Guideline Value for VGN COASTA

Vgn Coasta guideline value

The current guideline value of Vgn Coasta is Rs 4,000 per sq.ft, as per the 2023 revision. This property is located in Muttukadu village under the Thiruporur SRO, and the land classification is Mixed Type - I.

How the guideline value of Vgn Coasta has changed

The guideline value for Vgn Coasta has undergone several revisions over the years. In the 2012 revision, the guideline value was set at Rs 4,000 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 2,680 per sq.ft. However, in the 2023 revision, the value increased to Rs 4,000 per sq.ft again.

When looking at the changes between these revisions, from 2012 to 2017, there was a decrease of 33%. Conversely, from 2017 to 2023, there was an increase of 49%. Overall, comparing the 2012 and 2023 values, there has been no change, as both years reflect a guideline value of Rs 4,000 per sq.ft. The register has no figures for the years 2002, 2003, 2007, and 2024 for this street.

Guideline values in Muttukadu

Currently, there are no specific village figures provided for Muttukadu. Vgn Coasta is one of the streets in Muttukadu, and as per the available data, there are no other streets listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Vgn Coasta

For a 1,000 sq.ft plot at the current rate of Rs 4,000 per sq.ft, the guideline value amounts to Rs 40,00,000. The stamp duty at 7% would be Rs 2,80,000, and the registration fee at 2% would be Rs 80,000, bringing the total to Rs 3,60,000. 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 further calculations.

Which Sub Registrar Office covers Vgn Coasta?

The Vgn Coasta property falls under the jurisdiction of the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Muttukadu. It serves as a benchmark for calculating the stamp duty and registration fees that need to be paid at the time of registration.

When a buyer or seller engages in a property transaction, the guideline value helps determine the official value of the property for legal and taxation purposes. This ensures that the transaction is recorded accurately and that the appropriate fees are collected by the government.

Frequently asked questions

What is the current guideline value of Vgn Coasta?

The current guideline value of Vgn Coasta is Rs 4,000 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 4,000 per sq.ft in 2012 to Rs 2,680 per sq.ft in 2017, and then back to Rs 4,000 per sq.ft in 2023.

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

For a property valued at Rs 40,00,000, the stamp duty would be Rs 2,80,000 and the registration fee would be Rs 80,000, totaling Rs 3,60,000.

Which Sub Registrar Office covers Vgn Coasta?

The Thiruporur Sub Registrar Office covers Vgn Coasta, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

Is there any guideline value for the year 2024?

The register has no figure for the year 2024 for Vgn Coasta.