Guideline Value for VIJAYA GREEN CITY PHASE III

Vijaya Green City Phase III guideline value

The current guideline value of Vijaya Green City Phase III is Rs 1,600 per sq.ft, effective from 1 July 2024. This property is located in Nelllikuppam village under the Thiruporur SRO, and it falls under the Mixed Special Type - III land classification.

How the guideline value of Vijaya Green City Phase III has changed

The guideline value for Vijaya Green City Phase III has seen revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,600 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 1,600 per sq.ft. This indicates a 0% change from 2023 to 2024.

As per the available data, the guideline value has consistently been Rs 1,600 per sq.ft for both the 2023 and 2024 revisions. The absence of figures for the earlier years signifies that there were no recorded values for this street during those periods.

Guideline values in Nelllikuppam

In Nelllikuppam, there are 45 streets under the Thiruporur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 1,600 per sq.ft. The median guideline value in this village is Rs 1,000 per sq.ft, placing Vijaya Green City Phase III above this median.

• Vijaya Green City Phase II: Rs 1,250 per sq.ft (2024)
• Vijaya Green City: Rs 1,200 per sq.ft (2024)
• Vijaya Garden: Rs 1,200 per sq.ft (2024)
• Vgc- IV: Rs 1,600 per sq.ft (2024)
• Vanavil Isai Nila Enclave: Rs 1,200 per sq.ft (2024)
• The Enclave Extension: Rs 1,000 per sq.ft (2024)

Stamp duty and registration fee for property in Vijaya Green City Phase III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, leading to a total of Rs 1,44,000. 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 Vijaya Green City Phase III?

The Sub Registrar Office that covers Vijaya Green City Phase III is 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 Nelllikuppam

The guideline value is a critical factor when registering a property in Nelllikuppam. It serves as the baseline for calculating the stamp duty and registration fees, which are mandatory during the transaction process.

When buying or selling property, the guideline value ensures that the transaction is recorded at a value recognized by the government, helping to maintain transparency and compliance with local regulations.

Frequently asked questions

What is the current guideline value of Vijaya Green City Phase III?

The current guideline value of Vijaya Green City Phase III is Rs 1,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,600 per sq.ft for both the 2023 and 2024 revisions. There are no recorded figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What is the median guideline value in Nelllikuppam?

The median guideline value in Nelllikuppam is Rs 1,000 per sq.ft. Vijaya Green City Phase III's guideline value is above this median.

What are the stamp duty and registration fees for property in Vijaya Green City Phase III?

For a 1,000 sq.ft plot, the total guideline value is Rs 16,00,000. The stamp duty at 7% is Rs 1,12,000, and the registration fee at 2% is Rs 32,000, totaling Rs 1,44,000.

Which office handles property registrations for Vijaya Green City Phase III?

The Thiruporur Sub Registrar Office handles property registrations for Vijaya Green City Phase III, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.