Guideline Value for V.G.N VARNA BHOOMI

V.G.N Varna Bhoomi guideline value

The current guideline value of V.G.N Varna Bhoomi is Rs 2,750 per sq.ft, as per the 2023 revision. This property is located in Puthupakkam village and falls under the Thiruporur SRO. There is no specific land classification available for this area.

How the guideline value of V.G.N Varna Bhoomi has changed

The guideline value for V.G.N Varna Bhoomi has seen a significant increase from previous years. In the 2017 revision, the guideline value was Rs 1,842 per sq.ft. This represents a change of +49% to the current value of Rs 2,750 per sq.ft in the 2023 revision.

It is important to note that there are no figures available for the years 2024, 2012, 2007, 2003, and 2002 in the register for this street. Therefore, the only revisions with figures are from 2017 and 2023.

Guideline values in Puthupakkam

Currently, there are no specific village figures provided for Puthupakkam. The street of V.G.N Varna Bhoomi is the only one discussed here, and there are no other streets in Puthupakkam under the Thiruporur SRO listed.

Stamp duty and registration fee for property in V.G.N Varna Bhoomi

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total to Rs 2,47,500. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers V.G.N Varna Bhoomi?

The Sub Registrar Office that covers V.G.N Varna Bhoomi is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find more information by visiting find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Puthupakkam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in the area.

When a property is registered, the buyer must pay the applicable stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of V.G.N Varna Bhoomi?

The current guideline value of V.G.N Varna Bhoomi is Rs 2,750 per sq.ft, as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2017 revision to the 2023 revision, the guideline value increased from Rs 1,842 per sq.ft to Rs 2,750 per sq.ft, marking a change of +49%.

Are there any guideline value figures for the year 2024?

No, the register does not provide a guideline value figure for the year 2024 for V.G.N Varna Bhoomi.

What is the stamp duty rate for property in V.G.N Varna Bhoomi?

The stamp duty rate for property transactions in V.G.N Varna Bhoomi 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.