Guideline Value for V.G.P.Vinoth Town

V.G.P.Vinoth Town guideline value

The current guideline value of V.G.P.Vinoth Town, located in Vadakal_B village under the Sriperumpudur SRO, is Rs 200 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class III Type - I.

How the guideline value of V.G.P.Vinoth Town has changed

The guideline value for V.G.P.Vinoth Town has seen several revisions over the years. The most recent revisions show that the guideline value remained unchanged at Rs 200 per sq.ft from 2023 to 2024. Prior to that, in 2017, the guideline value was Rs 134 per sq.ft, marking a significant increase of 49% to the 2023 figure.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 49%.

Guideline values in Vadakal_B

In Vadakal_B, there are 34 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 150 to Rs 1,900 per sq.ft. The median guideline value for these streets is Rs 300 per sq.ft, which means V.G.P.Vinoth Town's current figure is below that median.

• V.G.P.Vinoth Town Part II: Rs 200 per sq.ft (2024)
• V.G.P. Vinoth Town Part III: Rs 200 per sq.ft (2024)
• Velalar Street: Rs 300 per sq.ft (2024)
• Vasantham Nagar: Rs 750 per sq.ft (2024)
• Tristar City: Rs 150 per sq.ft (2024)
• Theruveedhiyamman Koil Street: Rs 150 per sq.ft (2024)

Stamp duty and registration fee for property in V.G.P.Vinoth Town

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, while the registration fee at 2% would be Rs 4,000, leading to a total cost of Rs 18,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details on fees applicable to your property transaction.

Which Sub Registrar Office covers V.G.P.Vinoth Town?

The Sub Registrar Office that covers V.G.P.Vinoth Town is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for further assistance.

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

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

Frequently asked questions

What is the current guideline value of V.G.P.Vinoth Town?

The current guideline value of V.G.P.Vinoth Town is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained unchanged at Rs 200 per sq.ft from 2023 to 2024. However, from 2017 to 2023, it increased by 49% from Rs 134 per sq.ft.

What is the land classification of V.G.P.Vinoth Town?

V.G.P.Vinoth Town is classified as Residential Class III Type - I.

What are the other streets in Vadakal_B?

Other streets in Vadakal_B include V.G.P.Vinoth Town Part II, V.G.P. Vinoth Town Part III, Velalar Street, Vasantham Nagar, Tristar City, and Theruveedhiyamman Koil Street, with varying guideline values.

Where is the Sub Registrar Office for V.G.P.Vinoth Town located?

The Sub Registrar Office for V.G.P.Vinoth Town is the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.