Guideline Value for MOULI KRISHNA GARDEN

Mouli Krishna Garden guideline value

The current guideline value of Mouli Krishna Garden, located in Uthukadu-B village under the Walajabad SRO, is Rs 350 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - I land classification.

How the guideline value of Mouli Krishna Garden has changed

In the 2024 revision, the guideline value for Mouli Krishna Garden is set at Rs 350 per sq.ft, which is the same as the 2023 revision. There has been no change in the guideline value from 2023 to 2024, reflecting a stable valuation for this street.

Prior to the 2023 and 2024 revisions, the register has no figures for Mouli Krishna Garden in the years 2017, 2012, 2007, 2003, and 2002. Therefore, the only available figures are from the 2023 and 2024 revisions, both at Rs 350 per sq.ft.

Guideline values in Uthukadu-B

In Uthukadu-B, there are 33 streets under the Walajabad SRO that carry a 2024 guideline value, ranging from Rs 200 to Rs 1,500 per sq.ft. The median value for these streets is Rs 400 per sq.ft, making the guideline value of Mouli Krishna Garden below the median.

• Mahalakshmi Nagar: Rs 350 per sq.ft (2024)
• Kumaran Nagar: Rs 300 per sq.ft (2024)
• Rajalakshmi Nagar: Rs 300 per sq.ft (2024)
• J.S. Nagar Phase -II: Rs 800 per sq.ft (2024)
• Sangeetha Nagar: Rs 350 per sq.ft (2024)
• G S Avenue: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Mouli Krishna Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 350 per sq.ft, the total guideline value amounts to Rs 3,50,000. The stamp duty at 7% would be Rs 24,500, and the registration fee at 2% would be Rs 7,000, resulting in a total of Rs 31,500. 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 the stamp duty and registration fee calculator for more details on fees applicable to your property transaction.

Which Sub Registrar Office covers Mouli Krishna Garden?

The Mouli Krishna Garden area is covered by the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. For more information, you can find your SRO.

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

The guideline value is a crucial factor when registering property transactions in Uthukadu-B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the property registration process.

When a buyer purchases property, the guideline value is used to calculate the applicable stamp duty, ensuring that the fees are based on an official valuation rather than the sale price alone. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value of Mouli Krishna Garden?

The current guideline value of Mouli Krishna Garden is Rs 350 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Mouli Krishna Garden has remained the same at Rs 350 per sq.ft from 2023 to 2024. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the median guideline value in Uthukadu-B?

The median guideline value for streets in Uthukadu-B is Rs 400 per sq.ft. The guideline value of Mouli Krishna Garden is below this median.

What are the stamp duty and registration fees for property transactions?

For a property valued at Rs 3,50,000, the stamp duty would be Rs 24,500 and the registration fee would be Rs 7,000, totaling Rs 31,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for Mouli Krishna Garden?

The Walajabad Sub Registrar Office covers Mouli Krishna Garden and is located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.