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Guideline Value

Corporate

Guideline Value for VGN WINDSOR PARK PHASE III

₹1540/sq.ft.

The guideline value for Vgn Windsor Park Phase Iii in Melpakkam village (Kunrathur SRO, Chennai zone) is Rs 1540 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Melpakkam

Village

Kunrathur

SRO

Mixed Type - I
History
Period Guideline Value
From 1-7-2024 ₹1540 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
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 Iii

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Vgn Windsor Park Phase III guideline value

The current guideline value of Vgn Windsor Park Phase III is Rs 1,540 per sq.ft, effective from 1 July 2024. This property is located in Melpakkam village under the Kunrathur SRO, classified as Mixed Type - I land.

How the guideline value of Vgn Windsor Park Phase III has changed

The guideline value for Vgn Windsor Park Phase III has seen several revisions over the years. The 2012 revision set the value at Rs 1,400 per sq.ft, which was later reduced to Rs 938 per sq.ft in the 2017 revision. However, from 2017 to 2023, there was a significant increase, with the value rising to Rs 1,400 per sq.ft, followed by another increase to Rs 1,540 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 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 value is Rs 1,540 per sq.ft, which is equal to the guideline value of Vgn Windsor Park Phase III.

Stamp duty and registration fee for property in Vgn Windsor Park Phase III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,540 per sq.ft, the total guideline value amounts to Rs 15,40,000. The stamp duty at 7% would be Rs 1,07,800, and the registration fee at 2% would be Rs 30,800, bringing the total fees together to Rs 1,38,600. 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 accurate calculations based on your property details.

Which Sub Registrar Office covers Vgn Windsor Park Phase III?

The Vgn Windsor Park Phase III is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value at which a property can be registered. When you buy or sell property in Melpakkam, the registration fees and stamp duty are calculated based on this guideline value.

It is important to note that the guideline value is used to ensure transparency and fairness in property transactions. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value of Vgn Windsor Park Phase III?

The current guideline value of Vgn Windsor Park Phase III is Rs 1,540 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2012 to Rs 938 per sq.ft in 2017, then increased to Rs 1,400 per sq.ft in 2023, and finally to Rs 1,540 per sq.ft in 2024.

What is the land classification of Vgn Windsor Park Phase III?

Vgn Windsor Park Phase III is classified as Mixed Type - I land under the Kunrathur SRO.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% and the registration fee at 2% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total fees would amount to Rs 1,38,600.

Which office handles the registration for Vgn Windsor Park Phase III?

The registration for Vgn Windsor Park Phase III is handled by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.