Guideline Value for MOAHANA MUDALI STREET

Moahana Mudali Street guideline value

The current guideline value of Moahana Mudali Street is Rs 3,200 per sq.ft, effective from 1 July 2024. This street is located in Perambur village, under the Purasaivakkam SRO, and is classified as Residential Class III Type - I.

How the guideline value of Moahana Mudali Street has changed

The guideline value for Moahana Mudali Street has seen significant changes over the years. In the 2002 revision, the value was Rs 420 per sq.ft, which increased to Rs 461 per sq.ft in 2003, marking a 10% rise. The value continued to increase, reaching Rs 600 per sq.ft in 2007, a change of 30%. By 2012, the guideline value remained at Rs 3,000 per sq.ft, and this figure stayed the same until the 2023 revision.

In 2023, the guideline value was revised to Rs 3,000 per sq.ft, and then increased to Rs 3,200 per sq.ft in the 2024 revision, reflecting a 7% increase. Overall, from 2002 to 2024, the guideline value has risen by 662%. The register has no figure for the year 2017 for this street.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, placing Moahana Mudali Street's 2024 figure above this median.

• Moahana Mudali Garden All Streets: Rs 3,200 per sq.ft (2024)
• Moahana Mudali Garden: Rs 3,200 per sq.ft (2024)
• Mohammed Ismail Street: Rs 2,700 per sq.ft (2024)
• Mkb Nagar West Avenue: Rs 5,400 per sq.ft (2024)
• Mkb Nagar Other Streets: Rs 4,300 per sq.ft (2024)
• Mkb Nagar North Avenue: Rs 5,400 per sq.ft (2024)

Stamp duty and registration fee for property in Moahana Mudali Street

For a 1,000 sq.ft plot at the current rate of Rs 3,200 per sq.ft, the guideline value amounts to Rs 32,00,000. The stamp duty at 7% would be Rs 2,24,000, and the registration fee at 2% would be Rs 64,000, totaling Rs 2,88,000. It's important to note that the duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Moahana Mudali Street?

The Sub Registrar Office covering Moahana Mudali Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process of property transactions in Perambur. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is bought or sold, the guideline value helps ensure that the transaction is recorded accurately, reflecting the current market conditions. This is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value of Moahana Mudali Street?

The current guideline value of Moahana Mudali Street is Rs 3,200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 420 per sq.ft in 2002 to Rs 3,200 per sq.ft in 2024, reflecting an overall increase of 662% over the years.

What is the registration office for Moahana Mudali Street?

The registration office for Moahana Mudali Street is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is the stamp duty calculated for properties in Moahana Mudali Street?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at Rs 3,200 per sq.ft would incur a stamp duty of Rs 2,24,000.

What are the other streets in Perambur with guideline values?

Other streets in Perambur include Moahana Mudali Garden All Streets and Moahana Mudali Garden, both at Rs 3,200 per sq.ft, as well as Mohammed Ismail Street at Rs 2,700 per sq.ft, among others.