Guideline Value for MOSES ST

Moses St guideline value

The current guideline value of Moses St in Vilingiyambakkam village is Rs 1,310 per sq.ft, effective from 1 July 2024. This street falls under the Avadi SRO and is classified as Residential Class III Type - I.

How the guideline value of Moses St has changed

The guideline value for Moses St has undergone several revisions over the years. The 2012 revision set the value at Rs 1,200 per sq.ft, which then decreased to Rs 804 per sq.ft in the 2017 revision. Following that, the 2023 revision increased the value to Rs 1,200 per sq.ft, and the latest revision in 2024 raised it to Rs 1,310 per sq.ft. Notably, there are no figures available for the years 2002, 2003, and 2007.

From the 2012 revision to the 2024 revision, the overall change is an increase of 9%. The change from 2017 to 2023 reflects a significant increase of 49%, while the change from 2012 to 2017 shows a decrease of 33%.

Guideline values in Vilingiyambakkam

In Vilingiyambakkam, there are 252 streets under the Avadi SRO that carry a 2024 guideline value ranging from Rs 800 to Rs 4,400 per sq.ft. The median value for these streets is Rs 935 per sq.ft, placing Moses St's 2024 figure above this median.

• Moses 1st Cross St: Rs 1,310 per sq.ft (2024)
• M.R.F.Nagar: Rs 935 per sq.ft (2024)
• M.T.H.Road: Rs 1,320 per sq.ft (2024)
• M.T.H Road (Commercial): Rs 1,590 per sq.ft (2024)
• M.T.H Road (Residential): Rs 1,590 per sq.ft (2024)
• Mullai St: Rs 1,310 per sq.ft (2024)

Stamp duty and registration fee for property in Moses St

For a 1,000 sq.ft plot at the current guideline value of Rs 1,310 per sq.ft, the total guideline value amounts to Rs 13,10,000. The stamp duty at 7% would be Rs 91,700, and the registration fee at 2% would be Rs 26,200, bringing the total to Rs 1,17,900. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Moses St?

The Sub Registrar Office that covers Moses St is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in property transactions in Vilingiyambakkam. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when buying or selling property.

When registering a property, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Moses St?

The current guideline value of Moses St is Rs 1,310 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,200 per sq.ft in 2012 to Rs 804 per sq.ft in 2017, then increased to Rs 1,200 per sq.ft in 2023, and finally to Rs 1,310 per sq.ft in 2024.

What are the stamp duty and registration fees for property in Moses St?

For a property valued at Rs 13,10,000, the stamp duty would be Rs 91,700 and the registration fee would be Rs 26,200, totaling Rs 1,17,900.

Which Sub Registrar Office covers Moses St?

The Avadi Sub Registrar Office covers Moses St, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.

What is the land classification of Moses St?

Moses St is classified as Residential Class III Type - I, which indicates its use for residential purposes.