yes the newer model of corolla grande does not go above 200kmph i have tested and tried it 4-5 times and even once i went to 200 on islamabad expressway at 4 Am in morning. it wont go above it even on V Power. The limiter is clearly on 200. Grande which came with immobolizer has speed limiter on 200 while other variants may not have that speed limiter.
About your brake problem , islamabad roads are slipprier and due to more dust now a days and very less rain in previous months , the roads have a layer of dust on them making it harder to grip the road and brakes work less.
Braking becomes better after rain in islamabad.
No worries i have the same car.
Btw change the oil to toyota taglon fully synthetic. you tend to give hard time to car