Guideline Value for BRICKLAND PLATINUM

Brickland Platinum guideline value

The current guideline value of Brickland Platinum is Rs 500 per sq.ft, effective from 1 July 2024. This property is located in Bilichi village, under the Periyanayakkan Palayam SRO, and is classified as Residential Class II Type - V.

How the guideline value of Brickland Platinum has changed

The guideline value for Brickland Platinum has remained consistent over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 500 per sq.ft, which was the same as in the 2024 revision.

From 2023 to 2024, there was no change in the guideline value, remaining at Rs 500 per sq.ft. This consistency indicates stability in the valuation for this property over the recent revisions.

Guideline values in Bilichi

Bilichi village has 44 streets under the Periyanayakkan Palayam SRO, with a 2024 guideline value range from Rs 100 to Rs 825 per sq.ft. The median guideline value in this area is Rs 310 per sq.ft, placing Brickland Platinum's 2024 figure above the median.

• Classique Residency: Rs 600 per sq.ft (2024)
• Emerald Square: Rs 240 per sq.ft (2024)
• Athens Gardens: Rs 200 per sq.ft (2024)
• Innisai Nagar: Rs 140 per sq.ft (2024)
• J J Nagar: Rs 250 per sq.ft (2024)
• Amaravathi Enclave: Rs 480 per sq.ft (2024)

Stamp duty and registration fee for property in Brickland Platinum

For a 1,000 sq.ft plot at the current guideline value of Rs 500 per sq.ft, the total guideline value amounts to Rs 5,00,000. The stamp duty at 7% would be Rs 35,000, and the registration fee at 2% would be Rs 10,000, bringing the total fees to Rs 45,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information on calculating these fees, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brickland Platinum?

The Brickland Platinum property falls under the Periyanayakkan Palayam Sub Registrar Office, located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during the registration process of property transactions in Bilichi. When buying or selling a property, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these costs are calculated based on an official valuation.

It is essential for buyers and sellers to be aware of the current guideline value to avoid any discrepancies during the registration process. This value serves as a benchmark for property transactions, helping to maintain transparency and consistency in the real estate market.

Frequently asked questions

What is the current guideline value of Brickland Platinum?

The current guideline value of Brickland Platinum is Rs 500 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 500 per sq.ft since the 2023 revision, with no changes recorded in the previous revisions for this street.

What is the classification of land for Brickland Platinum?

Brickland Platinum is classified as Residential Class II Type - V, which is important for understanding its usage and valuation.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot at the guideline value of Rs 500 per sq.ft, the total fees would be Rs 45,000, which includes stamp duty and registration fees.

Where is the Sub Registrar Office for Brickland Platinum located?

The Periyanayakkan Palayam Sub Registrar Office is located at No.171, Kuppichipalayam Road, Railway Feeder Road, Periyanaickenpalayam, Coimbatore -641020.