Guideline Value for VIP CITY IN LIFE ON GREEN

Vip City In Life On Green guideline value

The current guideline value of Vip City In Life On Green is Rs 1,493 per sq.ft, effective from 1 July 2024. This property is located in Kattoor village under the Thiruporur SRO, classified as Mixed Type - II land.

How the guideline value of Vip City In Life On Green has changed

The guideline value for Vip City In Life On Green has remained consistent over the recent revisions. In the 2023 revision, the guideline value was Rs 1,493 per sq.ft, which is the same as the 2024 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

From 2023 to 2024, there was no change in the guideline value, maintaining a rate of Rs 1,493 per sq.ft. This stability indicates a consistent valuation for the property over the past two years.

Guideline values in Kattoor

Kattoor village has 22 streets under the Thiruporur SRO, with the 2024 guideline values ranging from Rs 250 to Rs 1,493 per sq.ft. The median guideline value for these streets is Rs 749 per sq.ft, placing Vip City In Life On Green above this median.

• Villa Avenue: Rs 300 per sq.ft (2024)
• V.G.P Gold Chip: Rs 1,269 per sq.ft (2024)
• Sterling Sundara Pandiam: Rs 602 per sq.ft (2024)
• Sri Uthira Vaidhiya Lingeswarar Nagar: Rs 600 per sq.ft (2024)
• Sri Ganapathi Nagar: Rs 250 per sq.ft (2024)
• Sri Arumugam Nagar: Rs 602 per sq.ft (2024)

Stamp duty and registration fee for property in Vip City In Life On Green

For a 1,000 sq.ft plot at the current guideline value of Rs 1,493 per sq.ft, the total guideline value amounts to Rs 14,93,000. The stamp duty at 7% would be Rs 1,04,510, and the registration fee at 2% would be Rs 29,860, totaling Rs 1,34,370. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

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

Which Sub Registrar Office covers Vip City In Life On Green?

The Vip City In Life On Green property falls under 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 Kattoor

The guideline value is a crucial factor during the registration of property transactions in Kattoor. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property.

When you register a property, the guideline value helps ensure that the transaction is documented at a fair value, which is important for legal and taxation purposes. The registration office will use the guideline value to calculate the applicable fees based on the property's size and location.

Frequently asked questions

What is the current guideline value of Vip City In Life On Green?

The current guideline value of Vip City In Life On Green is Rs 1,493 per sq.ft, effective from 1 July 2024.

How has the guideline value changed recently?

The guideline value has remained unchanged at Rs 1,493 per sq.ft from the 2023 revision to the 2024 revision.

What is the land classification of Vip City In Life On Green?

The land classification for Vip City In Life On Green is Mixed Type - II.

How do I calculate the stamp duty and registration fees?

For a property valued at Rs 14,93,000, the stamp duty would be Rs 1,04,510 and the registration fee would be Rs 29,860, totaling Rs 1,34,370.

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.