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

Guideline Value

Corporate

Guideline Value for SRI BALAJI NAGAR EXTENSION (KALLIKUPPAM)

₹2100/sq.ft.

The guideline value for Sri Balaji Nagar Extension (kallikuppam) 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 Extension (kallikuppam)

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 Extension (Kallikuppam) guideline value

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

How the guideline value of Sri Balaji Nagar Extension (Kallikuppam) has changed

Over the years, the guideline value for Sri Balaji Nagar Extension (Kallikuppam) has seen several revisions. The 2012 revision set the value at Rs 2,000 per sq.ft, which was followed by a decrease to Rs 1,340 per sq.ft in the 2017 revision. However, the most recent 2024 revision has increased the guideline value to Rs 2,100 per sq.ft, marking a 57% increase from the 2017 figure. Overall, from 2012 to 2024, the guideline value has increased by 5%.

The register has no figures for the years 2023, 2007, 2003, and 2002 for this street. In summary, the changes in guideline value reflect a significant increase from 2017 to 2024, while the value from 2012 to 2017 saw a decrease.

Guideline values in Korattur

In Korattur, there are 617 streets under the Villivakkam SRO, with guideline values 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, indicating that the 2024 figure for Sri Balaji Nagar Extension (Kallikuppam) is below this median.

Stamp duty and registration fee for property in Sri Balaji Nagar Extension (Kallikuppam)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,100 per sq.ft, the total guideline value amounts to Rs 21,00,000. The stamp duty at 7% would be Rs 1,47,000, and the registration fee at 2% would be Rs 42,000, bringing the total fees together to Rs 1,89,000. It is important to note that duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Sri Balaji Nagar Extension (Kallikuppam)?

The Villivakkam Sub Registrar Office covers Sri Balaji Nagar Extension (Kallikuppam). The address is Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037, near 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 in the registration process when buying or selling property in Korattur. It is used to determine the stamp duty and registration fees, ensuring that the transaction is recorded accurately in the official register.

When a property is sold, the buyer and seller must refer to the guideline value to calculate the applicable fees. This ensures transparency and compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Sri Balaji Nagar Extension (Kallikuppam)?

The current guideline value of Sri Balaji Nagar Extension (Kallikuppam) 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. This reflects a 57% increase from 2017 to 2024 and a 5% increase overall from 2012 to 2024.

Which Sub Registrar Office covers this area?

The Villivakkam Sub Registrar Office covers Sri Balaji Nagar Extension (Kallikuppam). The office is located at Nolambur 2nd Main Road, Nolambur Phase 2, Chennai 600037.

What are the registration fees for property transactions in this area?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value. For example, a 1,000 sq.ft plot at Rs 2,100 per sq.ft incurs a total fee of Rs 1,89,000.

What is the land classification for Sri Balaji Nagar Extension (Kallikuppam)?

The land classification for Sri Balaji Nagar Extension (Kallikuppam) is Residential Class III Type - I, indicating its designation for residential use.