Guideline Value for Attrangarai Street

Attrangarai Street guideline value

The current guideline value of Attrangarai Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in 1. Nolambur village under the Villivakkam SRO and is classified as Residential Class III Type - I.

How the guideline value of Attrangarai Street has changed

The guideline value for Attrangarai Street has seen several revisions over the years. The 2017 revision set the value at Rs 2,010 per sq.ft, which increased to Rs 3,000 per sq.ft in the 2023 revision, marking a significant rise of 49%. The most recent revision in 2024 raised the guideline value further to Rs 3,300 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Guideline values in 1. Nolambur

In 1. Nolambur, there are 73 streets under the Villivakkam SRO with a guideline value for 2024 ranging from Rs 3,300 to Rs 8,800 per sq.ft. The median guideline value for these streets is Rs 7,100 per sq.ft, making Attrangarai Street's value below that median.

• Aura Nandanandana: Rs 4,355 per sq.ft (2024)
• Annamalai Avenue: Rs 7,100 per sq.ft (2024)
• Abinayam Phase I & II: Rs 7,100 per sq.ft (2024)
• Chinnanolambur & Other Street: Rs 3,300 per sq.ft (2024)
• Church Street: Rs 3,300 per sq.ft (2024)
• Citilights Meadows: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Attrangarai Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Attrangarai Street?

The Sub Registrar Office covering Attrangarai Street is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office. You can find your SRO for more information.

How the guideline value is used when you buy or sell in 1. Nolambur

The guideline value is a crucial factor in property transactions in 1. Nolambur, as it determines the minimum value at which properties can be registered. When you buy or sell property, the registration office uses the guideline value to calculate the applicable stamp duty and registration fees.

Additionally, the guideline value serves as a benchmark for the sale price of properties in the area. Buyers and sellers should be aware of the current guideline value to ensure compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Attrangarai Street?

The current guideline value of Attrangarai Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 2,010 per sq.ft in 2017 to Rs 3,300 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the stamp duty and registration fees for properties in Attrangarai Street?

For a property valued at Rs 33,00,000, the stamp duty would be Rs 2,31,000 and the registration fee would be Rs 66,000, totaling Rs 2,97,000.

Which Sub Registrar Office covers Attrangarai Street?

The Villivakkam Sub Registrar Office covers Attrangarai Street, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What is the land classification of Attrangarai Street?

Attrangarai Street is classified as Residential Class III Type - I, indicating its suitability for residential development.