Guideline Value

Corporate

Guideline Value for Block 28 Brough Road Main Road Part 1

₹4400/sq.ft.

The guideline value for Block 28 Brough Road Main Road Part 1 in Ward C village (Erode Joint I SRO, Coimbatore zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Commercial Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹2000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹1321 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1179 /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 Brough Road Main Road Part 1

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Block 28 Brough Road Main Road Part 1 guideline value

The current guideline value of Block 28 Brough Road Main Road Part 1 is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Ward C, under the Erode Joint I SRO, and is classified as Commercial Class I Type - I.

How the guideline value of Block 28 Brough Road Main Road Part 1 has changed

The guideline value for Block 28 Brough Road Main Road Part 1 has seen several revisions over the years. Starting from Rs 1,179 per sq.ft in 2002, it increased to Rs 1,321 per sq.ft in 2003, marking a 12% rise. The value then rose to Rs 2,000 per sq.ft in 2007, reflecting a 51% increase. In 2012, the value was recorded at Rs 4,000 per sq.ft, which was a significant 100% jump from the previous revision. However, in 2017, the value decreased to Rs 2,680 per sq.ft, showing a decline of 33%. The guideline value then increased to Rs 4,000 per sq.ft in 2023, followed by a further increase to Rs 4,400 per sq.ft in 2024, which is a 10% rise.

Overall, from 2002 to 2024, the guideline value has increased by 273%. The register does not have figures for any other years for this street.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 1,375 per sq.ft. The guideline value of Block 28 Brough Road Main Road Part 1 is above this median.

Stamp duty and registration fee for property in Block 28 Brough Road Main Road Part 1

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value would be Rs 44,00,000. The stamp duty at 7% would amount to Rs 3,08,000, while the registration fee at 2% would be Rs 88,000, bringing the total fees to Rs 3,96,000. It is important to note that the 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 Brough Road Main Road Part 1?

The Sub Registrar Office that covers Block 28 Brough Road Main Road Part 1 is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, in the Coimbatore registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor when registering property transactions in Ward C. It determines the minimum value at which a property can be registered, ensuring that the government receives the appropriate stamp duty and registration fees based on this value.

When buying or selling property, the guideline value serves as a reference point for both buyers and sellers. It helps in assessing the legitimacy of the sale price, as the registration office will charge fees based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Block 28 Brough Road Main Road Part 1?

The current guideline value of Block 28 Brough Road Main Road Part 1 is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 1,179 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, marking an overall increase of 273%.

What is the stamp duty for property in Block 28 Brough Road Main Road Part 1?

The stamp duty for property in Block 28 Brough Road Main Road Part 1 is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for this property located?

The Erode Joint I Sub Registrar Office is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What other streets are in Ward C with their guideline values?

Other streets in Ward C include Block 28 Bharathiar Street at Rs 1,100 per sq.ft, Block 28 Edaiyan Thottam at Rs 1,375 per sq.ft, and Block 27 Thillai Nagar at Rs 2,530 per sq.ft, among others.