Guideline Value for BRINDHAVANAM

Brindhavanam guideline value

The current guideline value of Brindhavanam, located in Pappampatti village under the Singanallur SRO, is Rs 140 per sq.ft, effective from 1 July 2024. This area falls under the Residential Class II Type - III land classification.

How the guideline value of Brindhavanam has changed

The guideline value for Brindhavanam has seen significant changes over the years. The 2017 revision recorded a value of Rs 84 per sq.ft, which increased to Rs 126 per sq.ft in the 2023 revision, marking a 50% rise. The most recent revision in 2024 set the value at Rs 140 per sq.ft, reflecting an 11% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has risen by 67%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for this street.

Guideline values in Pappampatti

Pappampatti village has a total of 140 streets under the Singanallur SRO, with guideline values ranging from Rs 140 to Rs 750 per sq.ft. The median guideline value for these streets is Rs 195 per sq.ft, placing Brindhavanam's 2024 figure below this median.

• Chettipalayam Main Road: Rs 500 per sq.ft (2024)
• Chinnakuyili Road: Rs 220 per sq.ft (2024)
• Chittipalayam Main Road: Rs 500 per sq.ft (2024)
• City Marcus Extn.: Rs 330 per sq.ft (2024)
• Dr. MGR Nagar: Rs 165 per sq.ft (2024)
• Bhr Green Villa: Rs 220 per sq.ft (2024)

Stamp duty and registration fee for property in Brindhavanam

For a 1,000 sq.ft plot at the current guideline value of Rs 140 per sq.ft, the total guideline value amounts to Rs 1,40,000. The stamp duty at 7% would be Rs 9,800, and the registration fee at 2% would be Rs 2,800, resulting in a total of Rs 12,600. It is essential to note that the duty is charged on the higher of the guideline value or the sale price.

For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindhavanam?

The Sub Registrar Office that covers Brindhavanam is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role during property registration in Pappampatti. It is used to determine the stamp duty and registration fees that must be paid when buying or selling property in the area.

When a property transaction occurs, the buyer must pay the stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Brindhavanam?

The current guideline value of Brindhavanam is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 84 per sq.ft in 2017 to Rs 126 per sq.ft in 2023, and then to Rs 140 per sq.ft in 2024. This reflects a 67% increase overall from 2017 to 2024.

What is the land classification for Brindhavanam?

Brindhavanam is classified under Residential Class II Type - III land classification.

Where can I find the Sub Registrar Office for Brindhavanam?

The Sub Registrar Office for Brindhavanam is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated in Pappampatti?

Stamp duty in Pappampatti is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.