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Guideline Value

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Guideline Value for V.G.N. SOUTHERAN MEADOWS PHASE - III

₹2463/sq.ft.

The guideline value for V.g.n. Southeran Meadows Phase - Iii in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 2463 per sq.ft, effective 1 July 2024. It was Rs 2239 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - V. Source: TNReginet guideline value register.

Last updated:

Chengalpattu

Zone

Kattankollatur

Village

Chengleput Joint II

SRO

Residential Class I Type - V
History
Period Guideline Value
From 1-7-2024 ₹2463 /sq.ft.
From 1-4-2023 ₹2239 /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)

10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]

DRO (District Registrar Office)

No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]

DIG (Deputy Inspector General)

No 10., Kancheepuram High Road., Chenglepet
null
[email protected]
Records for a plot on V.g.n. Southeran Meadows Phase - Iii

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V.G.N. Southeran Meadows Phase - III guideline value

The current guideline value for V.G.N. Southeran Meadows Phase - III is Rs 2,463 per sq.ft. This property is located in Kattankollatur village, under the Chengleput Joint II SRO, and falls under the Residential Class I Type - V land classification.

How the guideline value of V.G.N. Southeran Meadows Phase - III has changed

The guideline value for V.G.N. Southeran Meadows Phase - III has undergone several revisions over the years. The register does not provide figures for the years 2002, 2003, 2007, 2012, and 2017. The most recent revisions show that in 2023, the guideline value was Rs 2,239 per sq.ft, which increased by 10% to Rs 2,463 per sq.ft in the 2024 revision.

This increase from 2023 to 2024 reflects a notable change in the guideline value, indicating adjustments in property valuations in the area. The current value is higher than previous figures, marking a significant update in the register.

Guideline values in Kattankollatur

Kattankollatur has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, positioning V.G.N. Southeran Meadows Phase - III above this median.

Stamp duty and registration fee for property in V.G.N. Southeran Meadows Phase - III

For a 1,000 sq.ft plot at the current guideline value of Rs 2,463 per sq.ft, the total guideline value would be Rs 24,63,000. The stamp duty at 7% would amount to Rs 1,72,410, and the registration fee at 2% would be Rs 49,260, leading to a total cost of Rs 2,21,670. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers V.G.N. Southeran Meadows Phase - III?

The V.G.N. Southeran Meadows Phase - III is covered by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for further assistance.

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

The guideline value is a crucial factor during the registration of property transactions in Kattankollatur. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value helps in calculating the applicable stamp duty and registration fees, which are mandatory for legal documentation. This ensures that both the buyer and seller are aware of the costs involved in the transaction.

Frequently asked questions

What is the current guideline value of V.G.N. Southeran Meadows Phase - III?

The current guideline value of V.G.N. Southeran Meadows Phase - III is Rs 2,463 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,239 per sq.ft in 2023 to Rs 2,463 per sq.ft in 2024, reflecting a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the median guideline value in Kattankollatur?

The median guideline value in Kattankollatur is Rs 1,100 per sq.ft. V.G.N. Southeran Meadows Phase - III's current value is above this median.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the current guideline value, the total guideline value would be Rs 24,63,000. The stamp duty would be Rs 1,72,410, and the registration fee would be Rs 49,260, totaling Rs 2,21,670.

Which office handles registrations for V.G.N. Southeran Meadows Phase - III?

The Chengleput Joint II Sub Registrar Office handles registrations for V.G.N. Southeran Meadows Phase - III, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.