Guideline Value for BARODA 5TH STREET

Baroda 5th Street guideline value

The current guideline value of Baroda 5th Street is Rs 7,100 per sq.ft, effective from 1 July 2024. This street is located in Puliyur village, under the Kodambakkam SRO, and is classified as Residential Special Type - II.

How the guideline value of Baroda 5th Street has changed

In the 2012 revision, the guideline value was Rs 6,500 per sq.ft. The most recent 2024 revision shows an increase to Rs 7,100 per sq.ft, marking a change of +9% from the previous value. The register has no figures for the years 2023, 2017, 2007, 2003, and 2002 for this street.

To summarize, the guideline value for Baroda 5th Street has risen from Rs 6,500 per sq.ft in 2012 to Rs 7,100 per sq.ft in 2024. This increase reflects the latest valuation as per the Registration Department's guideline value register.

Guideline values in Puliyur

In Puliyur, there are 648 streets under the Kodambakkam SRO that carry a 2024 guideline value, ranging from Rs 3,300 to Rs 14,300 per sq.ft, with a median value of Rs 5,800 per sq.ft. Baroda 5th Street's current guideline value is above this median.

• Baroda 4th Street: Rs 7,100 per sq.ft (2024)
• Baroda 3rd Street: Rs 7,100 per sq.ft (2024)
• Baroda 2nd Street: Rs 7,100 per sq.ft (2024)
• Baroda 1st Street: Rs 7,100 per sq.ft (2024)
• Baroda Street: Rs 7,100 per sq.ft (2024)
• Baroda Street Extension: Rs 7,100 per sq.ft (2024)

Stamp duty and registration fee for property in Baroda 5th Street

For a 1,000 sq.ft plot at the current guideline value of Rs 7,100 per sq.ft, the total guideline value amounts to Rs 71,00,000. The stamp duty at 7% would be Rs 4,97,000, and the registration fee at 2% would be Rs 1,42,000, making the total cost for these fees Rs 6,39,000. 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 Baroda 5th Street?

The Sub Registrar Office that covers Baroda 5th Street is the Kodambakkam Sub Registrar Office, located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process for property transactions in Puliyur. It serves as a reference for calculating the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is registered, the guideline value is used to determine the applicable fees, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Baroda 5th Street?

The current guideline value of Baroda 5th Street is Rs 7,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 6,500 per sq.ft in 2012 to Rs 7,100 per sq.ft in 2024, reflecting a change of +9%. There are no figures available for the years 2023, 2017, 2007, 2003, and 2002 for this street.

What are the guideline values of other streets in Puliyur?

Other streets in Puliyur under the Kodambakkam SRO have a guideline value ranging from Rs 3,300 to Rs 14,300 per sq.ft, with a median of Rs 5,800 per sq.ft. Baroda 5th Street's value is above this median.

How are stamp duty and registration fees calculated?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. The registration fee is charged at 2% of the same value, ensuring that buyers are informed of their financial obligations during a property transaction.

Where is the Kodambakkam Sub Registrar Office located?

The Kodambakkam Sub Registrar Office is located at 2/31, Azhagiri Nagar 5th Street, Vadapalani, Chennai - 600 026. It is the office responsible for property registrations in the area.