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Guideline Value

Corporate

Guideline Value for SRI BALAJI NAGAR EAST 8TH CROSS STREET(KALLIKUPPAM)

₹1809/sq.ft.

The guideline value for Sri Balaji Nagar East 8th Cross Street(kallikuppam) in Korattur village (Villivakkam SRO, Chennai zone) is Rs 1809 per sq.ft, effective 1 July 2024. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Korattur

Village

Villivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹1809 /sq.ft.
From 1-4-2023 ₹1809 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
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 8th Cross Street(kallikuppam)

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Sri Balaji Nagar East 8th Cross Street(Kallikuppam) guideline value

The current guideline value for Sri Balaji Nagar East 8th Cross Street(Kallikuppam) is Rs 1,809 per sq.ft. This street is located in Korattur village and falls under the Villivakkam SRO. The land classification for this area is Residential Class III Type - II.

How the guideline value of Sri Balaji Nagar East 8th Cross Street(Kallikuppam) has changed

According to the guideline value register, there are no figures available for the years 2002, 2003, 2007, 2012, and 2017 for Sri Balaji Nagar East 8th Cross Street(Kallikuppam). The 2023 revision listed the guideline value at Rs 1,809 per sq.ft, which remained unchanged in the 2024 revision, also at Rs 1,809 per sq.ft, reflecting a change of +0% from 2023 to 2024.

Guideline values in Korattur

In Korattur, there are 617 streets under the Villivakkam SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 8,200 per sq.ft. The median guideline value for these streets is Rs 2,500 per sq.ft, placing the 2024 figure for Sri Balaji Nagar East 8th Cross Street(Kallikuppam) below that median.

Stamp duty and registration fee for property in Sri Balaji Nagar East 8th Cross Street(Kallikuppam)

For a 1,000 sq.ft plot at the current guideline value of Rs 1,809 per sq.ft, the total guideline value would be Rs 18,09,000. The stamp duty at 7% would amount to Rs 1,26,630, and the registration fee at 2% would be Rs 36,180, totaling Rs 1,62,810. 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 further calculations.

Which Sub Registrar Office covers Sri Balaji Nagar East 8th Cross Street(Kallikuppam)?

The Sub Registrar Office that covers Sri Balaji Nagar East 8th Cross Street(Kallikuppam) 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 details.

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

The guideline value plays a crucial role during the registration of property transactions in Korattur. It is used to determine the stamp duty and registration fees that need to be paid, ensuring that the government receives the appropriate revenue from property sales.

When buying or selling property, the guideline value is referenced to ascertain the minimum value for taxation purposes. This value must be considered along with the sale price, as the higher of the two will be used to calculate the applicable duties and fees.

Frequently asked questions

What is the current guideline value for Sri Balaji Nagar East 8th Cross Street(Kallikuppam)?

The current guideline value for Sri Balaji Nagar East 8th Cross Street(Kallikuppam) is Rs 1,809 per sq.ft as per the 2024 revision.

When did the last revision of the guideline value take place?

The last revision of the guideline value for Sri Balaji Nagar East 8th Cross Street(Kallikuppam) took place on 1 July 2024.

How does the guideline value compare to the median in Korattur?

The guideline value for Sri Balaji Nagar East 8th Cross Street(Kallikuppam) is below the median guideline value of Rs 2,500 per sq.ft for the streets in Korattur under the Villivakkam SRO.

What is the registration fee for property transactions in this area?

The registration fee for property transactions in Sri Balaji Nagar East 8th Cross Street(Kallikuppam) is calculated at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office located for this street?

The Sub Registrar Office covering Sri Balaji Nagar East 8th Cross Street(Kallikuppam) is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near the Nolambur Eb Office.