Guideline Value for VENKATESH KUMAR NAGAR PHASE II

Venkatesh Kumar Nagar Phase II guideline value

The current guideline value of Venkatesh Kumar Nagar Phase II is Rs 450 per sq.ft. This property is located in Irumpuli village and falls under the Acchirapakkam SRO. The land classification is Residential Special Type - II.

How the guideline value of Venkatesh Kumar Nagar Phase II has changed

The guideline value register for Venkatesh Kumar Nagar Phase II shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 450 per sq.ft, and this value remained unchanged in the 2024 revision, which also lists the guideline value at Rs 450 per sq.ft, reflecting a change of +0% from the previous year.

With the 2024 revision, the guideline value for Venkatesh Kumar Nagar Phase II has consistently been Rs 450 per sq.ft since the 2023 revision. This stability indicates that there have been no fluctuations in the guideline value for this street over the past two years.

Guideline values in Irumpuli

In Irumpuli, there are 12 streets under the Acchirapakkam SRO that carry a 2024 guideline value ranging from Rs 250 to Rs 450 per sq.ft, with a median value of Rs 402 per sq.ft. Venkatesh Kumar Nagar Phase II's 2024 guideline value is above this median.

• Venkatesh Kumar Nagar Phase I: Rs 450 per sq.ft (2024)
• Venkatesh Kumar Nagar Phase III: Rs 450 per sq.ft (2024)
• Melmaruvathur Highway City: Rs 250 per sq.ft (2024)
• Maha Sri Township Manaipirivu -I: Rs 250 per sq.ft (2024)
• Bgr Breeze Garden: Rs 402 per sq.ft (2024)
• Major Mukundhan Nagar: Rs 350 per sq.ft (2024)

Stamp duty and registration fee for property in Venkatesh Kumar Nagar Phase II

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 4,50,000. The stamp duty at 7% would be Rs 31,500, and the registration fee at 2% would be Rs 9,000, making the total Rs 40,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Venkatesh Kumar Nagar Phase II?

The Sub Registrar Office that covers Venkatesh Kumar Nagar Phase II is the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Irumpuli. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the guideline value or the sale price, whichever is higher.

When registering a property, buyers and sellers must consider the guideline value to ensure compliance with local regulations. It is essential to be aware of the current guideline value to accurately calculate the associated costs during the transaction.

Frequently asked questions

What is the current guideline value of Venkatesh Kumar Nagar Phase II?

The current guideline value of Venkatesh Kumar Nagar Phase II is Rs 450 per sq.ft as per the 2024 revision.

How has the guideline value changed over the years?

The guideline value for Venkatesh Kumar Nagar Phase II has remained stable at Rs 450 per sq.ft since the 2023 revision, with no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Venkatesh Kumar Nagar Phase II?

The land classification for Venkatesh Kumar Nagar Phase II is Residential Special Type - II, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for property in Venkatesh Kumar Nagar Phase II?

For a 1,000 sq.ft plot valued at Rs 4,50,000, the stamp duty would be Rs 31,500, and the registration fee would be Rs 9,000, totaling Rs 40,500.

Where can I find the Sub Registrar Office for Venkatesh Kumar Nagar Phase II?

The Acchirapakkam Sub Registrar Office, which covers Venkatesh Kumar Nagar Phase II, is located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.