Guideline Value

Corporate

Guideline Value for Block 29 Brough Road Main Road

₹4400/sq.ft.

The guideline value for Block 29 Brough Road Main Road 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 ₹1170 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹1044 /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 29 Brough Road Main Road

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Block 29 Brough Road Main Road guideline value

The current guideline value for Block 29 Brough Road Main Road is Rs 4,400 per sq.ft, effective from 1 July 2024. This property is located in Ward C village under the Erode Joint I SRO and is classified as Commercial Class I Type - I.

How the guideline value of Block 29 Brough Road Main Road has changed

The guideline value for Block 29 Brough Road Main Road has seen several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 1,044 per sq.ft. It increased to Rs 1,170 per sq.ft in 2003, marking a 12% rise. The next significant change occurred in 2007 when the value jumped to Rs 2,000 per sq.ft, reflecting a 71% increase. In 2012, the value was Rs 4,000 per sq.ft, which was a 100% increase from the previous revision. However, in 2017, it decreased to Rs 2,680 per sq.ft, showing a decline of 33%.

From 2017 to 2023, the guideline value rose significantly to Rs 4,000 per sq.ft, representing a 49% increase. The latest revision in 2024 set the value at Rs 4,400 per sq.ft, an increase of 10% from the previous year. There are no figures available for the revisions of years not listed in the register for this street.

Guideline values in Ward C

In Ward C, there are a total of 250 streets under the Erode Joint I SRO with a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft. The median guideline value in this area is Rs 1,375 per sq.ft, indicating that the 2024 figure for Block 29 Brough Road Main Road is above the median.

Stamp duty and registration fee for property in Block 29 Brough Road Main Road

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, and the registration fee at 2% would be Rs 88,000. Together, the total cost for duty and registration would be Rs 3,96,000. It is important to note that the 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 29 Brough Road Main Road?

The Sub Registrar Office that covers Block 29 Brough Road Main Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Ward C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider the guideline value to ensure compliance with local regulations during the property transfer process.

When a property is registered, the guideline value helps to establish the minimum value on which the stamp duty is calculated. This ensures that the government receives appropriate revenue from property transactions, reflecting the value of the property as determined by the local authorities.

Frequently asked questions

What is the current guideline value for Block 29 Brough Road Main Road?

The current guideline value for Block 29 Brough Road Main Road 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 from Rs 1,044 per sq.ft in 2002 to Rs 4,400 per sq.ft in 2024, showing an overall increase of 321% over the years.

What is the registration office for this area?

The registration office for Block 29 Brough 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?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a property valued at Rs 44,00,000, the stamp duty at 7% would be Rs 3,08,000.

What are the other streets in Ward C?

Other streets in Ward C include Block 29 Easwaran Kovil Street, Block 29 Kamarajar Street, Block 28 Thiruvalluvar Huts, Block 29 Kothukara Nalla Street, Block 28 Thillai Nagar, and Block 28 Theppakulam Street, each with their respective guideline values for 2024.