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Guideline Value

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Guideline Value for Baroda Colony W.D. Krishnamoorthy Nagar

₹2200/sq.ft.

The guideline value for Baroda Colony W.d. Krishnamoorthy Nagar 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 W.d. Krishnamoorthy Nagar

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Baroda Colony W.D. Krishnamoorthy Nagar guideline value

The current guideline value of Baroda Colony W.D. Krishnamoorthy Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Madipakkam-1 village under the Velacheri SRO and is classified as Residential Class II Type - I.

How the guideline value of Baroda Colony W.D. Krishnamoorthy Nagar has changed

According to the register, there are no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023 for Baroda Colony W.D. Krishnamoorthy Nagar. The only revision available is for the year 2024, which sets the guideline value at Rs 2,200 per sq.ft.

Since there are no previous figures listed for this street, it indicates that the guideline value has not changed over the years for Baroda Colony W.D. Krishnamoorthy Nagar. The 2024 revision is the first recorded value for this location.

Guideline values in Madipakkam-1

In Madipakkam-1, there are 1823 streets under the Velacheri SRO that carry a 2024 guideline value ranging from Rs 1,650 to Rs 5,500 per sq.ft, with a median value of Rs 2,750 per sq.ft. The guideline value for Baroda Colony W.D. Krishnamoorthy Nagar is below this median.

Stamp duty and registration fee for property in Baroda Colony W.D. Krishnamoorthy Nagar

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 cost to Rs 1,98,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Baroda Colony W.D. Krishnamoorthy Nagar?

The Sub Registrar Office that covers Baroda Colony W.D. Krishnamoorthy Nagar 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 a crucial factor when registering a property in Madipakkam-1. It determines the minimum value at which the property can be registered, impacting the stamp duty and registration fees applicable during the transaction.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair price. It is essential for both buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Baroda Colony W.D. Krishnamoorthy Nagar?

The current guideline value of Baroda Colony W.D. Krishnamoorthy Nagar is Rs 2,200 per sq.ft, effective from 1 July 2024.

What land classification does Baroda Colony W.D. Krishnamoorthy Nagar fall under?

Baroda Colony W.D. Krishnamoorthy Nagar is classified as Residential Class II Type - I.

What are the guideline values for other streets in Madipakkam-1?

Other streets in Madipakkam-1 also have a guideline value of Rs 2,200 per sq.ft as per the 2024 revision. This includes Baroda Colony, Sakthi Nagar Extn., Baroda Colony (Bank of Barodo Colony), and several streets on Barathidasar Salai.

How is the stamp duty calculated for properties in Baroda Colony W.D. Krishnamoorthy Nagar?

Stamp duty is calculated at 7% of the guideline value or 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.

Which office should I approach for registration in Baroda Colony W.D. Krishnamoorthy Nagar?

The Velacheri Sub Registrar Office is the designated office for registration in Baroda Colony W.D. Krishnamoorthy Nagar. It is located at No.17/39, Rajalakshmi Nagar 3rd Main Road, Velachery, Chennai 600042.