Guideline Value for UNNAMMED LAYOUT

Unnammed Layout guideline value

The current guideline value of Unnammed Layout in Vedal village is Rs 450 per sq.ft, effective from 1 July 2024. This property falls under the Kanchipuram Joint IV SRO and is classified as Residential Class I Type - I.

How the guideline value of Unnammed Layout has changed

The guideline value for Unnammed Layout has remained unchanged since the 2023 revision, which was also set at Rs 450 per sq.ft. Prior to that, there are no figures available for the years 2017, 2012, 2007, 2003, and 2002 in the register for this street.

Thus, the 2024 revision reflects a 0% change from the previous year, maintaining the value at Rs 450 per sq.ft. This consistency indicates stability in the guideline value for this street over the recent revisions.

Guideline values in Vedal

In Vedal, there are six streets under the Kanchipuram Joint IV SRO that have a 2024 guideline value ranging from Rs 450 to Rs 1,950 per sq.ft. The median guideline value for these streets is Rs 650 per sq.ft, placing Unnammed Layout's value below this median.

• Kanchi Enclave: Rs 700 per sq.ft (2024)
• Kanchi Big Town Phase-II: Rs 550 per sq.ft (2024)
• Brindavanam Avenue: Rs 600 per sq.ft (2024)
• Kanchi Big Town Phase -III: Rs 1,045 per sq.ft (2024)
• Metro Vedal City: Rs 1,950 per sq.ft (2024)

Stamp duty and registration fee for property in Unnammed Layout

For a 1,000 sq.ft plot at the current guideline value of Rs 450 per sq.ft, the total guideline value amounts to Rs 4,50,000. The stamp duty, charged at 7%, would be Rs 31,500, and the registration fee at 2% would be Rs 9,000, bringing the total fees to Rs 40,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Unnammed Layout?

The Sub Registrar Office covering Unnammed Layout is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Vedal. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that these costs reflect the official valuation of the property.

When buying or selling property in Vedal, the guideline value helps both parties understand the minimum value at which the property can be registered. This transparency is essential for legal and financial clarity in real estate transactions.

Frequently asked questions

What is the current guideline value of Unnammed Layout?

The current guideline value of Unnammed Layout is Rs 450 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Unnammed Layout has remained at Rs 450 per sq.ft since the 2023 revision, with no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value for streets in Vedal?

The median guideline value for streets in Vedal is Rs 650 per sq.ft, with Unnammed Layout's value being below this median at Rs 450 per sq.ft.

What fees are applicable when registering property in Unnammed Layout?

When registering property in Unnammed Layout, the stamp duty is charged at 7% and the registration fee at 2% of the guideline value or sale price, whichever is higher.

Where can I find the Sub Registrar Office for Unnammed Layout?

The Sub Registrar Office for Unnammed Layout is the Kanchipuram Joint IV Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone.