Guideline Value for Block 36 East Anumantharayan St

Block 36 East Anumantharayan St guideline value

The current guideline value for Block 36 East Anumantharayan St is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Ward C village under the Erode Joint I SRO, classified as Commercial Class I Type - III.

How the guideline value of Block 36 East Anumantharayan St has changed

Starting from the 2003 revision, the guideline value was Rs 1,613 per sq.ft. It increased to Rs 2,000 per sq.ft in 2007, followed by a rise to Rs 2,500 per sq.ft in 2012. The value then decreased to Rs 1,675 per sq.ft in 2017, before climbing to Rs 2,500 per sq.ft in 2023. The most recent revision in 2024 shows a further increase to Rs 2,750 per sq.ft.

The changes between these revisions include a +24% increase from 2003 to 2007, a +25% increase from 2007 to 2012, a -33% decrease from 2012 to 2017, a +49% increase from 2017 to 2023, and a +10% increase from 2023 to 2024. The overall increase from 2003 to 2024 is +70%. The register has no figure for the year 2002 for this street.

Guideline values in Ward C

In Ward C, the guideline values range from Rs 770 to Rs 7,700 per sq.ft as per the 2024 revision, with a median value of Rs 1,375 per sq.ft. The guideline value for Block 36 East Anumantharayan St is above this median.

• Block 36 Brough Road Part 1: Rs 6,600 per sq.ft (2024)
• Block 36 Easwaran Kovil Street: Rs 4,400 per sq.ft (2024)
• Block 35 West Anumantharayar Kovil Street Part 1: Rs 2,750 per sq.ft (2024)
• Block 36 Muthuranga Street: Rs 3,300 per sq.ft (2024)
• Block 35 Thiruvenkatasamy Street: Rs 3,300 per sq.ft (2024)
• Block 36 Nethaji Road Part 1: Rs 2,750 per sq.ft (2024)

Stamp duty and registration fee for property in Block 36 East Anumantharayan St

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 27,50,000. The stamp duty at 7% amounts to Rs 1,92,500, and the registration fee at 2% is Rs 55,000, totaling Rs 2,47,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 36 East Anumantharayan St?

The Sub Registrar Office that covers Block 36 East Anumantharayan St 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 C

The guideline value is a crucial factor in the registration process when buying or selling property in Ward C. It determines the amount of stamp duty and registration fees that need to be paid, which are calculated based on the guideline value or the sale price, whichever is higher.

When a property is registered, the guideline value ensures that the transaction is documented at a fair value, reflecting the current market conditions. This helps maintain transparency and accountability in property transactions within the region.

Frequently asked questions

What is the current guideline value of Block 36 East Anumantharayan St?

The current guideline value of Block 36 East Anumantharayan St is Rs 2,750 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,613 per sq.ft in 2003 to Rs 2,750 per sq.ft in 2024, with several revisions in between showing fluctuations in value.

What is the land classification for Block 36 East Anumantharayan St?

Block 36 East Anumantharayan St is classified as Commercial Class I Type - III.

What are the stamp duty and registration fees for this property?

For a 1,000 sq.ft plot, the total stamp duty and registration fees amount to Rs 2,47,500, which includes a stamp duty of Rs 1,92,500 and a registration fee of Rs 55,000.

Where is the Sub Registrar Office for this area located?

The Sub Registrar Office for Block 36 East Anumantharayan St is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.