Guideline Value

Corporate

Guideline Value for Block 13 E.V.Nanjappa Nagar Road

₹6600/sq.ft.

The guideline value for Block 13 E.v.nanjappa Nagar Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 6600 per sq.ft, effective 1 July 2024. It was Rs 6000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Special Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Commercial Special Type - I
History
Period Guideline Value
From 1-7-2024 ₹6600 /sq.ft.
From 1-4-2023 ₹6000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹4020 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹6000 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
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 13 E.v.nanjappa Nagar Road

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Block 13 E.V.Nanjappa Nagar Road guideline value

The current guideline value for Block 13 E.V.Nanjappa Nagar Road is Rs 6,600 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 Special Type - I.

How the guideline value of Block 13 E.V.Nanjappa Nagar Road has changed

The guideline value for Block 13 E.V.Nanjappa Nagar Road has seen several revisions over the years. Starting from the 2012 revision, the guideline value was Rs 6,000 per sq.ft. In 2017, it decreased to Rs 4,020 per sq.ft, reflecting a decline of 33%. However, the value increased significantly in the following years, reaching Rs 6,000 per sq.ft in 2023, which is a 49% increase from 2017. The most recent revision in 2024 set the value at Rs 6,600 per sq.ft, marking a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO, with guideline values ranging from Rs 770 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 1,375 per sq.ft, placing Block 13 E.V.Nanjappa Nagar Road's value above that median.

Stamp duty and registration fee for property in Block 13 E.V.Nanjappa Nagar Road

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value amounts to Rs 66,00,000. The stamp duty at 7% would be Rs 4,62,000, while the registration fee at 2% would be Rs 1,32,000. Together, the total cost for stamp duty and registration fee would be Rs 5,94,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 13 E.V.Nanjappa Nagar Road?

The Sub Registrar Office that covers Block 13 E.V.Nanjappa Nagar Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, in the 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 is a critical factor when registering property transactions in Ward A. It serves as a benchmark for calculating stamp duty and registration fees, ensuring that the government receives appropriate revenue from property transactions.

When buying or selling property, the guideline value helps determine the minimum value at which the property can be registered. This value is essential for both buyers and sellers to understand their financial obligations during the registration process.

Frequently asked questions

What is the current guideline value for Block 13 E.V.Nanjappa Nagar Road?

The current guideline value for Block 13 E.V.Nanjappa Nagar Road is Rs 6,600 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 6,000 per sq.ft in 2023 to Rs 6,600 per sq.ft in 2024, reflecting a 10% increase. It was Rs 4,020 per sq.ft in 2017 and Rs 6,000 per sq.ft in 2012, showing a significant rise in recent years.

What is the land classification for Block 13 E.V.Nanjappa Nagar Road?

Block 13 E.V.Nanjappa Nagar Road is classified as Commercial Special Type - I, indicating its suitability for commercial activities.

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

The Sub Registrar Office for Block 13 E.V.Nanjappa Nagar Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 66,00,000 would incur a stamp duty of Rs 4,62,000 and a registration fee of Rs 1,32,000.