Guideline Value for VLC KAMBAR NAGAR PHASE-I

Vlc Kambar Nagar Phase-I guideline value

The current guideline value of Vlc Kambar Nagar Phase-I is Rs 3,440 per sq.ft, effective from 1 July 2024. This property is located in Kunrathour-B village, under the Kunrathur SRO, and falls under the Residential Class III Type - V land classification.

How the guideline value of Vlc Kambar Nagar Phase-I has changed

The guideline value for Vlc Kambar Nagar Phase-I has remained consistent at Rs 3,440 per sq.ft since the 2023 revision. The 2024 revision, effective from 1 July 2024, also lists the guideline value at Rs 3,440 per sq.ft, indicating no change between these two years.

For the years prior to 2023, the register has no figure for this street for the revisions in 2017, 2012, 2007, 2003, and 2002.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO with a 2024 guideline value range from Rs 660 to Rs 5,130 per sq.ft. The median guideline value in this area is Rs 1,540 per sq.ft, placing Vlc Kambar Nagar Phase-I's 2024 figure above this median.

• Vlc Kambar Nagar: Rs 3,440 per sq.ft (2024)
• Vlc Dhanapal Nagar: Rs 2,460 per sq.ft (2024)
• Vlc Karuppasamy Nagar: Rs 4,580 per sq.ft (2024)
• Vishal Nagar Phase I: Rs 1,540 per sq.ft (2024)
• Vishal Nagar Annexe: Rs 1,540 per sq.ft (2024)
• Vishal Nagar: Rs 1,540 per sq.ft (2024)

Stamp duty and registration fee for property in Vlc Kambar Nagar Phase-I

For a 1,000 sq.ft plot at the current guideline value of Rs 3,440 per sq.ft, the total guideline value would be Rs 34,40,000. The stamp duty at 7% would amount to Rs 2,40,800, and the registration fee at 2% would be Rs 68,800, leading to a total cost of Rs 3,09,600. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vlc Kambar Nagar Phase-I?

The Sub Registrar Office that covers Vlc Kambar Nagar Phase-I is 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-B

The guideline value is a crucial factor when registering property transactions in Kunrathour-B. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring transparency and fairness in property dealings.

When buying or selling property, the guideline value is used to calculate the applicable stamp duty and registration fees. These fees are based on the guideline value or the sale price, whichever is higher, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Vlc Kambar Nagar Phase-I?

The current guideline value of Vlc Kambar Nagar Phase-I is Rs 3,440 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 3,440 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What are the stamp duty and registration fees for properties in Vlc Kambar Nagar Phase-I?

For a property valued at Rs 34,40,000, the stamp duty would be Rs 2,40,800, and the registration fee would be Rs 68,800, totaling Rs 3,09,600.

Which Sub Registrar Office covers Vlc Kambar Nagar Phase-I?

The Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069, covers Vlc Kambar Nagar Phase-I.

What is the land classification of Vlc Kambar Nagar Phase-I?

Vlc Kambar Nagar Phase-I falls under the Residential Class III Type - V land classification, indicating its suitability for residential development.