Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road

₹4400/sq.ft.

The guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1154 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹105 /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 Veerapathraroad 1,2,3(or) Sakthi Main 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 Veerapathraroad 1,2,3(or) Sakthi Main Road guideline value

The current guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO and is classified as Commercial Class I Type - I.

How the guideline value of Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road has changed

Over the years, the guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road has seen significant changes. In 2002, the guideline value was Rs 105 per sq.ft, which rose to Rs 1,154 per sq.ft in 2003, marking an increase of 999%. The value continued to rise, reaching Rs 2,000 per sq.ft in 2007, a 73% increase from the previous revision. By 2012, the value was Rs 4,000 per sq.ft, reflecting a 100% increase from 2007. However, in 2017, it dropped to Rs 2,680 per sq.ft, a decrease of 33%. The value then increased to Rs 4,000 per sq.ft in 2023, and finally, it rose to Rs 4,400 per sq.ft in 2024, showing a 10% increase.

The overall change from 2002 to 2024 is a remarkable increase of 4090%. The register has no figures for this street for the years not mentioned.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO that carry a 2024 guideline value, ranging from Rs 770 to Rs 6,600 per sq.ft, with a median value of Rs 1,375 per sq.ft. The guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road is above this median.

Stamp duty and registration fee for property in Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, making the total Rs 3,96,000. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road?

The Sub Registrar Office that covers Block 10 Veerapathraroad 1,2,3(or) Sakthi Main 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 A

The guideline value is an essential factor when registering property transactions in Ward A. It determines the minimum value at which properties must be registered, ensuring that the government receives the appropriate revenue from stamp duty and registration fees.

When buying or selling property, the guideline value helps in assessing the transaction's legitimacy and provides a benchmark for pricing. This ensures that both buyers and sellers are aware of the property's value as per the official records.

Frequently asked questions

What is the current guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road?

The current guideline value for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 105 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, showing an overall increase of 4090% over this period.

What is the land classification for this area?

Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road is classified as Commercial Class I Type - I.

What are the stamp duty and registration fees for this property?

The stamp duty is calculated at 7% and the registration fee at 2% of the guideline value. For a 1,000 sq.ft plot, the total fees would amount to Rs 3,96,000.

Which office handles registrations for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road?

The Erode Joint I Sub Registrar Office handles registrations for Block 10 Veerapathraroad 1,2,3(or) Sakthi Main Road, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.