Guideline Value for BRINDHAVAN AVENUE

Brindhavan Avenue guideline value

The current guideline value of Brindhavan Avenue is Rs 715 per sq.ft, effective from 1 July 2024. This street is located in Nallur village under the Nallur_Tiruppur SRO, classified as Mixed Type - II land.

How the guideline value of Brindhavan Avenue has changed

In the 2017 revision, the guideline value for Brindhavan Avenue was Rs 261 per sq.ft. This figure saw a significant increase to Rs 700 per sq.ft in the 2023 revision, marking a change of +168%. The most recent revision in 2024 set the guideline value at Rs 715 per sq.ft, which is an increase of +2% from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by +174%. It is important to note that there are no figures available for the years 2002, 2003, 2007, and 2012 for this street in the register.

Guideline values in Nallur

In Nallur, there are 280 streets under the Nallur_Tiruppur SRO, with guideline values ranging from Rs 700 to Rs 1,764 per sq.ft. The median guideline value for these streets is Rs 714 per sq.ft, placing Brindhavan Avenue's 2024 figure above this median.

• Canarabank Colony: Rs 708 per sq.ft (2024)
• CHANDRAPURAM MAIN ROAD (Dharapuram Road To PAP Nagar Road): Rs 913 per sq.ft (2024)
• CHANDRAPURAM MAIN ROAD (PAP Nagar Road To Sevandhampalayam): Rs 913 per sq.ft (2024)
• Chandrapuram Natham: Rs 716 per sq.ft (2024)
• Chennimalaipalayam Ad Colony Nattham: Rs 701 per sq.ft (2024)
• Chennimalaipalayam Nattham: Rs 708 per sq.ft (2024)

Stamp duty and registration fee for property in Brindhavan Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 715 per sq.ft, the total guideline value amounts to Rs 7,15,000. The stamp duty at 7% would be Rs 50,050, and the registration fee at 2% would be Rs 14,300, totaling Rs 64,350. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindhavan Avenue?

The Sub Registrar Office that covers Brindhavan Avenue is the Nallur_Tiruppur Sub Registrar Office, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Nallur. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value is used to calculate the applicable fees, ensuring that the transaction is legally compliant. It is essential for both buyers and sellers to be aware of the current guideline value to understand their financial obligations during the registration of property.

Frequently asked questions

What is the current guideline value of Brindhavan Avenue?

The current guideline value of Brindhavan Avenue is Rs 715 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 261 per sq.ft in 2017 to Rs 700 per sq.ft in 2023, and now to Rs 715 per sq.ft in 2024. This represents an overall increase of +174% from 2017 to 2024.

What is the median guideline value for streets in Nallur?

The median guideline value for streets in Nallur is Rs 714 per sq.ft. Brindhavan Avenue's 2024 figure is above this median.

What are the stamp duty and registration fees for properties in Brindhavan Avenue?

The total stamp duty and registration fees for a 1,000 sq.ft plot at the current guideline value would be Rs 64,350, which includes a stamp duty of Rs 50,050 and a registration fee of Rs 14,300.

Which office handles property registrations for Brindhavan Avenue?

The Nallur_Tiruppur Sub Registrar Office handles property registrations for Brindhavan Avenue, located near Hotel Riverview, Nagapattinam 611002, Coimbatore registration zone.