Guideline Value for VGN BRIXTON

Vgn Brixton guideline value

The current guideline value of Vgn Brixton is Rs 800 per sq.ft, effective from 1 July 2024. This property is located in Vellanthangal village under the Sriperumpudur SRO, classified as Residential Special Type - I.

How the guideline value of Vgn Brixton has changed

Over the years, the guideline value for Vgn Brixton has seen several revisions. The 2012 revision set the value at Rs 800 per sq.ft, which remained unchanged in the 2023 revision. However, the 2017 revision recorded a lower value of Rs 536 per sq.ft. The changes between these revisions are notable: from 2012 to 2017, there was a decrease of 33%, followed by a significant increase of 49% from 2017 to 2023, resulting in a current value that is consistent with the 2012 and 2023 figures.

The most recent revision in 2024 maintains the guideline value at Rs 800 per sq.ft, reflecting no change from the previous year. It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellanthangal

In Vellanthangal, there are 9 streets under the Sriperumpudur SRO that carry a 2024 guideline value ranging from Rs 300 to Rs 3,300 per sq.ft, with a median value of Rs 650 per sq.ft. The guideline value of Vgn Brixton is above this median.

• Symphony Phase -II: Rs 3,300 per sq.ft (2024)
• Symphony Phase -I: Rs 3,300 per sq.ft (2024)
• Sri Dhanalaxmi Nagar: Rs 650 per sq.ft (2024)
• Rajeswari Nagar: Rs 400 per sq.ft (2024)
• Rajalakshmi Nagar Part III: Rs 400 per sq.ft (2024)
• Rajalakshmi Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Vgn Brixton

For a 1,000 sq.ft plot at the current guideline value of Rs 800 per sq.ft, the total guideline value amounts to Rs 8,00,000. The stamp duty at 7% would be Rs 56,000, and the registration fee at 2% would be Rs 16,000, bringing the total fees to Rs 72,000. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vgn Brixton?

The Vgn Brixton property falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process of property transactions in Vellanthangal. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When buying or selling property, the guideline value is used to ensure that the transaction is recorded accurately and that the appropriate taxes are collected. This helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value of Vgn Brixton?

The current guideline value of Vgn Brixton is Rs 800 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen fluctuations, with the value remaining at Rs 800 per sq.ft in 2012, 2023, and 2024, while it dropped to Rs 536 per sq.ft in 2017. The overall change from 2012 to 2024 is 0%.

What are the stamp duty and registration fees for a property in Vgn Brixton?

For a property valued at Rs 8,00,000, the stamp duty would be Rs 56,000 and the registration fee would be Rs 16,000, totaling Rs 72,000.

Which Sub Registrar Office covers Vgn Brixton?

The Sriperumpudur Sub Registrar Office covers Vgn Brixton, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

What is the land classification of Vgn Brixton?

Vgn Brixton is classified as Residential Special Type - I, indicating its designation for residential use within the area.