Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Block 28 Railway Station Road

₹771/sq.ft.

The guideline value for Block 28 Railway Station Road 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 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹250 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹221 /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 Railway Station Road

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

Block 28 Railway Station Road guideline value

The current guideline value of Block 28 Railway Station Road 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 Railway Station Road has changed

The guideline value for Block 28 Railway Station Road has seen several revisions over the years. In 2002, the guideline value was Rs 221 per sq.ft, which increased to Rs 250 per sq.ft in 2003. The value then rose to Rs 350 per sq.ft in 2007, followed by a further increase to Rs 500 per sq.ft in 2012. However, from 2012 to 2017, there was a significant decrease, bringing the value down to Rs 335 per sq.ft. The 2023 revision saw a substantial increase to Rs 700 per sq.ft, and the most recent revision in 2024 has set the value at Rs 771 per sq.ft.

Overall, from 2002 to 2024, the guideline value has increased by 249%. The changes between the revisions include a 13% increase from 2002 to 2003, a 40% increase from 2003 to 2007, a 43% increase from 2007 to 2012, a 33% decrease from 2012 to 2017, a 109% increase from 2017 to 2023, and a 10% increase from 2023 to 2024.

Guideline values in Ward E

Ward E contains 196 streets under the Erode Joint I SRO, with 2024 guideline values ranging from Rs 770 to Rs 6,600 per sq.ft. The median guideline value in this area is Rs 825 per sq.ft, placing Block 28 Railway Station Road below this median.

Stamp duty and registration fee for property in Block 28 Railway Station Road

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, resulting in a total of Rs 69,390. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 28 Railway Station Road?

The Sub Registrar Office that covers Block 28 Railway Station 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 property registration process in Ward E. It is used to determine the stamp duty and registration fees when a property is bought or sold. Buyers and sellers must be aware of the current guideline value to ensure compliance with the legal requirements during the transaction.

When registering a property, the guideline value serves as a benchmark for calculating the applicable fees. It is essential for both buyers and sellers to understand that the guideline value may differ from the actual sale price, and the higher amount will be used for fee calculations.

Frequently asked questions

What is the current guideline value of Block 28 Railway Station Road?

The current guideline value of Block 28 Railway Station Road 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 significantly from Rs 221 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, reflecting an overall increase of 249%.

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

Other streets in Ward E include Block 28 Railway Colony Road and Block 28 Poondhurai Road, both valued at Rs 1,100 per sq.ft in 2024, among others listed above.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, for a property valued at Rs 7,71,000, the stamp duty would be Rs 53,970 at a rate of 7%.

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

The Sub Registrar Office for Block 28 Railway Station Road is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone. You can find more information through the provided link.