Guideline Value for VLC BHARATHIYAR ENCLAVES

Vlc Bharathiyar Enclaves guideline value

The current guideline value for Vlc Bharathiyar Enclaves is Rs 2,630 per sq.ft, effective from 1 July 2024. This area is located in Kunrathour-A village, under the Kunrathur SRO, and is classified as Residential Special Type - IV.

How the guideline value of Vlc Bharathiyar Enclaves has changed

The guideline value for Vlc Bharathiyar Enclaves has seen several revisions over the years. The 2017 revision set the value at Rs 1,600 per sq.ft, which increased to Rs 2,389 per sq.ft in the 2023 revision. The latest revision in 2024 raised the guideline value to Rs 2,630 per sq.ft, marking a 10% increase from 2023. Overall, the guideline value has increased by 64% from 2017 to 2024.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The increase from 2017 to 2023 was notable at 49%, reflecting significant changes in the guideline value over the years.

Guideline values in Kunrathour-A

In Kunrathour-A, there are 45 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 1,210 to Rs 5,123 per sq.ft, with a median value of Rs 1,760 per sq.ft. Vlc Bharathiyar Enclaves' 2024 figure is above this median.

• V.L.C Kakkanji Nagar: Rs 1,920 per sq.ft (2024)
• Vinayagam Avenue: Rs 2,630 per sq.ft (2024)
• Vijayaraja Nagar: Rs 1,540 per sq.ft (2024)
• The Temple Town: Rs 1,540 per sq.ft (2024)
• Temple View Garden: Rs 1,800 per sq.ft (2024)
• Sulochana Nagar: Rs 1,760 per sq.ft (2024)

Stamp duty and registration fee for property in Vlc Bharathiyar Enclaves

For a 1,000 sq.ft plot at the current guideline value of Rs 2,630 per sq.ft, the total guideline value amounts to Rs 26,30,000. The stamp duty at 7% would be Rs 1,84,100, and the registration fee at 2% would be Rs 52,600, bringing the total fees to Rs 2,36,700. It is important to note that the 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 accurate calculations.

Which Sub Registrar Office covers Vlc Bharathiyar Enclaves?

The Vlc Bharathiyar Enclaves is covered by the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-A

The guideline value is a critical component in the registration process when buying or selling property in Kunrathour-A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that transactions are conducted at fair values as per government standards.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. Buyers must be aware that these fees are based on the higher of the guideline value or the actual sale price, which can significantly impact the total cost of the transaction.

Frequently asked questions

What is the current guideline value for Vlc Bharathiyar Enclaves?

The current guideline value for Vlc Bharathiyar Enclaves is Rs 2,630 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed since 2017?

Since 2017, the guideline value has increased by 64%, rising from Rs 1,600 per sq.ft to Rs 2,630 per sq.ft in 2024.

What is the stamp duty rate for properties in Vlc Bharathiyar Enclaves?

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

Which Sub Registrar Office should I visit for property transactions in Kunrathour-A?

For property transactions in Kunrathour-A, you should visit the Kunrathur Sub Registrar Office located at No.59, Road Street, Kundrathur, Chennai -600 069.

What are the other streets in Kunrathour-A with their guideline values?

Other streets in Kunrathour-A include V.L.C Kakkanji Nagar at Rs 1,920 per sq.ft, Vinayagam Avenue at Rs 2,630 per sq.ft, Vijayaraja Nagar at Rs 1,540 per sq.ft, The Temple Town at Rs 1,540 per sq.ft, Temple View Garden at Rs 1,800 per sq.ft, and Sulochana Nagar at Rs 1,760 per sq.ft.