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Guideline Value

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Guideline Value for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road

₹3300/sq.ft.

The guideline value for Block 15 A.veerapathra Road 1.2.3 (or) Sakthi Main Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 3300 per sq.ft, effective 1 July 2024. It was Rs 3000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Commercial Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹3300 /sq.ft.
From 1-4-2023 ₹3000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2010 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹3000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1293 /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 15 A.veerapathra Road 1.2.3 (or) Sakthi Main Road

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Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road guideline value

The current guideline value for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road is Rs 3,300 per sq.ft, effective from 1 July 2024. This property is located in Ward A village and falls under the Erode Joint I SRO, classified as Commercial Class I Type - II.

How the guideline value of Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road has changed

The guideline value for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road has seen several revisions over the years. Starting from Rs 105 per sq.ft in 2002, the value increased significantly to Rs 1,293 per sq.ft in 2003, marking a change of +1131%. The value then rose to Rs 2,000 per sq.ft in 2007 (+55%), followed by an increase to Rs 3,000 per sq.ft in 2012 (+50%). However, there was a decrease to Rs 2,010 per sq.ft in 2017 (-33%). The latest revisions show an increase to Rs 3,000 per sq.ft in 2023 (+49%), and finally to Rs 3,300 per sq.ft in 2024 (+10%).

There are no figures available for the revisions in years not listed. The overall increase from 2002 to 2024 is +3043%, reflecting significant changes in the guideline value over time.

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 value for these streets is Rs 1,375 per sq.ft, placing Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road above this median.

Stamp duty and registration fee for property in Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road

For a 1,000 sq.ft plot at the current rate of Rs 3,300 per sq.ft, the guideline value amounts to Rs 33,00,000. The stamp duty at 7% would be Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, totaling Rs 2,97,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road?

The Sub Registrar Office that covers Block 15 A.Veerapathra Road 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 plays a crucial role during property registration in Ward A. It is the benchmark used to determine the stamp duty and registration fees payable at the time of registration. Buyers and sellers must be aware of this value to ensure compliance with legal requirements.

When a property is sold, the higher of the guideline value or the sale price is considered for calculating the applicable duties. This ensures that the government receives the correct amount of revenue from property transactions.

Frequently asked questions

What is the current guideline value for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road?

The current guideline value for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road is Rs 3,300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 105 per sq.ft in 2002 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of +3043% over the years.

What is the stamp duty for properties in this area?

The stamp duty for properties in Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road is calculated at 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Block 15 A.Veerapathra Road 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.

What is the land classification for this property?

The land classification for Block 15 A.Veerapathra Road 1.2.3 (or) Sakthi Main Road is Commercial Class I Type - II, indicating its suitability for commercial activities.