Guideline Value for VGN VARNA BHOOMI PHASE II

Vgn Varna Bhoomi Phase II guideline value

The current guideline value of Vgn Varna Bhoomi Phase II is Rs 3,732 per sq.ft. This property is located in Puthupakkam village, under the jurisdiction of the Thiruporur SRO. The land classification for this area is Mixed Special Type - III.

How the guideline value of Vgn Varna Bhoomi Phase II has changed

The guideline value for Vgn Varna Bhoomi Phase II has undergone several revisions over the years. The most recent revision in 2023 set the guideline value at Rs 3,732 per sq.ft, a significant increase from Rs 2,500 per sq.ft in the 2017 revision. This change represents a rise of 49% over the six-year period.

There are no figures available for the revisions in 2024, 2012, 2007, 2003, and 2002 for this street. Therefore, the only revisions with figures are from 2017 and 2023.

Guideline values in Puthupakkam

Currently, there are no specific village figures available for Puthupakkam. Vgn Varna Bhoomi Phase II is the only street mentioned under the Thiruporur SRO.

Stamp duty and registration fee for property in Vgn Varna Bhoomi Phase II

For a 1,000 sq.ft plot at the current guideline value of Rs 3,732 per sq.ft, the total guideline value amounts to Rs 37,32,000. The stamp duty at 7% would be Rs 2,61,240, and the registration fee at 2% would be Rs 74,640, bringing the total cost to Rs 3,35,880. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vgn Varna Bhoomi Phase II?

The Vgn Varna Bhoomi Phase II property falls under the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

You can find your SRO for more details.

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

The guideline value is a critical factor during the registration of property transactions in Puthupakkam. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When buying or selling property, it is essential to consider the guideline value, as it may influence the overall costs associated with the transaction. Buyers should be aware that the stamp duty is calculated based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Vgn Varna Bhoomi Phase II?

The current guideline value of Vgn Varna Bhoomi Phase II is Rs 3,732 per sq.ft as per the 2023 revision.

How much has the guideline value changed since 2017?

Since the 2017 revision, the guideline value has increased from Rs 2,500 per sq.ft to Rs 3,732 per sq.ft, marking a rise of 49%.

Are there any guideline value figures for the years 2002, 2003, 2007, 2012, or 2024?

The register has no figures for the years 2002, 2003, 2007, 2012, and 2024 for Vgn Varna Bhoomi Phase II.

What fees are applicable when registering property in Vgn Varna Bhoomi Phase II?

When registering property in Vgn Varna Bhoomi Phase II, the applicable fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Vgn Varna Bhoomi Phase II located?

The Sub Registrar Office covering Vgn Varna Bhoomi Phase II is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.