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

Guideline Value

Corporate

Guideline Value for Baroda Colony (Bank of Barodo Colony)

₹2200/sq.ft.

The guideline value for Baroda Colony (bank Of Barodo Colony) in Madipakkam-1 village (Velacheri SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Madipakkam-1

Village

Velacheri

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 N/A
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)

No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042
044-22553736
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Baroda Colony (bank Of Barodo Colony)

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

Baroda Colony (Bank of Barodo Colony) guideline value

The current guideline value of Baroda Colony (Bank of Barodo Colony) is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is part of Madipakkam-1 village under the Velacheri SRO and is classified as Residential Class II Type - I.

How the guideline value of Baroda Colony (Bank of Barodo Colony) has changed

The guideline value register does not provide figures for Baroda Colony (Bank of Barodo Colony) for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only figure available is from the 2024 revision, which is Rs 2,200 per sq.ft.

Since there are no figures available for the previous revisions, there have been no changes reported between the revisions listed. The 2024 figure is the first recorded value for this street.

Guideline values in Madipakkam-1

In Madipakkam-1, there are 1,823 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft. The median value for these streets is Rs 2,750 per sq.ft, placing Baroda Colony (Bank of Barodo Colony) below this median.

Stamp duty and registration fee for property in Baroda Colony (Bank of Barodo Colony)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value amounts to Rs 22,00,000. The stamp duty at 7% would be Rs 1,54,000, and the registration fee at 2% would be Rs 44,000, bringing the total to Rs 1,98,000. 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 detailed calculations.

Which Sub Registrar Office covers Baroda Colony (Bank of Barodo Colony)?

The Sub Registrar Office that covers Baroda Colony (Bank of Barodo Colony) is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Madipakkam-1

The guideline value is an important factor in the registration process of properties in Madipakkam-1. It is used to determine the stamp duty and registration fees that must be paid during a property transaction.

When buying or selling property, the guideline value will be referenced to ensure that the correct fees are calculated based on the higher of the guideline value or the sale price. This ensures compliance with the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of Baroda Colony (Bank of Barodo Colony)?

The current guideline value of Baroda Colony (Bank of Barodo Colony) is Rs 2,200 per sq.ft, effective from 1 July 2024.

What is the land classification of Baroda Colony (Bank of Barodo Colony)?

Baroda Colony (Bank of Barodo Colony) is classified as Residential Class II Type - I.

What are the other streets in Madipakkam-1 with the same guideline value?

Other streets in Madipakkam-1 with the same guideline value of Rs 2,200 per sq.ft include Baroda Colony, Sakthi Nagar Extn, Baroda Colony W.D. Krishnamoorthy Nagar, and various streets on Barathidasar Salai.

How is the stamp duty calculated for properties in Baroda Colony (Bank of Barodo Colony)?

Stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 22,00,000, the stamp duty would be Rs 1,54,000.

Where can I find the Sub Registrar Office for Baroda Colony (Bank of Barodo Colony)?

The Sub Registrar Office for Baroda Colony (Bank of Barodo Colony) is the Velacheri Sub Registrar Office, located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.