Guideline Value for VIJAYA GREEN CITY

Vijaya Green City guideline value

The current guideline value of Vijaya Green City, located in Nelllikuppam village under the Thiruporur SRO, is Rs 1,200 per sq.ft, effective from 1 July 2024. The land classification for this area is Mixed Special Type - I.

How the guideline value of Vijaya Green City has changed

The guideline value for Vijaya Green City has remained consistent at Rs 1,200 per sq.ft during the 2023 and 2024 revisions. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for this street.

With the 2024 revision, the guideline value did not change from the previous year, showing a 0% change from 2023 to 2024. This stability indicates that the guideline value has not fluctuated recently.

Guideline values in Nelllikuppam

Nelllikuppam village has 45 streets under the Thiruporur SRO, with guideline values ranging from Rs 400 to Rs 1,600 per sq.ft. The median guideline value in this area is Rs 1,000 per sq.ft, placing Vijaya Green City's 2024 figure above that median.

• Vijaya Green City Phase II: Rs 1,250 per sq.ft (2024)
• Vijaya Green City Phase III: Rs 1,600 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

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, while the registration fee at 2% would be Rs 24,000, making the total charges Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vijaya Green City?

The Vijaya Green City area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process for property transactions in Nelllikuppam. It determines the minimum value at which a property can be registered, ensuring that the transaction is recorded at a fair value.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. This ensures that all parties are aware of the financial implications associated with the transaction based on the established guideline value.

Frequently asked questions

What is the current guideline value of Vijaya Green City?

The current guideline value of Vijaya Green City is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vijaya Green City has remained at Rs 1,200 per sq.ft for both the 2023 and 2024 revisions, showing no change. The register has no figures for the years 2002, 2003, 2007, 2012, and 2017 for this street.

What are the guideline values for other streets in Nelllikuppam?

Other streets in Nelllikuppam have guideline values ranging from Rs 400 to Rs 1,600 per sq.ft. This includes streets like Vijaya Green City Phase II at Rs 1,250 per sq.ft and Vijaya Green City Phase III at Rs 1,600 per sq.ft.

What fees are associated with buying property in Vijaya Green City?

When purchasing property in Vijaya Green City, the stamp duty is calculated at 7% of the guideline value, and the registration fee is charged at 2%. For a property valued at Rs 12,00,000, the total fees would amount to Rs 1,08,000.

Where can I find the Sub Registrar Office for Vijaya Green City?

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