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Guideline Value

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Guideline Value for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2

₹771/sq.ft.

The guideline value for Block 26 Ramasamy Pillai Street 1,2 Or Agasthiyar Street 1,2 in Ward D 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 Ii Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward D

Village

Erode Joint I

SRO

Residential Class II Type - III
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 ₹402 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹600 /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 26 Ramasamy Pillai Street 1,2 Or Agasthiyar Street 1,2

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Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 guideline value

The current guideline value for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 is Rs 771 per sq.ft, effective from 1 July 2024. This property is located in Ward D under the Erode Joint I SRO and is classified as Residential Class II Type - III.

How the guideline value of Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 has changed

The guideline value for this street has undergone several revisions over the years. The 2012 revision set the value at Rs 600 per sq.ft, which then decreased to Rs 402 per sq.ft in the 2017 revision. Following this, the value significantly increased to Rs 700 per sq.ft in 2023, and then rose to Rs 771 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 29%. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Guideline values in Ward D

In Ward D, there are 200 streets with a guideline value for 2024 ranging from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 798 per sq.ft. The guideline value for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 is below this median.

Stamp duty and registration fee for property in Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2

For a 1,000 sq.ft plot at the current guideline value of Rs 771 per sq.ft, the total guideline value amounts to 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, leading to a total of Rs 69,390. Duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2?

The Sub Registrar Office that covers Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 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 D

The guideline value plays a crucial role in the registration process of property transactions in Ward D. It serves as a benchmark for calculating the stamp duty and registration fees that buyers must pay when purchasing property.

When selling property, the guideline value is also important as it can influence the sale price. The registration office uses the guideline value to ensure that the correct fees are collected based on the property's assessed value.

Frequently asked questions

What is the current guideline value for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2?

The current guideline value for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 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 600 per sq.ft in 2012 to Rs 402 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 771 per sq.ft in 2024.

What is the land classification for this street?

Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 is classified as Residential Class II Type - III.

What are the stamp duty and registration fees for a property here?

For a property of 1,000 sq.ft at the current guideline value, the total guideline value is Rs 7,71,000. The stamp duty is Rs 53,970 and the registration fee is Rs 15,420, totaling Rs 69,390.

Which office handles the registration for this street?

The registration for Block 26 Ramasamy Pillai Street 1,2 OR Agasthiyar Street 1,2 is handled by the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.