Guideline Value for Brindavan colony

Brindavan colony guideline value

The current guideline value of Brindavan colony, located in Uppilipalayam village under the Singanallur SRO, is Rs 1,120 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class I Type - III.

How the guideline value of Brindavan colony has changed

The guideline value for Brindavan colony has seen several revisions over the years. In 2007, the value was Rs 230 per sq.ft, which increased significantly to Rs 1,000 per sq.ft in 2012. However, it decreased to Rs 670 per sq.ft in 2017 before rising to Rs 1,000 per sq.ft again in 2023. The latest revision in 2024 set the value at Rs 1,120 per sq.ft, marking a 12% increase from the previous year.

Overall, from 2007 to 2024, the guideline value has increased by 387%. The revisions for the years 2002 and 2003 do not have any figures recorded for this street.

Guideline values in Uppilipalayam

In Uppilipalayam, there are 361 streets under the Singanallur SRO, with guideline values ranging from Rs 1,001 to Rs 6,160 per sq.ft. The median guideline value for these streets is Rs 1,232 per sq.ft, placing Brindavan colony's 2024 figure below that median.

• B R layout 1 to 5: Rs 1,680 per sq.ft (2024)
• Boyar street: Rs 1,001 per sq.ft (2024)
• Central studio colony: Rs 1,456 per sq.ft (2024)
• Central studio road: Rs 2,016 per sq.ft (2024)
• Chennimalai Gounder Layout: Rs 1,355 per sq.ft (2024)
• ChinnaGuru samy Layout: Rs 1,001 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan colony

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 at 7% would be Rs 78,400, and the registration fee at 2% would be Rs 22,400, leading to a total of Rs 1,00,800. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can calculate your fees using the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindavan colony?

The Sub Registrar Office that covers Brindavan colony is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role during property transactions in Uppilipalayam. It is used to determine the stamp duty and registration fees that need to be paid when buying or selling property in this area.

When registering a property, the higher value between the guideline value and the sale price is considered for calculating the applicable charges. This ensures that the transaction is documented accurately in accordance with the local regulations.

Frequently asked questions

What is the current guideline value of Brindavan colony?

The current guideline value of Brindavan colony 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 230 per sq.ft in 2007 to Rs 1,120 per sq.ft in 2024, showing an overall increase of 387% over the years.

What is the median guideline value for streets in Uppilipalayam?

The median guideline value for streets in Uppilipalayam is Rs 1,232 per sq.ft, with Brindavan colony's 2024 figure being below this median.

What are the stamp duty and registration fees for a property in Brindavan colony?

For a property valued at Rs 11,20,000, the stamp duty would be Rs 78,400 and the registration fee would be Rs 22,400, totaling Rs 1,00,800.

Where is the Sub Registrar Office for Brindavan colony located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.