Guideline Value for V.D.S நகர்

V.D.S நகர் guideline value

The current guideline value of V.D.S நகர் is Rs 400 per sq.ft, effective from 1 July 2024. This area is located in Uthiramerur village, under the Uthiramerur SRO, classified as Residential Class II Type - II.

How the guideline value of V.D.S நகர் has changed

The guideline value for V.D.S நகர் has remained consistent at Rs 400 per sq.ft from the 2023 revision to the 2024 revision, showing no percentage change. Prior to these revisions, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In the 2023 revision, the guideline value was also Rs 400 per sq.ft. This consistency indicates stability in the valuation for this street over the last two revisions.

Guideline values in Uthiramerur

In Uthiramerur, there are 180 streets under the Uthiramerur SRO with a 2024 guideline value ranging from Rs 200 to Rs 1,800 per sq.ft. The median guideline value for these streets is Rs 800 per sq.ft, placing V.D.S நகர்'s 2024 figure below that median.

• Vedabalaiyam HighWeys Road Street: Rs 1,000 per sq.ft (2024)
• Vedabalayam Arunachala Naikkar Street: Rs 900 per sq.ft (2024)
• Vedabalayam Kalani Madha Koil Street: Rs 700 per sq.ft (2024)
• Vedabalayam kalani Raji Street: Rs 700 per sq.ft (2024)
• Vedabalayam Thalaiyari Street: Rs 700 per sq.ft (2024)
• VazhaiThottam Street: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in V.D.S நகர்

For a 1,000 sq.ft plot at the current guideline value of Rs 400 per sq.ft, the total guideline value would be Rs 4,00,000. The stamp duty at 7% would amount to Rs 28,000, and the registration fee at 2% would be Rs 8,000, bringing the total fees to Rs 36,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers V.D.S நகர்?

The Sub Registrar Office that covers V.D.S நகர் is the Uthiramerur Sub Registrar Office, located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, 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 in property transactions, as it determines the minimum value at which a property can be registered. When buying or selling property in Uthiramerur, the guideline value helps establish the stamp duty and registration fees that must be paid during the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the overall cost of the property transaction. Proper understanding of these values ensures compliance with local regulations and helps in accurate financial planning.

Frequently asked questions

What is the current guideline value of V.D.S நகர்?

The current guideline value of V.D.S நகர் is Rs 400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 400 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Uthiramerur?

The median guideline value for streets in Uthiramerur is Rs 800 per sq.ft, while V.D.S நகர்'s guideline value is below this median at Rs 400 per sq.ft.

What are the stamp duty rates for properties in V.D.S நகர்?

The stamp duty rate for properties in V.D.S நகர் is 7%, while the registration fee is 2%. These fees are calculated based on the higher of the guideline value or the sale price.

Where is the Uthiramerur Sub Registrar Office located?

The Uthiramerur Sub Registrar Office is located at No.16, Sundara Vardharaja Perumal Koil Sannathi Street, Uthiramerur- 603406, Chengalpattu registration zone.