Guideline Value for VILLA GREEN

Villa Green guideline value

The current guideline value of Villa Green, located in Kayar village under the Thiruporur SRO, is Rs 1,250 per sq.ft. This value was established in the 2023 revision and applies to properties classified as Commercial Class I Type - I.

How the guideline value of Villa Green has changed

In the 2012 revision, the guideline value was set at Rs 1,250 per sq.ft. This remained unchanged until the 2017 revision, where it decreased to Rs 837 per sq.ft, marking a decline of 33%. Subsequently, in the 2023 revision, the value increased to Rs 1,250 per sq.ft, resulting in a significant rise of 49% from the 2017 revision.

Overall, comparing the 2012 and 2023 revisions, the guideline value has remained the same at Rs 1,250 per sq.ft. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2024 for this street in the register.

Guideline values in Kayar

Currently, there are no specific village figures available for Kayar. Villa Green is classified under the Thiruporur SRO, which manages the guideline values for properties in this area.

Stamp duty and registration fee for property in Villa Green

For a 1,000 sq.ft plot at the current guideline value of Rs 1,250 per sq.ft, the total guideline value would be Rs 12,50,000. The stamp duty at 7% would amount to Rs 87,500, and the registration fee at 2% would be Rs 25,000, bringing the total cost for these fees to Rs 1,12,500. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Villa Green?

The Sub Registrar Office that covers Villa Green 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 information.

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

The guideline value is a crucial factor in property transactions in Kayar, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value when negotiating sale prices to ensure compliance with registration requirements.

During the registration process, the stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price. This ensures that all transactions are fairly assessed according to the established guideline values.

Frequently asked questions

What is the current guideline value of Villa Green?

The current guideline value of Villa Green is Rs 1,250 per sq.ft, as per the 2023 revision.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,250 per sq.ft in 2012 to Rs 837 per sq.ft in 2017, then back to Rs 1,250 per sq.ft in 2023. Overall, the value remained the same from 2012 to 2023.

What is the stamp duty rate for property in Villa Green?

The stamp duty rate for properties in Villa Green is 7% of the guideline value or the sale price, whichever is higher.

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.

Are there other streets in Kayar with guideline values?

Currently, there are no other streets in Kayar listed with guideline values in the register.