Guideline Value for VIJAY GANAPATHI NAGAR

Vijay Ganapathi Nagar guideline value

The current guideline value of Vijay Ganapathi Nagar is Rs 2,000 per sq.ft, as per the 2023 revision. This area is located in Navaloor village and falls under the Thiruporur SRO. The land classification for this street is Commercial Class I Type - II.

How the guideline value of Vijay Ganapathi Nagar has changed

According to the guideline value register, the revisions for Vijay Ganapathi Nagar include the 2023 revision, which is set at Rs 2,000 per sq.ft. The register does not contain figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002.

There have been no changes in the guideline value between the revisions listed above. The only available figure is from the 2023 revision, which indicates a consistent value over the years for this street.

Guideline values in Navaloor

Currently, there are no specific village figures available for Navaloor. However, Vijay Ganapathi Nagar is included in the guideline value framework for the area. There are no other streets in Navaloor listed in the available data.

Stamp duty and registration fee for property in Vijay Ganapathi Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 2,000 per sq.ft, the total guideline value amounts to Rs 20,00,000. The stamp duty is charged at 7%, which equals Rs 1,40,000, and the registration fee at 2% amounts to Rs 40,000. Therefore, the total cost for stamp duty and registration fees together is Rs 1,80,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Vijay Ganapathi Nagar?

The Sub Registrar Office that covers Vijay Ganapathi Nagar is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. For further information, you can find your SRO.

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

The guideline value plays a crucial role when buying or selling property in Navaloor. It serves as a benchmark for determining the minimum value of a property for registration purposes. The guideline value ensures that the transaction is recorded at a fair price, preventing undervaluation and ensuring appropriate tax collection.

When registering a property, buyers and sellers must refer to the guideline value to calculate the applicable stamp duty and registration fees. This value is essential for both parties to understand the financial implications of the transaction and to comply with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Vijay Ganapathi Nagar?

The current guideline value of Vijay Ganapathi Nagar is Rs 2,000 per sq.ft, as per the 2023 revision.

When was the last revision for Vijay Ganapathi Nagar?

The last revision for Vijay Ganapathi Nagar was in 2023, which set the guideline value at Rs 2,000 per sq.ft.

Are there any previous revisions listed for Vijay Ganapathi Nagar?

Yes, the guideline value register shows no figures for the revisions in 2024, 2017, 2012, 2007, 2003, and 2002 for Vijay Ganapathi Nagar.

What is the land classification for Vijay Ganapathi Nagar?

The land classification for Vijay Ganapathi Nagar is Commercial Class I Type - II.

Where is the Thiruporur Sub Registrar Office located?

The Thiruporur Sub Registrar Office is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.