Guideline Value

Corporate

Guideline Value for Block 14 E.V.Nanjappa Main Road

₹6600/sq.ft.

The guideline value for Block 14 E.v.nanjappa Main 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 14 E.v.nanjappa Main Road

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Block 14 E.V.Nanjappa Main Road guideline value

The current guideline value of Block 14 E.V.Nanjappa Main 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 14 E.V.Nanjappa Main Road has changed

The guideline value for Block 14 E.V.Nanjappa Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 6,000 per sq.ft, which then decreased to Rs 4,020 per sq.ft in 2017. Following this, the 2023 revision increased the value to Rs 6,000 per sq.ft, and the most recent 2024 revision has further increased it to Rs 6,600 per sq.ft.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. The overall change from 2012 to 2024 shows a modest increase of 10%. It is important to note that there are no figures available for the revisions in 2002, 2003, and 2007 for this street.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO with a 2024 guideline value ranging from Rs 770 to Rs 6,600 per sq.ft. The median value for these streets is Rs 1,375 per sq.ft, placing Block 14 E.V.Nanjappa Main Road above this median.

Stamp duty and registration fee for property in Block 14 E.V.Nanjappa Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 6,600 per sq.ft, the total guideline value would be Rs 66,00,000. The stamp duty at 7% would amount to Rs 4,62,000, and the registration fee at 2% would be Rs 1,32,000, bringing the total fees together to Rs 5,94,000. It is important to note that 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 information.

Which Sub Registrar Office covers Block 14 E.V.Nanjappa Main Road?

The Sub Registrar Office that covers Block 14 E.V.Nanjappa 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 further assistance.

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

The guideline value plays a crucial role in property transactions in Ward A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid when a property is registered. Buyers and sellers must consider the guideline value to ensure compliance with legal requirements during the transaction process.

When a property is sold, the guideline value is used to assess the minimum value on which the stamp duty is calculated. This means that if the sale price is lower than the guideline value, the stamp duty will be based on the guideline value instead of the sale price.

Frequently asked questions

What is the current guideline value of Block 14 E.V.Nanjappa Main Road?

The current guideline value of Block 14 E.V.Nanjappa Main 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, which is a 10% increase. It was Rs 4,020 per sq.ft in 2017, showing a 49% increase from that year to 2023.

What is the land classification for this property?

The land classification for Block 14 E.V.Nanjappa Main Road is Commercial Special Type - I, indicating its suitability for commercial activities.

What are the other streets in Ward A and their guideline values?

Other streets in Ward A include Block 14 A.Veerapathra Road 1.2.3 (or) Sakthi Road Main Road at Rs 4,400 per sq.ft, Block 13 Veerapathra Road 1.2.3 (or) Sakthi Main Road at Rs 5,915 per sq.ft, and several others with varying values.

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

The Sub Registrar Office for Block 14 E.V.Nanjappa Main Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.