Guideline Value for VGN Stafford

VGN Stafford guideline value

The current guideline value of VGN Stafford is Rs 2,700 per sq.ft, effective from 1 July 2024. This property is located in Thirumullaivoyal village under the Ambattur SRO, classified as Residential Special Type - II.

How the guideline value of VGN Stafford has changed

The guideline value register for VGN Stafford shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The latest revision, effective from 1 July 2024, sets the guideline value at Rs 2,700 per sq.ft.

There have been no changes between the revisions listed above, with the 2024 figure being the first recorded value for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,400 per sq.ft, placing VGN Stafford's 2024 figure above this median.

• Victoria Nagar: Rs 1,600 per sq.ft (2024)
• Victory Avenue: Rs 2,700 per sq.ft (2024)
• Venugopal Nagar Main Road: Rs 2,700 per sq.ft (2024)
• Venugopal Nagar 3rd Street: Rs 2,700 per sq.ft (2024)
• Venugopal Nagar 2nd Street: Rs 2,700 per sq.ft (2024)
• Venugopal Nagar 2nd Cross Street: Rs 2,700 per sq.ft (2024)

Stamp duty and registration fee for property in VGN Stafford

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total fees to Rs 2,43,000. Please note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers VGN Stafford?

The VGN Stafford property is covered by the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

To find more information, you can find your SRO.

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

The guideline value is an essential factor during property transactions in Thirumullaivoyal. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being sold or purchased.

When registering a property, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties and fees, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of VGN Stafford?

The current guideline value of VGN Stafford is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value register shows no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only recorded value for VGN Stafford is Rs 2,700 per sq.ft from the 2024 revision.

What is the land classification of VGN Stafford?

VGN Stafford is classified as Residential Special Type - II, which indicates its designated use within the local planning framework.

What are the stamp duty and registration fees for VGN Stafford?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,89,000, and the registration fee would be Rs 54,000, totaling Rs 2,43,000. These fees are based on the higher of the guideline value or sale price.

Where can I find the Sub Registrar Office for VGN Stafford?

The Ambattur Sub Registrar Office covers VGN Stafford, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.