Guideline Value for VLC KAMBAR NAGAR

Vlc Kambar Nagar guideline value

The current guideline value for Vlc Kambar Nagar is Rs 3,440 per sq.ft, effective from 1 July 2024. This area is located in Kunrathour-B village under the Kunrathur SRO, classified as Residential Class III Type - V.

How the guideline value of Vlc Kambar Nagar has changed

The guideline value for Vlc Kambar Nagar was last revised in 2024 to Rs 3,440 per sq.ft. The register has no figure for this street for the years 2023, 2017, 2012, 2007, 2003, and 2002.

There have been no changes between the revisions above, indicating a stable guideline value for this street since the last revision.

Guideline values in Kunrathour-B

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

• Vlc Kambar Nagar Phase-I: 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

For a 1,000 sq.ft plot at the current guideline value of Rs 3,440 per sq.ft, the total guideline value amounts to Rs 34,40,000. The stamp duty at 7% would be Rs 2,40,800, and the registration fee at 2% would be Rs 68,800, making the total costs together Rs 3,09,600. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Vlc Kambar Nagar?

The Sub Registrar Office that covers Vlc Kambar Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. To find your SRO, you can visit find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Kunrathour-B. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property sales.

When buying or selling property, the guideline value is used to determine the minimum value for which the property can be registered. This helps in maintaining transparency in property transactions and prevents undervaluation.

Frequently asked questions

What is the current guideline value for Vlc Kambar Nagar?

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

How has the guideline value changed over the years?

The guideline value for Vlc Kambar Nagar was last revised in 2024. The register has no figures for the years 2023, 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Vlc Kambar Nagar?

Vlc Kambar Nagar is classified as Residential Class III Type - V, indicating its intended use for residential purposes.

What are the stamp duty and registration fees for property in Vlc Kambar Nagar?

The stamp duty is calculated at 7% of the guideline value, and the registration fee is 2%. For example, a 1,000 sq.ft plot would incur a total cost of Rs 3,09,600 for these fees.

Where is the Sub Registrar Office for Vlc Kambar Nagar located?

The Kunrathur Sub Registrar Office is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles the registration of properties in this area.