Guideline Value for Attrankarai Street

Attrankarai Street guideline value

The current guideline value of Attrankarai Street in Karasangal village, under the Acchirapakkam SRO, is Rs 103 per sq.ft, effective from 1 July 2024. This street falls under the Residential Class I Type - I land classification.

How the guideline value of Attrankarai Street has changed

The guideline value for Attrankarai Street has seen significant changes over the years. The 2017 revision set the value at Rs 27 per sq.ft, which was then revised to Rs 100 per sq.ft in 2023, marking a substantial increase of 270%. The latest revision in 2024 raised the value further to Rs 103 per sq.ft, reflecting a 3% increase from the previous year.

There are no figures available for the revisions in 2002, 2003, 2007, and 2012. Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 281%.

Guideline values in Karasangal

In Karasangal, there are 16 streets under the Acchirapakkam SRO that carry a 2024 guideline value ranging from Rs 103 to Rs 115 per sq.ft, with a median of Rs 103 per sq.ft. Attrankarai Street's 2024 figure aligns with this median value.

• Agraharam: Rs 103 per sq.ft (2024)
• Adidravidar Street: Rs 115 per sq.ft (2024)
• Harijana Street: Rs 103 per sq.ft (2024)
• Keela Street: Rs 103 per sq.ft (2024)
• Kela Attrankarai Street: Rs 103 per sq.ft (2024)
• Kudiyana Street: Rs 103 per sq.ft (2024)

Stamp duty and registration fee for property in Attrankarai Street

For a 1,000 sq.ft plot at the current guideline value of Rs 103 per sq.ft, the total guideline value would be Rs 1,03,000. The stamp duty at 7% would amount to Rs 7,210, and the registration fee at 2% would be Rs 2,060, bringing the total cost for these fees to Rs 9,270. 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 specific calculations.

Which Sub Registrar Office covers Attrankarai Street?

The Sub Registrar Office that covers Attrankarai Street is the Acchirapakkam Sub Registrar Office, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration of property transactions in Karasangal. It serves as a benchmark for determining the stamp duty and registration fees that are applicable when a property is bought or sold.

When registering a property, buyers and sellers must consider the guideline value as it often influences the final sale price and the associated costs. Accurate knowledge of the guideline value helps in ensuring compliance with local regulations during property transactions.

Frequently asked questions

What is the current guideline value of Attrankarai Street?

The current guideline value of Attrankarai Street is Rs 103 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 27 per sq.ft in 2017 to Rs 103 per sq.ft in 2024, marking an overall increase of 281% across these years.

What are the stamp duty and registration fees for property in Attrankarai Street?

For a 1,000 sq.ft plot, the total stamp duty would be Rs 7,210, and the registration fee would be Rs 2,060, totaling Rs 9,270 based on the current guideline value.

Which office handles property registrations for Attrankarai Street?

The Acchirapakkam Sub Registrar Office is responsible for property registrations in Attrankarai Street, located at No.70, Bazzar Street, Acchirapakkam-603301.

How is the guideline value determined for other streets in Karasangal?

The guideline value for other streets in Karasangal is determined by the Registration Department's guideline value register, with values ranging from Rs 103 to Rs 115 per sq.ft for the year 2024.