Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for SRI BALAJI NAGAR EAST (KALLIKUPPAM) 5,6,7 STREET

₹2100/sq.ft.

The guideline value for Sri Balaji Nagar East (kallikuppam) 5,6,7 Street in Korattur village (Villivakkam SRO, Chennai zone) is Rs 2100 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Korattur

Village

Villivakkam

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2100 /sq.ft.
From 1-4-2023 N/A
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 ( Near By Nolambur Eb Office )
044-29561092
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Sri Balaji Nagar East (kallikuppam) 5,6,7 Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street guideline value

The current guideline value for Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street is Rs 2,100 per sq.ft, effective from 1 July 2024. This street is located in Korattur village and falls under the Villivakkam SRO. The land classification for this area is Residential Class III Type - I.

How the guideline value of Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street has changed

In the 2012 revision, the guideline value was Rs 2,000 per sq.ft. This was followed by a decrease to Rs 1,340 per sq.ft in the 2017 revision, marking a decline of 33%. However, the most recent revision in 2024 saw an increase to Rs 2,100 per sq.ft, representing a significant increase of 57% from the 2017 figure.

Overall, from the 2012 revision to the 2024 revision, the guideline value has seen a slight increase of 5%. It is important to note that the register has no figure for this street for the years 2002, 2003, 2007, and 2023.

Guideline values in Korattur

In Korattur, there are 617 streets under the Villivakkam SRO, with guideline values for 2024 ranging from Rs 1,100 to Rs 8,200 per sq.ft. The median guideline value in this area is Rs 2,500 per sq.ft, making the current value for Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street below the median.

Stamp duty and registration fee for property in Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street

For a 1,000 sq.ft plot at the current guideline value of Rs 2,100 per sq.ft, the total guideline value would be Rs 21,00,000. The stamp duty at 7% would amount to Rs 1,47,000, and the registration fee at 2% would be Rs 42,000, bringing the total to Rs 1,89,000. 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 Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street?

The Sub Registrar Office that covers Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street is the Villivakkam Sub Registrar Office, located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037 (Near By Nolambur Eb Office). You can find your SRO for more information.

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

The guideline value is a crucial factor in property transactions in Korattur. It serves as a benchmark for determining the minimum price at which a property can be registered. Buyers and sellers should be aware that the guideline value may influence the final sale price, as it is used to calculate applicable duties and fees during registration.

When registering a property, the guideline value ensures that the transaction is recorded at a fair price, reflecting the prevailing market conditions. This helps in maintaining transparency and accountability in property dealings within the region.

Frequently asked questions

What is the current guideline value for Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street?

The current guideline value for Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street is Rs 2,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,000 per sq.ft in 2012 to Rs 1,340 per sq.ft in 2017, and then increased to Rs 2,100 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, and 2023.

What is the land classification for this street?

The land classification for Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street is Residential Class III Type - I, indicating its suitability for residential purposes.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 21,00,000, the stamp duty would be Rs 1,47,000 and the registration fee would be Rs 42,000, totaling Rs 1,89,000. The duty is charged on the higher of the guideline value or the sale price.

Where is the Sub Registrar Office located for this street?

The Villivakkam Sub Registrar Office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037. This office handles the registration of properties in Sri Balaji Nagar East (Kallikuppam) 5,6,7 Street.