Guideline Value for Ahamed Moideeen Street

Ahamed Moideeen Street guideline value

The current guideline value of Ahamed Moideeen Street is Rs 1,200 per sq.ft, effective from 1 July 2024. This street is located in Sriperumbudur A village, under the Sriperumpudur SRO, and is classified as Residential Class I Type - I.

How the guideline value of Ahamed Moideeen Street has changed

The guideline value for Ahamed Moideeen Street has undergone several revisions since 2017. In the 2017 revision, the guideline value was Rs 804 per sq.ft. This figure remained unchanged in the 2023 revision, which also recorded Rs 1,200 per sq.ft. The latest revision in 2024 keeps the guideline value at Rs 1,200 per sq.ft, reflecting no change from the previous year. For the years 2002, 2003, 2007, and 2012, the register has no figure for this street.

Between the revisions, the most significant change occurred from 2017 to 2023, which saw an increase of 49%. Overall, from 2017 to 2024, the guideline value has also increased by 49%, indicating a consistent valuation since 2023.

Guideline values in Sriperumbudur A

In Sriperumbudur A, there are 238 streets under the Sriperumpudur SRO that carry a 2024 guideline value, ranging from Rs 400 to Rs 3,000 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing Ahamed Moideeen Street's 2024 figure above this median.

• Agobilamada Lane: Rs 700 per sq.ft (2024)
• Akshaya Town: Rs 1,000 per sq.ft (2024)
• Alamel Avenue: Rs 800 per sq.ft (2024)
• Adhilakshmi nagar: Rs 700 per sq.ft (2024)
• Adhikesava Perumal Nagar: Rs 700 per sq.ft (2024)
• A L S Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Ahamed Moideeen Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value would be Rs 12,00,000. The stamp duty at 7% would amount to Rs 84,000, and the registration fee at 2% would be Rs 24,000, bringing the total fees together to Rs 1,08,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Ahamed Moideeen Street?

Ahamed Moideeen Street falls under the jurisdiction of the Sriperumpudur Sub Registrar Office, located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Sriperumbudur A. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the transaction is officially recorded.

Frequently asked questions

What is the current guideline value of Ahamed Moideeen Street?

The current guideline value of Ahamed Moideeen Street is Rs 1,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 1,200 per sq.ft since the 2023 revision. It increased from Rs 804 per sq.ft in 2017 to Rs 1,200 per sq.ft in 2023, marking a 49% increase over that period.

What is the land classification for Ahamed Moideeen Street?

Ahamed Moideeen Street is classified as Residential Class I Type - I, indicating its suitability for residential development.

Where can I find the Sub Registrar Office for Ahamed Moideeen Street?

The Sub Registrar Office covering Ahamed Moideeen Street is located at 27, Chetty Street, Sriperumpudur-602 105, Chengalpattu registration zone.

How is stamp duty calculated for properties in Ahamed Moideeen Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 12,00,000, the stamp duty would be Rs 84,000 at 7%.