Guideline Value for VGN BLOOMING DALE PHASE -I

Vgn Blooming Dale Phase -I guideline value

The current guideline value of Vgn Blooming Dale Phase -I is Rs 750 per sq.ft. This property is located in Kongkaddu village, under the Chengleput Joint II SRO, and is classified as Residential Class II Type - I.

How the guideline value of Vgn Blooming Dale Phase -I has changed

According to the guideline value register, there have been several revisions over the years. The most recent revisions show that the guideline value has remained consistent at Rs 750 per sq.ft for both the 2023 and 2024 revisions, indicating no change (0%) between these years. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

Prior to 2023, the guideline values for Vgn Blooming Dale Phase -I were not recorded in the register, meaning there are no figures available for those years. The current rate of Rs 750 per sq.ft reflects the 2024 revision, which became effective on 1 July 2024.

Guideline values in Kongkaddu

Kongkaddu village has a range of guideline values for its streets, with the 2024 figures ranging from Rs 750 to Rs 1,000 per sq.ft, and a median value of Rs 896 per sq.ft. The guideline value for Vgn Blooming Dale Phase -I is below this median.

• Vgn Bloming Dale: Rs 750 per sq.ft (2024)
• Vgn Blooming Dale Phase -II: Rs 750 per sq.ft (2024)
• Vgn Abhivrudhi: Rs 896 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 Blooming Dale Phase -I

For a 1,000 sq.ft plot at the current guideline value of Rs 750 per sq.ft, the total guideline value would be Rs 7,50,000. The stamp duty at 7% would amount to Rs 52,500, and the registration fee at 2% would be Rs 15,000, making the total cost Rs 67,500. 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 information on these fees.

Which Sub Registrar Office covers Vgn Blooming Dale Phase -I?

The Sub Registrar Office that covers Vgn Blooming Dale Phase -I is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

For further details, you can find your SRO.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Kongkaddu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during property transactions.

When a property is registered, the guideline value is considered to ensure that the transaction is accurately reflected in the official records. This helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of Vgn Blooming Dale Phase -I?

The current guideline value of Vgn Blooming Dale Phase -I is Rs 750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

There have been no changes in the guideline value for Vgn Blooming Dale Phase -I between the 2023 and 2024 revisions, remaining at Rs 750 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 7,50,000, the stamp duty would be Rs 52,500, and the registration fee would be Rs 15,000, totaling Rs 67,500. The duty is charged on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Vgn Blooming Dale Phase -I?

The Chengleput Joint II Sub Registrar Office covers Vgn Blooming Dale Phase -I, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.

What is the land classification for Vgn Blooming Dale Phase -I?

Vgn Blooming Dale Phase -I is classified as Residential Class II Type - I, indicating its suitability for residential development.