Guideline Value for VGN ABHIVRUDHI

Vgn Abhivrudhi guideline value

The current guideline value for Vgn Abhivrudhi is Rs 896 per sq.ft, effective from 1 July 2024. This property is located in Kongkaddu village under the Chengleput Joint II SRO, classified as Residential Special Type - I.

How the guideline value of Vgn Abhivrudhi has changed

The guideline value for Vgn Abhivrudhi has remained consistent at Rs 896 per sq.ft for both the 2023 and 2024 revisions. Prior to these years, the register has no figure for this street for the revisions in 2017, 2012, 2007, 2003, and 2002.

In summary, there has been no change in the guideline value from 2023 to 2024, with a percentage change of +0%. The consistent value reflects stability in this area for the specified period.

Guideline values in Kongkaddu

Kongkaddu village features seven streets under the Chengleput Joint II SRO, with the 2024 guideline values ranging from Rs 750 to Rs 1,000 per sq.ft. The median value for these streets is Rs 896 per sq.ft, which is equal to the guideline value of Vgn Abhivrudhi.

• Vgn Bloming Dale: Rs 750 per sq.ft (2024)
• Vgn Blooming Dale Phase -I: Rs 750 per sq.ft (2024)
• Vgn Blooming Dale Phase -II: Rs 750 per sq.ft (2024)
• Sri Yoga Hayagrivar Vijayam Sowbhagya Housing Co: Rs 1,000 per sq.ft (2024)
• V.G.N. Abhivrudhi Phase -2: Rs 900 per sq.ft (2024)
• Vgn Viruksham: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Vgn Abhivrudhi

For a 1,000 sq.ft plot at the current guideline value of Rs 896 per sq.ft, the total guideline value amounts to Rs 8,96,000. The stamp duty at 7% would be Rs 62,720, and the registration fee at 2% would be Rs 17,920, leading to a total of Rs 80,640. Please 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 detailed calculations.

Which Sub Registrar Office covers Vgn Abhivrudhi?

The Vgn Abhivrudhi property falls under 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 more information.

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

The guideline value is a crucial figure used during property registration in Kongkaddu. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay when completing a transaction.

When buying or selling property, it is essential to be aware of the guideline value, as it can influence the overall costs associated with the transaction. The registration process will utilize this value to calculate the necessary fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value for Vgn Abhivrudhi?

The current guideline value for Vgn Abhivrudhi is Rs 896 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vgn Abhivrudhi has remained at Rs 896 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the revisions in 2017, 2012, 2007, 2003, and 2002.

What are the guideline values for other streets in Kongkaddu?

In Kongkaddu, the guideline values for other streets range from Rs 750 to Rs 1,000 per sq.ft. The median value for these streets is Rs 896 per sq.ft, which is the same as the guideline value for Vgn Abhivrudhi.

How is stamp duty calculated for properties in Vgn Abhivrudhi?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 896 per sq.ft results in a total guideline value of Rs 8,96,000, with a stamp duty of Rs 62,720.

Where can I find the Sub Registrar Office for Vgn Abhivrudhi?

The Chengleput Joint II Sub Registrar Office covers Vgn Abhivrudhi, located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information about your SRO online.