Guideline Value for VBHC

Vbhc guideline value

The current guideline value for Vbhc in Valaiyakarani village is Rs 2,239 per sq.ft, effective from 1 July 2024. This property falls under the Walajabad Sub Registrar Office (SRO) and is classified as Residential Special Type - IV.

How the guideline value of Vbhc has changed

According to the guideline value register, there have been several revisions for Vbhc. The most recent revision in 2024 maintains the guideline value at Rs 2,239 per sq.ft, which is the same as the 2023 revision. The register has no figure for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there has been no change in the guideline value, remaining at Rs 2,239 per sq.ft. This consistency indicates stability in the valuation for this property over the last two years.

Guideline values in Valaiyakarani

In Valaiyakarani, there are four streets under the Walajabad SRO that carry a 2024 guideline value. The current guideline value for Vbhc is above the median of Rs 750 per sq.ft for the village. The other streets in Valaiyakarani include:

• Vetri Nagar: Rs 250 per sq.ft (2024)
• Unnamed Layout S.No:58/1a,1b,2a,2b,2c,2d,2e,2f,2g,2h,2i: Rs 500 per sq.ft (2024)
• Star Breeze Phase-I: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Vbhc

For a 1,000 sq.ft plot at the current guideline value of Rs 2,239 per sq.ft, the total guideline value amounts to Rs 22,39,000. The stamp duty at 7% would be Rs 1,56,730, and the registration fee at 2% would be Rs 44,780, resulting in a total of Rs 2,01,510. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vbhc?

The Vbhc property is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration of property transactions in Valaiyakarani. It serves as the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duties and registration fees.

When buying or selling property, the guideline value helps determine the financial obligations related to the transaction. Buyers must be aware that the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price, ensuring transparency and compliance with regulatory requirements.

Frequently asked questions

What is the current guideline value of Vbhc?

The current guideline value of Vbhc in Valaiyakarani village is Rs 2,239 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vbhc has remained consistent at Rs 2,239 per sq.ft from the 2023 revision to the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the other streets in Valaiyakarani?

Other streets in Valaiyakarani under the Walajabad SRO include Vetri Nagar, Unnamed Layout, and Star Breeze Phase-I, with guideline values ranging from Rs 250 to Rs 1,000 per sq.ft in 2024.

What are the stamp duty and registration fees for Vbhc?

For a 1,000 sq.ft plot at the guideline value of Rs 2,239 per sq.ft, the total guideline value is Rs 22,39,000. The stamp duty at 7% is Rs 1,56,730, and the registration fee at 2% is Rs 44,780, totaling Rs 2,01,510.

Which office handles the registration for Vbhc?

The Walajabad Sub Registrar Office handles the registration for Vbhc, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.