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Guideline Value

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Guideline Value for Block 12 A.P.Thangavel Road Main Road

₹1375/sq.ft.

The guideline value for Block 12 A.p.thangavel Road Main Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 1375 per sq.ft, effective 1 July 2024. It was Rs 1250 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Residential Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹1375 /sq.ft.
From 1-4-2023 ₹1250 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹837 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1250 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹420 /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 12 A.p.thangavel Road Main Road

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Block 12 A.P.Thangavel Road Main Road guideline value

The current guideline value for Block 12 A.P.Thangavel Road Main Road is Rs 1,375 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO, classified as Residential Class I Type - III.

How the guideline value of Block 12 A.P.Thangavel Road Main Road has changed

The guideline value for Block 12 A.P.Thangavel Road Main Road has undergone several revisions over the years. In 2002, the guideline value was Rs 105 per sq.ft, which increased to Rs 420 per sq.ft in 2003, marking a significant rise of 300%. The value continued to rise, reaching Rs 500 per sq.ft in 2007, a 19% increase from the previous figure. In 2012, the value was revised to Rs 1,250 per sq.ft, reflecting a substantial increase of 150%. However, it decreased by 33% to Rs 837 per sq.ft in 2017. The 2023 revision set the value at Rs 1,250 per sq.ft, before the most recent increase to Rs 1,375 per sq.ft in 2024, which is a 10% rise.

Overall, from 2002 to 2024, the guideline value has increased by 1210%. Notably, there are no figures available for the years that do not appear in this register for this particular street.

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 the median value being Rs 1,375 per sq.ft. The guideline value for Block 12 A.P.Thangavel Road Main Road matches this median.

Stamp duty and registration fee for property in Block 12 A.P.Thangavel Road Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,375 per sq.ft, the total guideline value would be Rs 13,75,000. The stamp duty at 7% would amount to Rs 96,250, and the registration fee at 2% would be Rs 27,500, bringing the total fees together to Rs 1,23,750. 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 Block 12 A.P.Thangavel Road Main Road?

The Sub Registrar Office that covers Block 12 A.P.Thangavel Road 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 details.

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

The guideline value plays a crucial role during property registration in Ward A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value is compared against the sale price. The higher of the two figures is used to calculate the applicable stamp duty and registration fees, thereby ensuring that all transactions are conducted fairly and transparently.

Frequently asked questions

What is the current guideline value for Block 12 A.P.Thangavel Road Main Road?

The current guideline value for Block 12 A.P.Thangavel Road Main Road is Rs 1,375 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 105 per sq.ft in 2002 to Rs 1,375 per sq.ft in 2024, reflecting an overall increase of 1210% over the years.

What is the land classification for this property?

Block 12 A.P.Thangavel Road Main Road is classified as Residential Class I Type - III.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Block 12 A.P.Thangavel Road Main Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 1,23,750.