Guideline Value for Brindavan Garden

Brindavan Garden guideline value

The current guideline value of Brindavan Garden, located in Sevilimadu - A village under the Kanchipuram Joint II SRO, is Rs 1,100 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - I land classification.

How the guideline value of Brindavan Garden has changed

Since the 2017 revision, the guideline value has seen significant changes. The value was Rs 670 per sq.ft in 2017, which increased to Rs 1,000 per sq.ft in 2023, marking a 49% rise. The latest revision in 2024 has further increased the value to Rs 1,100 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from 2017 to 2024, the guideline value has increased by 64%. It is important to note that the register has no figures for the years 2002, 2003, 2007, and 2012 for this street.

Guideline values in Sevilimadu - A

In Sevilimadu - A, there are 58 streets under the Kanchipuram Joint II SRO that carry a 2024 guideline value, ranging from Rs 800 to Rs 2,200 per sq.ft. The median value is Rs 1,100 per sq.ft, which is equal to the 2024 figure for Brindavan Garden.

• Bharathi Nagar: Rs 1,100 per sq.ft (2024)
• Chinnaiyan Nagar: Rs 1,100 per sq.ft (2024)
• Chinna Kanni Nagar: Rs 875 per sq.ft (2024)
• Bangaru Amman Colony: Rs 1,100 per sq.ft (2024)
• Balaji Nagar: Rs 1,100 per sq.ft (2024)
• Azhaganandam Nagar: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan Garden

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, leading to a total of Rs 99,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Brindavan Garden?

The Brindavan Garden is covered by the Kanchipuram Joint II Sub Registrar Office, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Sevilimadu - A

The guideline value is a crucial factor in the registration process when buying or selling property in Sevilimadu - A. It determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately and fairly.

When a property is sold, the buyer must pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the government receives appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Brindavan Garden?

The current guideline value of Brindavan Garden is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 670 per sq.ft to Rs 1,100 per sq.ft in 2024, reflecting a total increase of 64% over this period.

What are the stamp duty and registration fees for properties in Brindavan Garden?

For a property valued at Rs 11,00,000, the stamp duty would be Rs 77,000, and the registration fee would be Rs 22,000, totaling Rs 99,000.

Which Sub Registrar Office covers the registration for Brindavan Garden?

The Kanchipuram Joint II Sub Registrar Office covers Brindavan Garden, located at Kamarajar Road, Taluk Office Campus, Kanchipuram-631 501.

What is the range of guideline values for streets in Sevilimadu - A?

The guideline values for streets in Sevilimadu - A range from Rs 800 to Rs 2,200 per sq.ft, with the median value being Rs 1,100 per sq.ft.