Guideline Value for VGN Southern Fortune
₹3612/sq.ft.
The guideline value for Vgn Southern Fortune in Kattankollatur village (Chengleput Joint Ii SRO, Chengalpattu zone) is Rs 3612 per sq.ft, effective 1 July 2024. It was Rs 3284 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iv. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Kattankollatur
Village
Chengleput Joint II
SRO
Residential Class I Type - IV
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹3612 /sq.ft. |
| From 1-4-2023 | ₹3284 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | N/A |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
10, Kancheepuram Main Road, Chengalpattu 603 002.
044-27422003
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Vgn Southern Fortune
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Chengleput Joint Ii sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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VGN Southern Fortune guideline value
The current guideline value of VGN Southern Fortune is Rs 3,612 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 Class I Type - IV.
How the guideline value of VGN Southern Fortune has changed
The guideline value for VGN Southern Fortune has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 3,612 per sq.ft, which reflects a 10% increase from the 2023 revision of Rs 3,284 per sq.ft. The register has no figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.
Prior to the 2023 revision, the guideline value was Rs 3,284 per sq.ft. The absence of figures for the earlier years indicates that there was no recorded guideline value for this street in the register during those periods. The current value of Rs 3,612 per sq.ft is significantly higher than the previous figures.
Guideline values in Kattankollatur
In Kattankollatur, there are 453 streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 440 to Rs 3,612 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for VGN Southern Fortune is above this median.
- Vgn Southern County Phase - III: Rs 1,980 per sq.ft (2024)
- Vgn Southern Meadows Phase - II: Rs 2,956 per sq.ft (2024)
- Vgn Southern County Phase - I: Rs 1,980 per sq.ft (2024)
- Vgn Southern Colony (Kr): Rs 1,980 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 Fortune
For a 1,000 sq.ft plot at the current guideline value of Rs 3,612 per sq.ft, the total guideline value amounts to Rs 36,12,000. The stamp duty at 7% would be Rs 2,52,840, and the registration fee at 2% would be Rs 72,240, bringing the total cost for these fees to Rs 3,25,080. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.
Which Sub Registrar Office covers VGN Southern Fortune?
The VGN Southern Fortune property falls under 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 details.
How the guideline value is used when you buy or sell in Kattankollatur
The guideline value plays a crucial role in the registration process of property transactions in Kattankollatur. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property. Buyers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.
When registering a property, the guideline value ensures that the transaction is recorded at a fair value according to government regulations. This helps maintain transparency in property dealings and ensures that the appropriate taxes are collected.
Frequently asked questions
What is the current guideline value of VGN Southern Fortune?
The current guideline value of VGN Southern Fortune is Rs 3,612 per sq.ft, effective from 1 July 2024.
How much has the guideline value changed recently?
The guideline value increased from Rs 3,284 per sq.ft in 2023 to Rs 3,612 per sq.ft in 2024, reflecting a 10% increase.
What is the land classification for VGN Southern Fortune?
VGN Southern Fortune is classified as Residential Class I Type - IV.
Where can I find the Chengleput Joint II SRO?
The Chengleput Joint II SRO is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone.
How are stamp duty and registration fees calculated?
Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a total fee of Rs 3,25,080.
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