Guideline Value for ATTRANGARAI

Attrangarai guideline value

The current guideline value of Attrangarai is Rs 900 per sq.ft, effective from 1 July 2024. This street is located in Ponneri village, under the Ponneri SRO, and is classified as Residential Class I Type - I.

How the guideline value of Attrangarai has changed

The guideline value of Attrangarai has undergone significant changes over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 300 per sq.ft, which was then revised to Rs 900 per sq.ft in 2024, marking an increase of 200%.

Prior to the 2023 revision, there were no recorded figures for the street in the earlier years mentioned. The substantial jump from Rs 300 to Rs 900 per sq.ft in 2024 reflects a notable change in the guideline value for Attrangarai.

Guideline values in Ponneri

Ponneri village has a total of 120 streets under the Ponneri SRO, with guideline values ranging from Rs 201 to Rs 1,200 per sq.ft. The median guideline value for these streets is Rs 700 per sq.ft, placing Attrangarai's 2024 figure above this median.

• Athaualla Street: Rs 700 per sq.ft (2024)
• Atha Thulla Street: Rs 700 per sq.ft (2024)
• Avvai Street: Rs 700 per sq.ft (2024)
• Bajanai Kovil Street: Rs 1,200 per sq.ft (2024)
• Arasur Road: Rs 900 per sq.ft (2024)
• Balaji Nagar: Rs 700 per sq.ft (2024)

Stamp duty and registration fee for property in Attrangarai

For a 1,000 sq.ft plot at the current guideline value of Rs 900 per sq.ft, the total guideline value amounts to Rs 9,00,000. The stamp duty at 7% would be Rs 63,000, and the registration fee at 2% would be Rs 18,000, bringing the total fees to Rs 81,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Attrangarai?

The Sub Registrar Office that covers Attrangarai is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. For more information, you can find your SRO.

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

The guideline value plays a crucial role in the registration process of property transactions in Ponneri. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate fees based on this valuation.

When buying or selling property, the guideline value is essential for calculating stamp duty and registration fees. Buyers should be aware that these fees are based on the higher of the guideline value or the sale price, which can impact the overall cost of the transaction.

Frequently asked questions

What is the current guideline value of Attrangarai?

The current guideline value of Attrangarai is Rs 900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed in recent years?

The guideline value of Attrangarai changed from Rs 300 per sq.ft in 2023 to Rs 900 per sq.ft in 2024, reflecting a 200% increase.

What are the guideline values for other streets in Ponneri?

Other streets in Ponneri have guideline values ranging from Rs 201 to Rs 1,200 per sq.ft. For example, Athaualla Street, Atha Thulla Street, and Avvai Street are all valued at Rs 700 per sq.ft, while Bajanai Kovil Street is at Rs 1,200 per sq.ft.

What are the fees for registering property in Attrangarai?

The total fees for registering a 1,000 sq.ft plot at the current guideline value of Rs 9,00,000 would include a stamp duty of Rs 63,000 and a registration fee of Rs 18,000, totaling Rs 81,000.

Where is the Sub Registrar Office for Attrangarai located?

The Sub Registrar Office for Attrangarai is located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.