Guideline Value for VGN SOUTHERN COUNTY PHASE - I

Vgn Southern County Phase - I guideline value

The current guideline value of Vgn Southern County Phase - I is Rs 1,980 per sq.ft, effective from 1 July 2024. This property is located in Kattankollatur village, under the Chengleput Joint II SRO, and is classified as Residential Special Type - II.

How the guideline value of Vgn Southern County Phase - I has changed

The guideline value for Vgn Southern County Phase - I has seen several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In 2023, the guideline value was Rs 1,800 per sq.ft, which increased to Rs 1,980 per sq.ft in the 2024 revision, reflecting a change of +10%.

Prior to 2023, there were no available figures for this street in the guideline value register. The most recent revision in 2024 now places the guideline value at Rs 1,980 per sq.ft, indicating a significant increase from the previous year's value.

Guideline values in Kattankollatur

Kattankollatur has a total of 453 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,612 per sq.ft. The median guideline value in this village is Rs 1,100 per sq.ft, and the current value for Vgn Southern County Phase - I is above this median.

• Vgn Southern County Phase - III: Rs 1,980 per sq.ft (2024)
• VGN Southern Fortune: Rs 3,612 per sq.ft (2024)
• Vgn Southern Colony (Kr): Rs 1,980 per sq.ft (2024)
• Vgn Southern Meadows Phase - II: Rs 2,956 per sq.ft (2024)
• V.G.N. Southeran Meadows Phase - III: Rs 2,463 per sq.ft (2024)
• Vgn Homes Pvt Ltd: Rs 1,980 per sq.ft (2024)

Stamp duty and registration fee for property in Vgn Southern County Phase - I

For a 1,000 sq.ft plot at the current guideline value of Rs 1,980 per sq.ft, the total guideline value would be Rs 19,80,000. The stamp duty at 7% would amount to Rs 1,38,600, and the registration fee at 2% would be Rs 39,600, bringing the total fees to Rs 1,78,200. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details on calculating fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vgn Southern County Phase - I?

The Vgn Southern County Phase - I is covered by 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 Kattankollatur

The guideline value is a crucial factor in the registration process for property transactions in Kattankollatur. 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 a property, the guideline value helps ensure that the transaction is recorded accurately in the official registry. It is essential for buyers and sellers to be aware of the current guideline value to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Vgn Southern County Phase - I?

The current guideline value of Vgn Southern County Phase - I is Rs 1,980 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2023 to Rs 1,980 per sq.ft in 2024, marking a 10% increase. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Vgn Southern County Phase - I?

Vgn Southern County Phase - I is classified as Residential Special Type - II, which is relevant for determining its guideline value and usage.

What are the stamp duty and registration fees for a property in Vgn Southern County Phase - I?

For a 1,000 sq.ft plot, the total guideline value would be Rs 19,80,000. The stamp duty would be Rs 1,38,600 and the registration fee would be Rs 39,600, totaling Rs 1,78,200.

Which office handles the registration for Vgn Southern County Phase - I?

The registration for Vgn Southern County Phase - I is handled by the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.