Guideline Value for VGN PRIDE

Vgn Pride guideline value

The current guideline value of Vgn Pride, located in Padur village under the Thiruporur SRO, is Rs 4,000 per sq.ft as per the 2023 revision. The land classification for this area is Mixed Type - II.

How the guideline value of Vgn Pride has changed

In the 2023 revision, the guideline value for Vgn Pride was set at Rs 4,000 per sq.ft. There are no figures available for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for this street, indicating that the guideline value has remained unchanged in the recent revisions.

Since the 2023 revision is the only one with a specified figure, it highlights the stability of the guideline value in this area. The absence of figures in previous revisions further emphasizes that there have been no changes in the guideline value for Vgn Pride over the years.

Guideline values in Padur

Currently, there are no specific village figures provided for Padur. Vgn Pride is situated within this village, and it is essential to note that there are no other streets in Padur listed with guideline values.

Stamp duty and registration fee for property in Vgn Pride

For a 1,000 sq.ft plot at the current guideline value of Rs 4,000 per sq.ft, the total 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 cost for these fees 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 calculate your fees using our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vgn Pride?

The Vgn Pride property falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Padur. It serves as a benchmark for determining the stamp duty and registration fees that must be paid, ensuring that these costs are calculated based on the established guideline value or the sale price, whichever is higher.

When buying or selling property, it is essential to be aware of the guideline value as it directly influences the overall cost of the transaction. Buyers should ensure that they are informed about the current guideline value to avoid any unexpected expenses during the registration process.

Frequently asked questions

What is the current guideline value of Vgn Pride?

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

What is the land classification for Vgn Pride?

The land classification for Vgn Pride is Mixed Type - II, which indicates the type of usage permitted in this area.

How has the guideline value changed over the years?

The guideline value for Vgn Pride has remained unchanged, with the only specified figure being Rs 4,000 per sq.ft in the 2023 revision. There are no figures available for the previous revisions.

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

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 2,80,000 and the registration fee would be Rs 80,000, totaling Rs 3,60,000. These fees are calculated based on the higher of the guideline value or the sale price.

Which Sub Registrar Office covers Vgn Pride?

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