Guideline Value

Corporate

Guideline Value for Block 19 Jeevandham Road Main Road

₹1100/sq.ft.

The guideline value for Block 19 Jeevandham Road Main Road in Ward E village (Erode Joint I SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward E

Village

Erode Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹528 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹467 /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 19 Jeevandham Road Main Road

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Block 19 Jeevandham Road Main Road guideline value

The current guideline value for Block 19 Jeevandham Road Main Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Ward E village, under the Erode Joint I SRO, and is classified as Residential Class II Type - I.

How the guideline value of Block 19 Jeevandham Road Main Road has changed

The guideline value for Block 19 Jeevandham Road Main Road has undergone several revisions over the years. In 2002, the guideline value was Rs 467 per sq.ft. This figure increased to Rs 528 per sq.ft in 2003, marking a rise of 13%. The value then experienced further growth, reaching Rs 750 per sq.ft in 2007, which was a 42% increase. By 2012, the guideline value was Rs 1,000 per sq.ft, reflecting a significant increase of 33% from the previous revision. However, in 2017, it decreased to Rs 670 per sq.ft, a drop of 33% from 2012. The value then rose again to Rs 1,000 per sq.ft in 2023, which was an increase of 49%. The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, showing a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 136%. There are no figures for revisions prior to 2002 or for any other years not mentioned in the register.

Guideline values in Ward E

In Ward E, there are 196 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 being Rs 825 per sq.ft. The guideline value for Block 19 Jeevandham Road Main Road is above this median.

Stamp duty and registration fee for property in Block 19 Jeevandham Road Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, while the registration fee at 2% would be Rs 22,000. Together, the total cost for these fees would be Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 19 Jeevandham Road Main Road?

The Sub Registrar Office that covers Block 19 Jeevandham 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 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 for buying or selling property in Ward E. It serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that both parties adhere to the legal requirements set by the government.

When a property is registered, the guideline value is compared with the sale price, and the higher amount is used to calculate the stamp duty. This process helps maintain transparency and standardization in property transactions within the region.

Frequently asked questions

What is the current guideline value for Block 19 Jeevandham Road Main Road?

The current guideline value for Block 19 Jeevandham Road Main Road is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed several times, starting from Rs 467 per sq.ft in 2002 and reaching Rs 1,100 per sq.ft in 2024, representing an overall increase of 136% over the years.

What is the land classification for Block 19 Jeevandham Road Main Road?

The land classification for Block 19 Jeevandham Road Main Road is Residential Class II Type - I.

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

The Sub Registrar Office for Block 19 Jeevandham 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 is the stamp duty calculated for property transactions?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 11,00,000 would incur a stamp duty of Rs 77,000 at a rate of 7%.