Guideline Value for V.B.A. GARDEN

V.B.A. Garden guideline value

The current guideline value of V.B.A. Garden is Rs 650 per sq.ft, as per the 2023 revision. This area is located in Thaiyur-A village, under the Thiruporur SRO, and is classified as Residential Class II Type - I.

How the guideline value of V.B.A. Garden has changed

The guideline value for V.B.A. Garden has undergone changes through various revisions. In the 2017 revision, the guideline value was set at Rs 435 per sq.ft. The most recent revision in 2023 increased this value to Rs 650 per sq.ft, marking a significant increase of 49%.

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for this street.

Guideline values in Thaiyur-A

Currently, there are no specific village figures provided for Thaiyur-A. V.B.A. Garden is situated within this area, which is covered by the Thiruporur SRO.

Stamp duty and registration fee for property in V.B.A. Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 650 per sq.ft, the total guideline value amounts to Rs 6,50,000. The stamp duty at 7% would be Rs 45,500, and the registration fee at 2% would be Rs 13,000, bringing the total to Rs 58,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers V.B.A. Garden?

The Sub Registrar Office that covers V.B.A. Garden is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

To find your SRO, visit find your SRO.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value plays a crucial role during the registration process when buying or selling property in Thaiyur-A. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that all transactions are conducted in accordance with the regulations set by the Registration Department.

When a property is sold, the buyer must pay the stamp duty based on the higher of the guideline value or the sale price, which is assessed to maintain transparency and fairness in property transactions.

Frequently asked questions

What is the current guideline value of V.B.A. Garden?

The current guideline value of V.B.A. Garden is Rs 650 per sq.ft, as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 435 per sq.ft to Rs 650 per sq.ft, which is a rise of 49%.

Are there any guideline values for earlier revisions?

There are no figures available for the revisions in 2002, 2003, 2007, 2012, and 2024 for V.B.A. Garden.

What is the stamp duty rate for properties in V.B.A. Garden?

The stamp duty rate for properties in V.B.A. Garden is 7% of the guideline value or the sale price, whichever is higher.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.