Guideline Value for BROKKER STREET

Brokker Street guideline value

The current guideline value of Brokker Street is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Ward - H village under the Tiruppur Joint II SRO and is classified as Residential Special Type - I.

How the guideline value of Brokker Street has changed

The guideline value for Brokker Street has seen several revisions over the years. In the 2007 revision, the value was Rs 990 per sq.ft, which increased to Rs 1,100 per sq.ft in 2012. However, it dropped to Rs 737 per sq.ft in the 2017 revision. The subsequent revision in 2023 saw a significant rise to Rs 1,100 per sq.ft, and the most recent 2024 revision has set the value at Rs 1,210 per sq.ft. The register has no figures for the years 2002 and 2003 for this street.

From 2017 to 2023, the guideline value increased by 49%, and from 2023 to 2024, it rose by 10%. The overall change from 2007 to 2024 reflects a 22% increase in the guideline value.

Guideline values in Ward - H

In Ward - H, there are 166 streets under the Tiruppur Joint II SRO with a 2024 guideline value ranging from Rs 701 to Rs 4,400 per sq.ft. The median value for these streets is Rs 990 per sq.ft, making Brokker Street's 2024 figure above that median.

• Boyar Street: Rs 706 per sq.ft (2024)
• Chellandiammal Kovil Street: Rs 1,210 per sq.ft (2024)
• Chellandiamman Durai (Wasteland): Rs 1,210 per sq.ft (2024)
• Chellappapuram 2nd Street: Rs 1,375 per sq.ft (2024)
• Chellappapuram 3rd Street: Rs 1,375 per sq.ft (2024)
• Chellappapuram 4th Street: Rs 1,375 per sq.ft (2024)

Stamp duty and registration fee for property in Brokker Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, leading to a total of Rs 1,08,900 for these charges. 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 Brokker Street?

The Sub Registrar Office that covers Brokker Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602, in the Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Ward - H

The guideline value is an essential factor in the registration process for property transactions in Ward - H. It serves as a reference point for determining the stamp duty and registration fees applicable during the sale or purchase of property.

When you register a property, the charges are based on the guideline value or the sale price, whichever is higher. This ensures that the registration fees reflect the current market conditions and property values in the area.

Frequently asked questions

What is the current guideline value of Brokker Street?

The current guideline value of Brokker Street is Rs 1,210 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Over the years, the guideline value has changed significantly, with the most recent revision in 2024 setting it at Rs 1,210 per sq.ft, up from Rs 1,100 per sq.ft in 2023.

What is the land classification for Brokker Street?

Brokker Street is classified as Residential Special Type - I under the Tiruppur Joint II SRO.

Where can I find the Sub Registrar Office for Brokker Street?

The Sub Registrar Office for Brokker Street is the Tiruppur Joint II Sub Registrar Office, located at 1/529, Nerupperichchal Village, Pooluvapatti Postal, Tirupur - 641 602.

How is stamp duty calculated for properties in Brokker Street?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property valued at Rs 12,10,000 would incur a stamp duty of Rs 84,700 at a rate of 7%.