Guideline Value

Corporate

Guideline Value for Block 6 E.M.Balasubramaniam Road

₹1100/sq.ft.

The guideline value for Block 6 E.m.balasubramaniam Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹420 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹105 /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 6 E.m.balasubramaniam Road

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Block 6 E.M.Balasubramaniam Road guideline value

The current guideline value for Block 6 E.M.Balasubramaniam Road is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Block 6 E.M.Balasubramaniam Road has changed

The guideline value for Block 6 E.M.Balasubramaniam Road has seen various changes over the years. In 2002, the guideline value was Rs 105 per sq.ft, which increased significantly to Rs 420 per sq.ft in 2003, marking a 300% increase. The value continued to rise, reaching Rs 500 per sq.ft in 2007, a 19% increase from the previous year. The value then doubled to Rs 1,000 per sq.ft in 2012, reflecting a 100% increase.

Following the 2012 revision, the guideline value dropped to Rs 670 per sq.ft in 2017, a decrease of 33%. However, it rebounded to Rs 1,000 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 1,100 per sq.ft, representing a 10% increase from the previous year. The overall increase from 2002 to 2024 is 948%.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 6,600 per sq.ft, with a median value of Rs 1,375 per sq.ft. The guideline value for Block 6 E.M.Balasubramaniam Road is below this median.

Stamp duty and registration fee for property in Block 6 E.M.Balasubramaniam Road

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 6 E.M.Balasubramaniam Road?

The Sub Registrar Office that covers Block 6 E.M.Balasubramaniam 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 additional information.

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

The guideline value is crucial when registering property transactions in Ward A. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price.

When buying or selling property, it is essential to be aware of the current guideline value as it impacts the overall cost of the transaction. Buyers should ensure they are informed about the latest revisions to avoid any discrepancies during registration.

Frequently asked questions

What is the current guideline value for Block 6 E.M.Balasubramaniam Road?

The current guideline value for Block 6 E.M.Balasubramaniam Road is Rs 1,100 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 105 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, an overall increase of 948%.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7%, calculated on the higher of the guideline value or the sale price.

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

The Sub Registrar Office for Block 6 E.M.Balasubramaniam Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What are the guideline values for other streets in Ward A?

Other streets in Ward A have varying guideline values, with rates ranging from Rs 770 to Rs 6,600 per sq.ft. For example, Block 6 Chinnappalayout has a guideline value of Rs 825 per sq.ft in 2024.