Guideline Value for Moulana Nagar 10th Street

Moulana Nagar 10th Street guideline value

The current guideline value of Moulana Nagar 10th Street in Kadaperi village is Rs 1,650 per sq.ft, effective from 1 July 2024. This street falls under the Tambaram Joint 1 SRO and is classified as Residential Class I Type - II.

How the guideline value of Moulana Nagar 10th Street has changed

The guideline value for Moulana Nagar 10th Street has seen several revisions over the years. The 2007 revision set the value at Rs 600 per sq.ft, which increased significantly to Rs 1,500 per sq.ft in 2012. However, there was a decrease to Rs 1,005 per sq.ft in 2017. The value then rose sharply to Rs 1,500 per sq.ft in 2023, and most recently, it has reached Rs 1,650 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

In summary, from the 2007 revision to the 2024 revision, the guideline value has increased by 175%. The revisions from 2012 to 2017 reflect a decrease of 33%, while the jump from 2017 to 2023 shows a significant increase of 49%. The register does not contain figures for the years 2002 and 2003 for this street.

Guideline values in Kadaperi

In Kadaperi, there are 142 streets under the Tambaram Joint 1 SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 7,700 per sq.ft. The median value for these streets is Rs 1,650 per sq.ft, which aligns with the current guideline value of Moulana Nagar 10th Street.

• Moulana Nagar 1st Street: Rs 1,650 per sq.ft (2024)
• Moulana Nagar 2nd Street: Rs 1,650 per sq.ft (2024)
• Moulana Nagar 3rd Street: Rs 1,650 per sq.ft (2024)
• Moulana Nagar 4th Street: Rs 1,650 per sq.ft (2024)
• Moulana Nagar 5th Street: Rs 1,650 per sq.ft (2024)
• Moulana Nagar 6th Street: Rs 1,650 per sq.ft (2024)

Stamp duty and registration fee for property in Moulana Nagar 10th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,650 per sq.ft, the total guideline value amounts to Rs 16,50,000. The stamp duty, charged at 7%, would be Rs 1,15,500, while the registration fee at 2% would be Rs 33,000. Together, the total cost for stamp duty and registration fee would be Rs 1,48,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Moulana Nagar 10th Street?

The Moulana Nagar 10th Street falls under the Tambaram Joint 1 Sub Registrar Office, located at No.26, Mes Road, East Tambaram, Chennai-600059, in the Chengalpattu registration zone. You can find your SRO for more information.

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

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

When a property is registered, the guideline value is used to assess the official value of the property, ensuring that the correct fees are applied. It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Moulana Nagar 10th Street?

The current guideline value of Moulana Nagar 10th Street is Rs 1,650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several revisions, starting from Rs 600 per sq.ft in 2007 to Rs 1,650 per sq.ft in 2024, representing an overall increase of 175% over the years.

What are the stamp duty and registration fees for properties in Moulana Nagar 10th Street?

For a property valued at Rs 16,50,000, the stamp duty is Rs 1,15,500 and the registration fee is Rs 33,000, totaling Rs 1,48,500.

Which Sub Registrar Office covers the Moulana Nagar 10th Street?

The Tambaram Joint 1 Sub Registrar Office covers Moulana Nagar 10th Street, located at No.26, Mes Road, East Tambaram, Chennai-600059.

What is the land classification of Moulana Nagar 10th Street?

Moulana Nagar 10th Street is classified as Residential Class I Type - II, indicating its suitability for residential development.