Guideline Value for BRINDA NAGAR

Brinda Nagar guideline value

The current guideline value of Brinda Nagar is Rs 1,035 per sq.ft, effective from 1 July 2024. This area is located in KALAPATTY_East village under the Gandhipuram SRO, classified as Residential Class II Type - III.

How the guideline value of Brinda Nagar has changed

The guideline value for Brinda Nagar has undergone several revisions over the years. The earliest recorded value in the register is from 2017, which was Rs 234 per sq.ft. This figure increased significantly to Rs 1,000 per sq.ft in 2023, marking a substantial rise of 327%. The latest revision in 2024 set the guideline value at Rs 1,035 per sq.ft, reflecting a 4% increase from the previous year.

There are no recorded figures for the years 2002, 2003, 2007, and 2012 for this street. Overall, from 2017 to 2024, the guideline value has increased by 342%.

Guideline values in KALAPATTY_East

In KALAPATTY_East, there are 358 streets under the Gandhipuram SRO that carry a 2024 guideline value ranging from Rs 1,010 to Rs 3,920 per sq.ft. The median guideline value for these streets is Rs 1,055 per sq.ft, placing Brinda Nagar's 2024 figure below this median.

• B Vijayalakshmi Avenue: Rs 1,045 per sq.ft (2024)
• Boopathi Street (Thottipalayam): Rs 1,040 per sq.ft (2024)
• B M R Layout: Rs 1,065 per sq.ft (2024)
• Cheran Avenue Phase I And II: Rs 1,065 per sq.ft (2024)
• Cheran Avenue Phase III: Rs 1,010 per sq.ft (2024)
• Cheran Garden: Rs 1,055 per sq.ft (2024)

Stamp duty and registration fee for property in Brinda Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,035 per sq.ft, the total guideline value amounts to Rs 10,35,000. The stamp duty at 7% would be Rs 72,450, and the registration fee at 2% would be Rs 20,700, bringing the total charges to Rs 93,150. It is important to note that the 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 accurate calculations.

Which Sub Registrar Office covers Brinda Nagar?

The Sub Registrar Office that covers Brinda Nagar is 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 KALAPATTY_East

The guideline value is a crucial factor in property transactions in KALAPATTY_East, as it determines the minimum value at which a property can be registered. Buyers and sellers must consider this value during negotiations to ensure compliance with legal requirements.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. It is essential for both parties 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 Brinda Nagar?

The current guideline value of Brinda Nagar is Rs 1,035 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 234 per sq.ft to Rs 1,035 per sq.ft in 2024, marking an overall increase of 342%.

What is the land classification of Brinda Nagar?

Brinda Nagar is classified as Residential Class II Type - III under the current guidelines.

Where is the Sub Registrar Office located for Brinda Nagar?

The Sub Registrar Office for Brinda Nagar is located at Sro Gandhipuram, Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.

How is the stamp duty calculated for property in Brinda Nagar?

The stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 10,35,000, the stamp duty at 7% would be Rs 72,450.