Guideline Value for Brinda Street

Brinda Street guideline value

The current guideline value of Brinda Street is Rs 1,120 per sq.ft, effective from 1 July 2024. This street is located in Sanganur. village, under the Gandhipuram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Brinda Street has changed

The guideline value for Brinda Street has seen several revisions over the years. The 2007 revision set the value at Rs 400 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012, marking a 150% rise. However, in 2017, the value decreased to Rs 670 per sq.ft, a decline of 33%. The value then rose again to Rs 1,000 per sq.ft in 2023, before reaching the current rate of Rs 1,120 per sq.ft in 2024, reflecting a 12% increase.

Overall, from 2007 to 2024, the guideline value has increased by 180%. It is important to note that there are no figures available for the revisions in 2002 and 2003 for Brinda Street.

Guideline values in Sanganur.

In Sanganur., there are 394 streets under the Gandhipuram SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 10,080 per sq.ft, with the median value being Rs 1,120 per sq.ft. Brinda Street's 2024 guideline value aligns with this median.

• Byepass Road: Rs 2,800 per sq.ft (2024)
• Bykara Office Road: Rs 2,240 per sq.ft (2024)
• Chairman Raju Nagar: Rs 1,120 per sq.ft (2024)
• Chellappan Street: Rs 1,100 per sq.ft (2024)
• Chenniyappa Gounder Street: Rs 1,100 per sq.ft (2024)
• Chinaraj Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Brinda Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,120 per sq.ft, the total guideline value amounts to Rs 11,20,000. The stamp duty, charged at 7%, would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, bringing the total cost for these fees to Rs 1,00,800. It is important to note that duty is charged on the higher of the guideline value and 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 Brinda Street?

The Sub Registrar Office that covers Brinda Street is the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone. You can find your SRO for more details.

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

The guideline value plays a crucial role in the property registration process in Sanganur. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that these charges are based on a standardized valuation.

It is essential for buyers and sellers to be aware of the current guideline value to accurately assess the financial implications of their property transactions. This helps in ensuring compliance with local regulations and avoiding potential disputes during the registration process.

Frequently asked questions

What is the current guideline value of Brinda Street?

The current guideline value of Brinda Street is Rs 1,120 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 400 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, reflecting an overall increase of 180% over this period.

What is the land classification for Brinda Street?

Brinda Street is classified as Residential Class I Type - III under the Gandhipuram SRO.

What are the stamp duty and registration fees for a property in Brinda Street?

For a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 78,400, and the registration fee would be Rs 22,400, totaling Rs 1,00,800.

Which office handles the registration for Brinda Street?

The registration for Brinda Street is handled by the Gandhipuram Sub Registrar Office, located at Kalapatti Road, near Saravanampatti Police Station, Saravanampatti-641035, Coimbatore registration zone.