Guideline Value for Brindhavan Circle

Brindhavan Circle guideline value

The current guideline value of Brindhavan Circle in Kuniyamuthur village is Rs 1,001 per sq.ft, effective from 1 July 2024. This area falls under the Coimbatore South Joint 1 SRO and is classified as Residential Class I Type - III.

How the guideline value of Brindhavan Circle has changed

The guideline value for Brindhavan Circle has seen several revisions over the years. The register shows no figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 1,000 per sq.ft, which was then revised to Rs 1,001 per sq.ft in 2024, reflecting a change of +0%.

Prior to the 2023 revision, there were no recorded figures for this street in the earlier years mentioned. The current figure of Rs 1,001 per sq.ft is slightly below the median guideline value of Rs 1,003 per sq.ft for the 410 streets in Kuniyamuthur under the Coimbatore South Joint 1 SRO.

Guideline values in Kuniyamuthur

In Kuniyamuthur, the guideline values for 2024 range from Rs 1,000 to Rs 1,550 per sq.ft, with a median value of Rs 1,003 per sq.ft. Brindhavan Circle's current guideline value is below this median. Other streets in Kuniyamuthur include:

• Chandra Garden: Rs 1,002 per sq.ft (2024)
• Cheran Nagar: Rs 1,002 per sq.ft (2024)
• Chinna Kani Konar Street: Rs 1,003 per sq.ft (2024)
• Chinnappa Gounder Lane: Rs 1,003 per sq.ft (2024)
• Chinnasamy Pannadi Street: Rs 1,003 per sq.ft (2024)
• Cholan Nagar Layout: Rs 1,200 per sq.ft (2024)

Stamp duty and registration fee for property in Brindhavan Circle

For a 1,000 sq.ft plot at the current guideline value of Rs 1,001 per sq.ft, the total guideline value would be Rs 10,01,000. The stamp duty at 7% would amount to Rs 70,070, while the registration fee at 2% would be Rs 20,020. Therefore, the total cost for duty and registration would be Rs 90,090. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Brindhavan Circle?

The Sub Registrar Office that covers Brindhavan Circle is the Coimbatore South Joint 1 Sub Registrar Office, located at No.410a, Raja Street, Coimbatore-641001. You can find your SRO for more information.

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

The guideline value is an essential reference for property transactions in Kuniyamuthur. It helps determine the stamp duty and registration fees that buyers and sellers must pay when completing a property transaction.

When a property is registered, the guideline value is used to calculate the applicable charges. Buyers should be aware that the stamp duty is charged based on the higher of the guideline value or the sale price, ensuring transparency in property dealings.

Frequently asked questions

What is the current guideline value of Brindhavan Circle?

The current guideline value of Brindhavan Circle is Rs 1,001 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Brindhavan Circle has been revised several times, with the most recent increase from Rs 1,000 per sq.ft in 2023 to Rs 1,001 per sq.ft in 2024.

What is the median guideline value in Kuniyamuthur?

The median guideline value for the 410 streets in Kuniyamuthur is Rs 1,003 per sq.ft for 2024.

What are the stamp duty and registration fees for properties in Brindhavan Circle?

For a property valued at Rs 10,01,000, the stamp duty would be Rs 70,070, and the registration fee would be Rs 20,020, totaling Rs 90,090.

Where can I find the Sub Registrar Office for Brindhavan Circle?

The Sub Registrar Office for Brindhavan Circle is located at No.410a, Raja Street, Coimbatore-641001.