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Guideline Value

Corporate

Guideline Value for Block 12 Old Railway Station Road

₹771/sq.ft.

The guideline value for Block 12 Old Railway Station Road in Ward E village (Erode Joint I SRO, Coimbatore zone) is Rs 771 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward E

Village

Erode Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹771 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹266 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹235 /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 Old Railway Station Road

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Block 12 Old Railway Station Road guideline value

The current guideline value for Block 12 Old Railway Station Road is Rs 771 per sq.ft, effective from 1 July 2024. This property is located in Ward E village, under the Erode Joint I SRO, and falls under the Residential Class III Type - I land classification.

How the guideline value of Block 12 Old Railway Station Road has changed

The guideline value for Block 12 Old Railway Station Road has seen several revisions over the years. In 2002, the value was Rs 235 per sq.ft, which increased to Rs 266 per sq.ft in 2003, marking a change of +13%. The value further rose to Rs 350 per sq.ft in 2007 (+32%), then to Rs 500 per sq.ft in 2012 (+43%). However, it decreased to Rs 335 per sq.ft in 2017, showing a decline of -33%. The value then surged to Rs 700 per sq.ft in 2023 (+109%), before reaching the current rate of Rs 771 per sq.ft in 2024, an increase of +10%.

There are no figures available for the revisions in the years not mentioned in the register. Overall, from 2002 to 2024, the guideline value has increased by +228%.

Guideline values in Ward E

In Ward E, there are 196 streets under the Erode Joint I SRO, with 2024 guideline values ranging from Rs 770 to Rs 6,600 per sq.ft. The median value for these streets is Rs 825 per sq.ft, indicating that the 2024 figure for Block 12 Old Railway Station Road is below this median.

Stamp duty and registration fee for property in Block 12 Old Railway Station Road

For a 1,000 sq.ft plot at the current guideline value of Rs 771 per sq.ft, the total guideline value would be Rs 7,71,000. The stamp duty at 7% would be Rs 53,970, and the registration fee at 2% would be Rs 15,420, totaling Rs 69,390. Duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 12 Old Railway Station Road?

The Sub Registrar Office that covers Block 12 Old Railway Station 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 E

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

Frequently asked questions

What is the current guideline value of Block 12 Old Railway Station Road?

The current guideline value of Block 12 Old Railway Station Road is Rs 771 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 235 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, reflecting a total increase of +228% over the years.

What is the stamp duty for properties on Block 12 Old Railway Station Road?

The stamp duty for properties on Block 12 Old Railway Station Road is 7% of the guideline value or the sale price, whichever is higher.

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

The Sub Registrar Office for Block 12 Old Railway Station Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

What are the guideline values of other streets in Ward E?

Other streets in Ward E have guideline values ranging from Rs 770 to Rs 6,600 per sq.ft, with the median value being Rs 825 per sq.ft. The 2024 figures for nearby streets can be found in the provided links.