Guideline Value for BRAHMA CAMELLIA

Brahma Camellia guideline value

The current guideline value of Brahma Camellia in Saravanmpatty is Rs 1,170 per sq.ft, effective from 1 July 2024. This falls under the Gandhipuram SRO and is classified as Residential Class III Type - II.

How the guideline value of Brahma Camellia has changed

In the 2023 revision, the guideline value for Brahma Camellia was Rs 1,000 per sq.ft. The latest revision in 2024 has increased this value to Rs 1,170 per sq.ft, marking a change of +17%. The register has no figure for this street in the years 2017, 2012, 2007, 2003, and 2002.

Thus, the only recorded revisions for Brahma Camellia are from 2023 and 2024. The increase in the guideline value reflects the adjustments made in the latest revision, which is significant for property transactions in this area.

Guideline values in Saravanmpatty.

In Saravanmpatty, there are 180 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 5,654 per sq.ft, with a median value of Rs 1,060 per sq.ft. The guideline value of Brahma Camellia is above this median.

• Boyar Street: Rs 1,045 per sq.ft (2024)
• Bose Garden: Rs 1,055 per sq.ft (2024)
• Boopathy Nagar: Rs 1,055 per sq.ft (2024)
• Buthar Veethi: Rs 1,045 per sq.ft (2024)
• Chidambaram Nagar: Rs 1,685 per sq.ft (2024)
• Chitra Nagar: Rs 1,685 per sq.ft (2024)

Stamp duty and registration fee for property in Brahma Camellia

For a 1,000 sq.ft plot at the current guideline value of Rs 1,170 per sq.ft, the total guideline value would be Rs 11,70,000. The stamp duty at 7% would amount to Rs 81,900, and the registration fee at 2% would be Rs 23,400, totaling Rs 1,05,300. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Brahma Camellia?

The Brahma Camellia area is covered by the Gandhipuram Sub Registrar Office, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in property transactions in Saravanmpatty, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with legal requirements during the registration process.

When a property is sold, the guideline value is used to calculate applicable stamp duty and registration fees, which are essential costs associated with the transaction. It is advisable for buyers to be aware of the guideline value to avoid any discrepancies during the registration of their property.

Frequently asked questions

What is the current guideline value of Brahma Camellia?

The current guideline value of Brahma Camellia is Rs 1,170 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value increased from Rs 1,000 per sq.ft in 2023 to Rs 1,170 per sq.ft in 2024, which is a change of +17%. There are no recorded figures for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification of Brahma Camellia?

Brahma Camellia is classified as Residential Class III Type - II, which indicates its primary use for residential purposes.

What are the registration fees associated with buying property in Brahma Camellia?

The registration fees include a stamp duty of 7% and a registration fee of 2% based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Brahma Camellia located?

The Sub Registrar Office covering Brahma Camellia is the Gandhipuram SRO, located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.