Guideline Value for VIT VIRUDHA

Vit Virudha guideline value

The current guideline value of Vit Virudha is Rs 1,500 per sq.ft, as per the 2023 revision. This area is located in Kizhakottyur village and falls under the Gooduvancheri SRO. The land classification for this street is Commercial Class I Type - I.

How the guideline value of Vit Virudha has changed

According to the register, the guideline value for Vit Virudha has remained unchanged since the 2023 revision, which is Rs 1,500 per sq.ft. There are no figures available for the years 2024, 2017, 2012, 2007, 2003, and 2002 in the register for this street.

As such, the only revision that provides a guideline value for Vit Virudha is the 2023 revision, which shows a consistent rate with no changes noted in the previous revisions. This indicates stability in the guideline value for this particular street.

Guideline values in Kizhakottyur

Currently, there are no specific village figures available for Kizhakottyur. Vit Virudha is the only street mentioned under the Gooduvancheri SRO, and there are no other streets in Kizhakottyur provided in the available data.

Stamp duty and registration fee for property in Vit Virudha

For a 1,000 sq.ft plot at the current guideline value of Rs 1,500 per sq.ft, the total guideline value amounts to Rs 15,00,000. The stamp duty is charged at 7%, totaling Rs 1,05,000, while the registration fee is charged at 2%, amounting to Rs 30,000. Together, the total cost for stamp duty and registration fee would be Rs 1,35,000. It's important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Vit Virudha?

The Gooduvancheri Sub Registrar Office covers Vit Virudha. The office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, Chengalpattu registration zone.

To find more details about your specific SRO, visit find your SRO.

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

The guideline value is a crucial factor in the registration process of property transactions in Kizhakottyur. It serves as the minimum value on which stamp duty and registration fees are calculated, ensuring that the transaction is recorded accurately and legally.

When buying or selling property, the guideline value helps determine the financial obligations associated with the transaction. Buyers should be aware that the stamp duty and registration fees are based on the guideline value or the sale price, whichever is higher, ensuring compliance with local regulations.

Frequently asked questions

What is the current guideline value of Vit Virudha?

The current guideline value of Vit Virudha is Rs 1,500 per sq.ft, as per the 2023 revision.

What is the land classification of Vit Virudha?

Vit Virudha is classified as Commercial Class I Type - I, indicating its designation for commercial use.

Have there been any changes in the guideline value for Vit Virudha?

No changes have been noted in the guideline value for Vit Virudha since the 2023 revision, which remains at Rs 1,500 per sq.ft.

Where is the Gooduvancheri Sub Registrar Office located?

The Gooduvancheri Sub Registrar Office is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri-603202, in the Chengalpattu registration zone.

How is stamp duty calculated for properties in Vit Virudha?

Stamp duty for properties in Vit Virudha is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 1,05,000.