Guideline Value

Corporate

Guideline Value for Block 10 K.N.Kuppusamy Road

₹1100/sq.ft.

The guideline value for Block 10 K.n.kuppusamy Road in Ward C village (Erode Joint I SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹434 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹387 /sq.ft.
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Annai Sathya Nagar, Iranian Street,rangapalayam,erode-638009
0424-2330032
[email protected]

DRO (District Registrar Office)

Dr Office Compound, Annasathya Nagar, Iraniyan Street, Rangampalayam, Erode - 638 009.
0424-2330031
[email protected], [email protected]

DIG (Deputy Inspector General)

6/1, Grd Road, Redfields, Coimbatore - 18.
0422-2222407
[email protected]
Records for a plot on Block 10 K.n.kuppusamy Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Block 10 K.N.Kuppusamy Road guideline value

The current guideline value of Block 10 K.N.Kuppusamy Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward C village under the Erode Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Block 10 K.N.Kuppusamy Road has changed

The guideline value for Block 10 K.N.Kuppusamy Road has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 387 per sq.ft. This increased to Rs 434 per sq.ft in 2003, marking a growth of 12%. In 2007, the value rose to Rs 750 per sq.ft, an increase of 73%. The 2012 revision saw a decrease to Rs 1,000 per sq.ft, a drop of 33%. The value then remained at Rs 1,000 per sq.ft until the 2017 revision, which increased it to Rs 670 per sq.ft, reflecting a significant change.

From 2017 to 2023, the guideline value increased by 49% to Rs 1,000 per sq.ft. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, representing a 10% increase from the previous year. There are no figures available for the years not listed in the register for this street.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft. The median value for these streets is Rs 1,375 per sq.ft, placing Block 10 K.N.Kuppusamy Road below this median.

Stamp duty and registration fee for property in Block 10 K.N.Kuppusamy Road

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value would be Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, bringing the total to Rs 99,000. It is important to note that 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 details.

Which Sub Registrar Office covers Block 10 K.N.Kuppusamy Road?

The Sub Registrar Office covering Block 10 K.N.Kuppusamy Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value plays a crucial role in the registration process when buying or selling property in Ward C. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher of the two amounts is used to calculate the applicable duties and fees. This ensures that the government receives the correct revenue from property transactions.

Frequently asked questions

What is the current guideline value of Block 10 K.N.Kuppusamy Road?

The current guideline value of Block 10 K.N.Kuppusamy Road is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 387 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, marking an overall increase of 184% over the years.

What is the registration office for Block 10 K.N.Kuppusamy Road?

The registration office for Block 10 K.N.Kuppusamy Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000 at 7%.

Are there other streets in Ward C with different guideline values?

Yes, there are other streets in Ward C with varying guideline values. For instance, Block 10 Bhavani Road has a guideline value of Rs 1,650 per sq.ft for 2024, while Block 10 Gandhipuram is valued at Rs 771 per sq.ft.