Guideline Value for Kela Attrankarai Street

Kela Attrankarai Street guideline value

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

How the guideline value of Kela Attrankarai Street has changed

The guideline value for Kela Attrankarai Street has undergone several revisions over the years. The earliest available figure is from the 2017 revision, which was Rs 27 per sq.ft. This figure increased significantly to Rs 100 per sq.ft in the 2023 revision, marking a 270% increase. The current 2024 revision shows a further increase to Rs 103 per sq.ft, which is a 3% rise from the previous year.

There are no figures available for the years 2002, 2003, 2007, and 2012 for Kela Attrankarai Street. Overall, from 2017 to 2024, 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 the median being Rs 103 per sq.ft. Kela Attrankarai Street's 2024 figure aligns with this median.

• Keela Street: Rs 103 per sq.ft (2024)
• Kudiyana Street: Rs 103 per sq.ft (2024)
• Little India: Rs 115 per sq.ft (2024)
• Mela theru: Rs 103 per sq.ft (2024)
• Harijana Street: Rs 103 per sq.ft (2024)
• Nadu Attrankarai Street: Rs 103 per sq.ft (2024)

Stamp duty and registration fee for property in Kela 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, making the total cost for these charges 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 use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Kela Attrankarai Street?

The Kela Attrankarai Street falls under the jurisdiction of 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 is a crucial factor in the registration process when buying or selling property in Karasangal. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these costs are calculated fairly based on the property's value.

When you register a property, the guideline value is compared with the sale price, and the higher amount is used to calculate the applicable fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Kela Attrankarai Street?

The current guideline value of Kela 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 changed from Rs 27 per sq.ft in 2017 to Rs 103 per sq.ft in 2024, representing an overall increase of 281% over this period.

What are the stamp duty and registration fees for properties on this street?

For a property of 1,000 sq.ft at the current guideline value, the total stamp duty and registration fees would amount to Rs 9,270, based on the guideline value of Rs 1,03,000.

Which office handles property registration for Kela Attrankarai Street?

The Acchirapakkam Sub Registrar Office handles property registration for Kela Attrankarai Street, located at No.70, Bazzar Street, Acchirapakkam-603301, Chengalpattu registration zone.

Are there other streets with similar guideline values in Karasangal?

Yes, there are several other streets in Karasangal with similar guideline values. For instance, Keela Street, Kudiyana Street, Mela theru, and Harijana Street all have a guideline value of Rs 103 per sq.ft in 2024.