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Guideline Value

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Guideline Value for Block 28 Agathi Perumal Kovil Huts

₹771/sq.ft.

The guideline value for Block 28 Agathi Perumal Kovil Huts in Ward E 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 Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward E

Village

Erode Joint I

SRO

Residential Class III Type - I
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 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹123 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹108 /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 28 Agathi Perumal Kovil Huts

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Block 28 Agathi Perumal Kovil Huts guideline value

The current guideline value for Block 28 Agathi Perumal Kovil Huts is Rs 771 per sq.ft, effective from 1 July 2024. This property is located in Ward E village under the Erode Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of Block 28 Agathi Perumal Kovil Huts has changed

The guideline value for Block 28 Agathi Perumal Kovil Huts has seen significant changes over the years. In 2002, the value was Rs 108 per sq.ft, which increased to Rs 123 per sq.ft in 2003. Following this, the value rose to Rs 200 per sq.ft in 2007, and then to Rs 300 per sq.ft in 2012. By 2017, the value further increased to Rs 335 per sq.ft. The 2023 revision set the value at Rs 700 per sq.ft, and the latest revision in 2024 has increased it to Rs 771 per sq.ft.

The changes between these revisions are noteworthy. From 2002 to 2024, the overall increase is 614%. The most significant jump occurred between 2017 and 2023, with a change of 109%. Other notable increases include a 50% rise from 2007 to 2012 and a 63% increase from 2003 to 2007. The register has no figure for this street for the years not mentioned.

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. The median value is Rs 825 per sq.ft, indicating that Block 28 Agathi Perumal Kovil Huts is below this median.

Stamp duty and registration fee for property in Block 28 Agathi Perumal Kovil Huts

For a 1,000 sq.ft plot at the current guideline value of Rs 771 per sq.ft, the total guideline value would be Rs 7,71,000. The stamp duty at 7% would amount to Rs 53,970, and the registration fee at 2% would be Rs 15,420, totaling Rs 69,390. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 28 Agathi Perumal Kovil Huts?

The Sub Registrar Office that covers Block 28 Agathi Perumal Kovil Huts 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 critical factor during the registration of property transactions in Ward E. It serves as a benchmark for determining the stamp duty and registration fees that are applicable to property sales. Buyers and sellers must be aware of this value to ensure compliance with local regulations.

When a property is sold, the guideline value is used to calculate the applicable duties. It is essential for both parties to understand that the duty is charged based on the higher value between the guideline value and the sale price to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value for Block 28 Agathi Perumal Kovil Huts?

The current guideline value for Block 28 Agathi Perumal Kovil Huts is Rs 771 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 108 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, reflecting an overall increase of 614% over this period.

What are the other streets in Ward E with their guideline values?

Other streets in Ward E include Block 27 Railway Colony Road at Rs 771 per sq.ft, Block 27 Poondhurai Road at Rs 1,100 per sq.ft, and several others, with values ranging from Rs 771 to Rs 2,200 per sq.ft.

How is stamp duty calculated for properties in Block 28 Agathi Perumal Kovil Huts?

Stamp duty for properties in Block 28 Agathi Perumal Kovil Huts is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot would incur a stamp duty of Rs 53,970 based on the current guideline value.

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

The Sub Registrar Office for Block 28 Agathi Perumal Kovil Huts is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode - 638009. You can find more information through the provided link.