Guideline Value for VISHNUPRIYA AVENUE PHASE -III

Vishnupriya Avenue Phase -III guideline value

The current guideline value of Vishnupriya Avenue Phase -III is Rs 1,650 per sq.ft. This property is located in Ninna Karai village, under the Chengleput Joint II SRO, classified as Residential Special Type - IV.

How the guideline value of Vishnupriya Avenue Phase -III has changed

The guideline value for Vishnupriya Avenue Phase -III has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 1,500 per sq.ft, which increased by 10% to Rs 1,650 per sq.ft in the 2024 revision.

This increase reflects the adjustments made in the guideline values over time. The most recent revision in 2024 marks a significant change from the previous year, indicating a rise in the value of properties in this area.

Guideline values in Ninna Karai

Ninna Karai village has a total of 449 streets under the Chengleput Joint II SRO, with guideline values ranging from Rs 440 to Rs 3,500 per sq.ft. The median guideline value for these streets is Rs 1,100 per sq.ft, placing Vishnupriya Avenue Phase -III above this median.

• Vishnupriya Avenue Phase -II: Rs 1,650 per sq.ft (2024)
• Vishnupriya Avenue Phase -I: Rs 1,650 per sq.ft (2024)
• Vishnupriya Avenue (Ward -2): Rs 1,650 per sq.ft (2024)
• Vip Enclave: Rs 1,760 per sq.ft (2024)
• Vivekananda Nagar (Ward -18): Rs 1,100 per sq.ft (2024)
• V.O.C Street (Ward -8): Rs 1,321 per sq.ft (2024)

Stamp duty and registration fee for property in Vishnupriya Avenue Phase -III

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty at 7% would be Rs 1,15,500, and the registration fee at 2% would be Rs 33,000, bringing the total fees together to Rs 1,48,500. Duty is charged on the higher of the guideline value and the sale price.

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

Which Sub Registrar Office covers Vishnupriya Avenue Phase -III?

The Sub Registrar Office that covers Vishnupriya Avenue Phase -III is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone.

You can find your SRO for more information.

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

The guideline value is a critical factor when registering properties in Ninna Karai. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction process.

Frequently asked questions

What is the current guideline value for Vishnupriya Avenue Phase -III?

The current guideline value for Vishnupriya Avenue Phase -III is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vishnupriya Avenue Phase -III was Rs 1,500 per sq.ft in 2023, which increased by 10% to Rs 1,650 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Vishnupriya Avenue Phase -III?

The land classification for Vishnupriya Avenue Phase -III is Residential Special Type - IV, indicating its use for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 16,50,000, the stamp duty would be Rs 1,15,500 and the registration fee would be Rs 33,000, totaling Rs 1,48,500. These fees are calculated based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this property?

The Chengleput Joint II Sub Registrar Office is located at 10, Kancheepuram Main Road, Chengalpattu 603 002. You can find more information by visiting the appropriate link.