Guideline Value for Brindavan street

Brindavan street guideline value

The current guideline value of Brindavan street in Kallapalayam village is Rs 140 per sq.ft, effective from 1 July 2024. This street falls under the Singanallur SRO and is classified as Residential Class III Type - I.

How the guideline value of Brindavan street has changed

The guideline value for Brindavan street has seen several revisions over the years. The earliest recorded figure is from 2012, which was Rs 125 per sq.ft. This value changed to Rs 84 per sq.ft in 2017, reflecting a decrease of 33%. However, from 2017 to 2023, the guideline value increased significantly by 50%, reaching Rs 126 per sq.ft. The most recent revision in 2024 raised the guideline value to Rs 140 per sq.ft, marking an increase of 11% from the previous year.

There are no recorded figures for the years 2002, 2003, and 2007 for Brindavan street. Overall, from 2012 to 2024, the guideline value has increased by 12%.

Guideline values in Kallapalayam

In Kallapalayam, there are 81 streets under the Singanallur SRO that have a 2024 guideline value ranging from Rs 100 to Rs 500 per sq.ft, with a median value of Rs 140 per sq.ft. Brindavan street's 2024 guideline value aligns with this median.

• Chinnakuilai: Rs 140 per sq.ft (2024)
• Coddissia Industial Park: Rs 220 per sq.ft (2024)
• COFIOA Industrial Park: Rs 220 per sq.ft (2024)
• Dr. Ambekhar street: Rs 140 per sq.ft (2024)
• Bharathiyar salai: Rs 220 per sq.ft (2024)
• East street: Rs 140 per sq.ft (2024)

Stamp duty and registration fee for property in Brindavan street

For a 1,000 sq.ft plot at the current guideline value of Rs 140 per sq.ft, the total guideline value amounts to Rs 1,40,000. The stamp duty is charged at 7%, which totals Rs 9,800, and the registration fee is 2%, amounting to Rs 2,800. Together, the total cost for stamp duty and registration fee would be Rs 12,600. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindavan street?

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

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

The guideline value is an important factor when purchasing or selling property in Kallapalayam. It serves as a benchmark for determining the minimum value of a property, which is used for calculating stamp duty and registration fees during the transaction process.

When registering a property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Brindavan street?

The current guideline value of Brindavan street is Rs 140 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindavan street has changed from Rs 125 per sq.ft in 2012 to Rs 140 per sq.ft in 2024, with various increases and decreases in between.

What is the land classification for Brindavan street?

Brindavan street is classified as Residential Class III Type - I.

Which registration office covers Brindavan street?

The Singanallur Sub Registrar Office covers Brindavan street, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111.

How is stamp duty calculated for properties in Kallapalayam?

Stamp duty is calculated based on the guideline value or the sale price of the property, whichever is higher. For example, for a 1,000 sq.ft plot at the guideline value of Rs 140 per sq.ft, the total stamp duty would be Rs 9,800.