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Guideline Value

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Guideline Value for VGN WINDSOR PARK - Phase IV

₹2460/sq.ft.

The guideline value for Vgn Windsor Park - Phase Iv in Melpakkam village (Kunrathur SRO, Chennai zone) is Rs 2460 per sq.ft, effective 1 July 2024. It was Rs 2239 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Melpakkam

Village

Kunrathur

SRO

Mixed Type - II
History
Period Guideline Value
From 1-7-2024 ₹2460 /sq.ft.
From 1-4-2023 ₹2239 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1500 /sq.ft.
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)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Vgn Windsor Park - Phase Iv

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VGN WINDSOR PARK - Phase IV guideline value

The current guideline value of VGN WINDSOR PARK - Phase IV is Rs 2,460 per sq.ft, effective from 1 July 2024. This property is located in Melpakkam village, under the Kunrathur SRO, and is classified as Mixed Type - II land.

How the guideline value of VGN WINDSOR PARK - Phase IV has changed

The guideline value for VGN WINDSOR PARK - Phase IV has seen several revisions over the years. The earliest recorded figure is from 2017, which was Rs 1,500 per sq.ft. This was followed by an increase to Rs 2,239 per sq.ft in 2023, marking a 49% rise. The most recent revision in 2024 set the guideline value at Rs 2,460 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that there are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Melpakkam

In Melpakkam, there are 17 streets under the Kunrathur SRO that carry a 2024 guideline value, ranging from Rs 440 to Rs 4,105 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, positioning VGN WINDSOR PARK - Phase IV above this median.

Stamp duty and registration fee for property in VGN WINDSOR PARK - Phase IV

For a 1,000 sq.ft plot at the current guideline value of Rs 2,460 per sq.ft, the total guideline value amounts to Rs 24,60,000. The stamp duty at 7% would be Rs 1,72,200, and the registration fee at 2% would be Rs 49,200, bringing the total cost for these fees to Rs 2,21,400. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers VGN WINDSOR PARK - Phase IV?

The VGN WINDSOR PARK - Phase IV is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. For more information, you can find your SRO.

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

The guideline value plays a crucial role during the registration of property transactions in Melpakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is bought or sold.

When registering a property, the guideline value is used to ensure that the transaction is recorded at a fair value according to the local regulations. This helps maintain transparency in property transactions and ensures compliance with the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value for VGN WINDSOR PARK - Phase IV?

The current guideline value for VGN WINDSOR PARK - Phase IV is Rs 2,460 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,500 per sq.ft in 2017 to Rs 2,239 per sq.ft in 2023, and then to Rs 2,460 per sq.ft in 2024. This represents an overall increase of 64% from 2017 to 2024.

What is the land classification for VGN WINDSOR PARK - Phase IV?

VGN WINDSOR PARK - Phase IV is classified as Mixed Type - II land according to the local regulations.

Where can I find the Sub Registrar Office for VGN WINDSOR PARK - Phase IV?

The Kunrathur Sub Registrar Office covers VGN WINDSOR PARK - Phase IV, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the stamp duty calculated for properties in VGN WINDSOR PARK - Phase IV?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 24,60,000, the stamp duty would amount to Rs 1,72,200.