Guideline Value for VIP CITY IN LIFE ON GREEN
₹1100/sq.ft.
The guideline value for Vip City In Life On Green in Thandalam village (Thiruporur SRO, Chengalpattu zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Mixed Type - Ii. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Thandalam
Village
Thiruporur
SRO
Mixed Type - II
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹1100 /sq.ft. |
| From 1-4-2023 | ₹1000 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | N/A |
| From 1-4-2012 To 8-6-2017 | N/A |
| From 1-8-2007 To 31-3-2012 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
Guideline Value Timeline
Guideline Value Comparison
SRO (Sub Registrar Office)
No.29, South Mada Street, Thiruporur-603110
044-27445228
[email protected]
DRO (District Registrar Office)
No.10, Kancheepuram High Road, Chengalpet - 603002
044-27423692
[email protected], [email protected]
Records for a plot on Vip City In Life On Green
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Thiruporur sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Vip City In Life On Green guideline value
The current guideline value of Vip City In Life On Green in Thandalam village is Rs 1,100 per sq.ft, effective from 1 July 2024. This property falls under the Thiruporur SRO and is 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 seen several revisions over the years. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, which is an increase from Rs 1,000 per sq.ft in the 2023 revision, marking a change of +10%. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.
In summary, the guideline value has increased from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024. The previous revisions do not provide any figures for this street, indicating that the value has been established only recently.
Guideline values in Thandalam
In Thandalam, there are 26 streets under the Thiruporur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 3,275 per sq.ft, with a median value of Rs 1,650 per sq.ft. The guideline value of Vip City In Life On Green is below this median.
- The Ritz Avenue: Rs 1,650 per sq.ft (2024)
- Sun Shine Avenue Ph II: Rs 886 per sq.ft (2024)
- Sunshine Avenue: Rs 1,320 per sq.ft (2024)
- Sri Ram Nagar: Rs 1,100 per sq.ft (2024)
- Sri Agathiyar Avenue: Rs 770 per sq.ft (2024)
- Palm Avenue: Rs 1,100 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 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, resulting in a total cost of Rs 99,000. It is important to note that 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 Vip City In Life On Green?
The Vip City In Life On Green property is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. To find your SRO, you can visit find your SRO.
How the guideline value is used when you buy or sell in Thandalam
The guideline value plays a crucial role in the registration process of property transactions in Thandalam. It is used to determine the stamp duty and registration fees that need to be paid during the transfer of property ownership.
When a property is bought or sold, the guideline value is referenced to ensure that the appropriate taxes are levied. This helps maintain transparency in property transactions and ensures compliance with local regulations.
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 1,100 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has changed from Rs 1,000 per sq.ft in 2023 to Rs 1,100 per sq.ft in 2024. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.
What is the median guideline value in Thandalam?
The median guideline value in Thandalam is Rs 1,650 per sq.ft for the year 2024, while the guideline value for Vip City In Life On Green is below this median.
What are the stamp duty and registration fees for properties in this area?
The stamp duty is charged at 7%, and the registration fee is 2% of the guideline value or sale price, whichever is higher. For a property valued at Rs 11,00,000, the total fees would amount to Rs 99,000.
Where can I find the Sub Registrar Office for this property?
The Sub Registrar Office covering Vip City In Life On Green is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO using the provided link.
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