Guideline Value for Brindavan Arcade

Brindavan Arcade guideline value

The current guideline value of Brindavan Arcade is Rs 1,002 per sq.ft, effective from 1 July 2024. This property is located in Vadavalli village, under the Vadavalli SRO, and is classified as Residential Class III Type - III.

How the guideline value of Brindavan Arcade has changed

The guideline value for Brindavan Arcade has undergone several revisions over the years. The 2017 revision set the value at Rs 603 per sq.ft, which increased to Rs 1,000 per sq.ft in the 2023 revision. The most recent revision in 2024 has further raised the guideline value to Rs 1,002 per sq.ft, reflecting an overall increase of 66% from the 2017 figure.

There are no figures available for the years 2002, 2003, 2007, and 2012 for this street. The change from 2023 to 2024 is negligible, with an increase of only 0%.

Guideline values in Vadavalli

In Vadavalli, there are 461 streets under the Vadavalli SRO that have a 2024 guideline value ranging from Rs 1,000 to Rs 2,200 per sq.ft, with a median value of Rs 1,100 per sq.ft. The guideline value for Brindavan Arcade is below this median.

• BSA Nagar: Rs 1,100 per sq.ft (2024)
• BPR Nagar: Rs 1,100 per sq.ft (2024)
• BPC Nagar: Rs 1,100 per sq.ft (2024)
• Boopathi Raja Nagar: Rs 1,001 per sq.ft (2024)
• Bommiyamman Kovil Street: Rs 1,000 per sq.ft (2024)
• Bommanampalayam Extension: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan Arcade

For a 1,000 sq.ft plot at the current guideline value of Rs 1,002 per sq.ft, the total guideline value would be Rs 10,02,000. The stamp duty, charged at 7%, would amount to Rs 70,140, while the registration fee at 2% would be Rs 20,040. Together, the total cost for stamp duty and registration would be Rs 90,180. 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 information.

Which Sub Registrar Office covers Brindavan Arcade?

The Brindavan Arcade falls under the Vadavalli Sub Registrar Office, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046. You can find your SRO for more details.

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

The guideline value is a crucial factor in the registration process of property transactions in Vadavalli. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.

When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial implications of the transaction. This helps maintain transparency and consistency in property dealings.

Frequently asked questions

What is the current guideline value of Brindavan Arcade?

The current guideline value of Brindavan Arcade is Rs 1,002 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has increased from Rs 603 per sq.ft in 2017 to Rs 1,002 per sq.ft in 2024, marking an overall increase of 66%.

What are the stamp duty and registration fees for Brindavan Arcade?

The stamp duty for a property valued at Rs 10,02,000 would be Rs 70,140, and the registration fee would be Rs 20,040, totaling Rs 90,180.

Which Sub Registrar Office covers Brindavan Arcade?

The Vadavalli Sub Registrar Office covers Brindavan Arcade, located at Ctc Depot Backside, Maruthamalai Adivaaram, Coimbatore - 641046.

How is the guideline value determined in Vadavalli?

The guideline value in Vadavalli is determined based on various factors, including land classification and the values set for different streets under the Vadavalli SRO. This ensures a standardized approach to property valuation in the area.