Guideline Value for VIP CITY in SMA GARDEN
₹500/sq.ft.
The guideline value for Vip City In Sma Garden in Pazhayaseevaram -a village (Walajabad SRO, Chengalpattu zone) is Rs 500 per sq.ft, effective 1 July 2024. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.
Last updated:
Chengalpattu
Zone
Pazhayaseevaram -a
Village
Walajabad
SRO
Residential Class I Type - I
History
| Period | Guideline Value |
|---|---|
| From 1-7-2024 | ₹500 /sq.ft. |
| From 1-4-2023 | ₹500 /sq.ft. |
| From 9-6-2017 To 31-3-2023 | ₹335 /sq.ft. |
| 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
DRO (District Registrar Office)
No.52 Orikkai Madhura, Udhayamangulam Village, Near Anna Kudiyiruppu, Kanchipuram-631502
044-27236674
[email protected], [email protected]
Records for a plot on Vip City In Sma Garden
- 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
- Walajabad 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 SMA GARDEN guideline value
The current guideline value of VIP CITY in SMA GARDEN is Rs 500 per sq.ft. This property is located in Pazhayaseevaram -A village, under the Walajabad SRO, and falls under the Residential Class I Type - I land classification.
How the guideline value of VIP CITY in SMA GARDEN has changed
The guideline value for VIP CITY in SMA GARDEN has undergone several revisions since 2017. The 2017 revision set the guideline value at Rs 335 per sq.ft. This figure remained unchanged in the subsequent 2023 revision, which also recorded Rs 500 per sq.ft. The latest revision in 2024 confirmed the guideline value at Rs 500 per sq.ft, indicating no change from the previous year.
Between the 2017 and 2023 revisions, the guideline value increased by 49%. Overall, from 2017 to 2024, there has been a 49% increase in the guideline value, reflecting a consistent value since 2023.
Guideline values in Pazhayaseevaram -A
Pazhayaseevaram -A has a total of 26 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 500 per sq.ft. The median guideline value in this village is Rs 350 per sq.ft, placing VIP CITY in SMA GARDEN above that median.
- Unnamed Layout (Farmsite): Rs 400 per sq.ft (2024)
- Temple Meadows: Rs 500 per sq.ft (2024)
- Sri Varadharaja Avenue: Rs 400 per sq.ft (2024)
- sriSRIARUNACHALACITY PHASE-IV: Rs 400 per sq.ft (2024)
- Sri Sai Nagar: Rs 350 per sq.ft (2024)
- Sri Lakshmi Narasimmar Nagar: Rs 250 per sq.ft (2024)
Stamp duty and registration fee for property in VIP CITY in SMA GARDEN
For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, totaling Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value and 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 SMA GARDEN?
The VIP CITY in SMA GARDEN is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more information.
How the guideline value is used when you buy or sell in Pazhayaseevaram -A
The guideline value plays a crucial role in the registration process when buying or selling property in Pazhayaseevaram -A. It serves as a benchmark for calculating stamp duty and registration fees, which are mandatory for property transactions.
When a property is registered, the guideline value is used to determine the applicable duties, ensuring that all transactions adhere to the regulatory framework set by the Registration Department.
Frequently asked questions
What is the current guideline value of VIP CITY in SMA GARDEN?
The current guideline value of VIP CITY in SMA GARDEN is Rs 500 per sq.ft, effective from 1 July 2024.
How has the guideline value changed over the years?
The guideline value has remained at Rs 500 per sq.ft since 2023, showing a 49% increase from Rs 335 per sq.ft in 2017.
What is the registration office for VIP CITY in SMA GARDEN?
The registration office for VIP CITY in SMA GARDEN is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.
How is stamp duty calculated for properties in this area?
Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 5,00,000, the stamp duty at 7% would be Rs 35,000.
What are the other streets in Pazhayaseevaram -A?
Other streets in Pazhayaseevaram -A include Unnamed Layout (Farmsite), Temple Meadows, Sri Varadharaja Avenue, sriSRIARUNACHALACITY PHASE-IV, Sri Sai Nagar, and Sri Lakshmi Narasimmar Nagar, with varying guideline values.
Ask the records, or walk the map.
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