extension

For a 1,000 sq.ft plot at the current guideline value of Rs 1,800 per sq.ft, the total guideline value would be Rs 18,00,000. The stamp duty at 7% would amount to Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total fees to Rs 1,62,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Doctors Vijayam Township Extension?

The Sub Registrar Office that covers Doctors Vijayam Township Extension is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Sriperumbudur B

The guideline value plays a crucial role in the registration process when buying or selling property in Sriperumbudur B. It is used to determine the stamp duty and registration fees payable at the time of registration.

When a property is sold, the guideline value is assessed to ensure that the transaction is in line with the official valuations. This helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value for Doctors Vijayam Township Extension?

The current guideline value for Doctors Vijayam Township Extension is Rs 1,800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 1,800 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Doctors Vijayam Township Extension?

Doctors Vijayam Township Extension is classified as Residential Special Type - I, indicating its designated use for residential purposes.

Where can I find the Sub Registrar Office for this area?

The Sub Registrar Office for Doctors Vijayam Township Extension is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is the stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total fee of Rs 1,62,000, including stamp duty and registration fees.