Guideline Value for NEW VIP NAGAR
₹501/sq.ft.
The guideline value for New Vip Nagar in Uthiramerur village (Uthiramerur SRO, Chengalpattu zone) is Rs 501 per sq.ft, effective 1 July 2024. It was Rs 500 per sq.ft from 1 April 2023, a 0% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Uthiramerur
Village
Uthiramerur
SRO
Residential Class III Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹501 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | N/A |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406
044-27273724
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on New Vip Nagar
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Uthiramerur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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New Vip Nagar guideline value
The current guideline value of New Vip Nagar is Rs 501 per sq.ft, effective from 1 July 2024. This area is located in Uthiramerur village, under the Uthiramerur SRO, and is classified as Residential Class III Type - II.
How the guideline value of New Vip Nagar has changed
The guideline value for New Vip Nagar has seen several revisions over the years. The register has no figure for this street for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 500 per sq.ft, which was then revised to Rs 501 per sq.ft in 2024, showing no percentage change between these two years.
Thus, the most recent revision in 2024 reflects a slight increase from the previous year, maintaining a stable value. The 2024 figure of Rs 501 per sq.ft is below the median guideline value of Rs 800 per sq.ft for the 180 streets in Uthiramerur under the Uthiramerur SRO.
Guideline values in Uthiramerur
In Uthiramerur, the guideline values for various streets range from Rs 200 to Rs 1,800 per sq.ft, with a median of Rs 800 per sq.ft. New Vip Nagar's 2024 guideline value is below this median, indicating a relatively lower pricing in comparison to other streets.
- Nookkalamman Koil Street: Rs 600 per sq.ft (2024)
- Notrh Reddy street: Rs 1,000 per sq.ft (2024)
- Neeradi West Street: Rs 700 per sq.ft (2024)
- Neeradi South Street: Rs 700 per sq.ft (2024)
- Ongoor: Rs 700 per sq.ft (2024)
- Neeradi East Street: Rs 700 per sq.ft (2024)
Stamp duty and registration fee for property in New Vip Nagar
For a 1,000 sq.ft plot at the current guideline value of Rs 501 per sq.ft, the total guideline value amounts to Rs 5,01,000. The stamp duty at 7% would be Rs 35,070, and the registration fee at 2% would be Rs 10,020, making the total charges Rs 45,090. It is important to note that the duty is charged on the higher of the guideline value and the sale price.
You can use our stamp duty and registration fee calculator for precise calculations based on your specific property details.
Which Sub Registrar Office covers New Vip Nagar?
The Sub Registrar Office that covers New Vip Nagar is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, in the Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Uthiramerur
The guideline value is a crucial factor when registering property transactions in Uthiramerur. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.
When a property is sold, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable fees. This ensures that all transactions are conducted fairly and transparently, adhering to the regulations set forth by the Registration Department.
Frequently asked questions
What is the current guideline value of New Vip Nagar?
The current guideline value of New Vip Nagar is Rs 501 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has seen a slight increase from Rs 500 per sq.ft in 2023 to Rs 501 per sq.ft in 2024, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.
What are the guideline values of other streets in Uthiramerur?
Other streets in Uthiramerur have varying guideline values, ranging from Rs 200 to Rs 1,800 per sq.ft. For example, Nookkalamman Koil Street is valued at Rs 600 per sq.ft, while North Reddy street is valued at Rs 1,000 per sq.ft in 2024.
How is stamp duty calculated in New Vip Nagar?
Stamp duty in New Vip Nagar is calculated based on the higher of the guideline value or the sale price. For instance, for a property valued at Rs 5,01,000, the stamp duty at 7% would be Rs 35,070.
Where can I find the Sub Registrar Office for New Vip Nagar?
The Sub Registrar Office for New Vip Nagar is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406. You can find more information by visiting the official site.
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