Guideline Value for VJ GARDEN

Vj Garden guideline value

The current guideline value of Vj Garden in Melakottyur village, under the Gooduvancheri SRO, is Rs 1,800 per sq.ft, as per the 2023 revision. The land classification for this area is Mixed Special Type - I.

How the guideline value of Vj Garden has changed

In the 2017 revision, the guideline value for Vj Garden was Rs 1,800 per sq.ft. This figure remained unchanged in the 2023 revision, indicating a 0% change over the six-year period. The register has no figures for the revisions in 2002, 2003, 2007, 2012, and 2024.

Thus, the only recorded guideline values for Vj Garden are Rs 1,800 per sq.ft for both the 2017 and 2023 revisions. The absence of figures for the other years indicates stability in the guideline value during this period.

Guideline values in Melakottyur

Currently, there are no specific village figures provided for Melakottyur. Vj Garden is situated within this village, which falls under the jurisdiction of the Gooduvancheri SRO.

Stamp duty and registration fee for property in Vj Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,800 per sq.ft, the guideline value amounts to Rs 18,00,000. The stamp duty, calculated at 7%, would be Rs 1,26,000, and the registration fee at 2% would be Rs 36,000, bringing the total to Rs 1,62,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Vj Garden?

The Sub Registrar Office that covers Vj Garden is the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvancheri - 603202, 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 Melakottyur

The guideline value is a crucial factor in the registration process for property transactions in Melakottyur. It serves as a benchmark for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When registering a property, buyers must pay the stamp duty based on the higher amount between the guideline value and the sale price. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Vj Garden?

The current guideline value of Vj Garden is Rs 1,800 per sq.ft, as per the 2023 revision.

How often does the guideline value change?

The guideline value can change with each revision, which occurs periodically. For Vj Garden, the last revisions were in 2017 and 2023, with no change in value between these years.

What is the stamp duty rate in Vj Garden?

The stamp duty rate for properties in Vj Garden is 7% of the guideline value or the sale price, whichever is higher.

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, Chengalpattu registration zone.

Are there other streets in Melakottyur with guideline values?

Currently, there are no other streets in Melakottyur listed with specific guideline values. Vj Garden is the only street mentioned under this area.