Guideline Value for Brindavan Garden

Brindavan Garden guideline value

The current guideline value of Brindavan Garden is Rs 1,000 per sq.ft. This property is located in Kumarapalayam village, under the Coimbatore South Joint 1 SRO, and falls under the Residential Class I Type - II land classification.

How the guideline value of Brindavan Garden has changed

The guideline value register for Brindavan Garden shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was set at Rs 1,000 per sq.ft, which remained unchanged in the 2024 revision, effective from 1 July 2024.

Between the 2023 and 2024 revisions, there was a change of +0%. Both revisions have maintained the guideline value at Rs 1,000 per sq.ft.

Guideline values in Kumarapalayam

In Kumarapalayam, there are 290 streets under the Coimbatore South Joint 1 SRO that carry a 2024 guideline value ranging from Rs 1,000 to Rs 2,750 per sq.ft, with a median value of Rs 1,001 per sq.ft. The guideline value for Brindavan Garden is below this median.

• Bright Garden: Rs 1,000 per sq.ft (2024)
• C.G.V.Nagar: Rs 1,000 per sq.ft (2024)
• Cheran Nagar: Rs 1,000 per sq.ft (2024)
• Chidambaram Colony: Rs 1,000 per sq.ft (2024)
• Chokkampudur Oorkattu: Rs 1,000 per sq.ft (2024)
• Chokkampudur Road: Rs 1,550 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan Garden

For a 1,000 sq.ft plot at the current rate of Rs 1,000 per sq.ft, the guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, totaling Rs 90,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more accurate calculations.

Which Sub Registrar Office covers Brindavan Garden?

The Brindavan Garden is covered by the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration process when buying or selling property. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is compared with the sale price. The higher of the two values is used to calculate the stamp duty and registration fees, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Brindavan Garden?

The current guideline value of Brindavan Garden is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindavan Garden has remained at Rs 1,000 per sq.ft since the 2023 revision and continues to be the same in the 2024 revision. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Brindavan Garden?

Brindavan Garden falls under the Residential Class I Type - II land classification. This classification is important for determining the appropriate uses and regulations for the property.

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

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000, and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which office handles property registrations for Brindavan Garden?

The Coimbatore South Joint 1 Sub Registrar Office handles property registrations for Brindavan Garden. The office is located at No.410a, Raja Street, Coimbatore-641001.