Guideline Value for VIJAY RAJA'S EXURB

Vijay Raja's Exurb guideline value

The current guideline value of Vijay Raja's Exurb in Perunthandalam village is Rs 448 per sq.ft, effective from the 2024 revision on 1 July 2024. This area falls under the Chengleput Joint II SRO and is classified as Residential Special Type - V.

How the guideline value of Vijay Raja's Exurb has changed

The guideline value for Vijay Raja's Exurb has remained consistent at Rs 448 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

In the 2024 revision, the guideline value was set at Rs 448 per sq.ft, showing no change from the previous year’s figure of Rs 448 per sq.ft. This indicates a stable valuation for the property in this area over the last two years.

Guideline values in Perunthandalam

In Perunthandalam, there are eight streets under the Chengleput Joint II SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 1,350 per sq.ft. The median value for these streets is Rs 374 per sq.ft, placing Vijay Raja's Exurb above this median value.

• Sheer Garden: Rs 200 per sq.ft (2024)
• Pcr Avenue: Rs 300 per sq.ft (2024)
• New Golden City: Rs 200 per sq.ft (2024)
• Karpagammal Nagar: Rs 200 per sq.ft (2024)
• Divine Meadows: Rs 500 per sq.ft (2024)
• Doctors Pcr Garden: Rs 500 per sq.ft (2024)

Stamp duty and registration fee for property in Vijay Raja's Exurb

For a 1,000 sq.ft plot at the current guideline value of Rs 448 per sq.ft, the total guideline value would be Rs 4,48,000. The stamp duty at 7% would amount to Rs 31,360, and the registration fee at 2% would be Rs 8,960, totaling Rs 40,320. It is important to 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 Vijay Raja's Exurb?

The Sub Registrar Office that covers Vijay Raja's Exurb is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions as it determines the minimum value for registration purposes. When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees that must be paid at the time of registration.

It is essential for buyers and sellers to be aware of the guideline value, as it directly impacts the costs involved in the transaction. Understanding the current guideline value helps in making informed decisions during property dealings.

Frequently asked questions

What is the current guideline value of Vijay Raja's Exurb?

The current guideline value of Vijay Raja's Exurb is Rs 448 per sq.ft, effective from the 2024 revision.

How has the guideline value changed over the years?

The guideline value has remained at Rs 448 per sq.ft since the 2023 revision, with no figures available for earlier revisions from 2017, 2012, 2007, 2003, and 2002.

What is the land classification of Vijay Raja's Exurb?

Vijay Raja's Exurb is classified as Residential Special Type - V, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value, while the registration fee is 2%. For a property valued at Rs 4,48,000, the total fees would amount to Rs 40,320.

Where can I find the Sub Registrar Office for Vijay Raja's Exurb?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. This office handles registrations for properties in Vijay Raja's Exurb.