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

Guideline Value

Corporate

Guideline Value for Block 7 K.N.Kuppusamy Main Road`

₹1100/sq.ft.

The guideline value for Block 7 K.n.kuppusamy Main 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 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹520 /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 7 K.n.kuppusamy Main 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 7 K.N.Kuppusamy Main Road` guideline value

The current guideline value of Block 7 K.N.Kuppusamy Main 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 and is classified as Residential Class II Type - I.

How the guideline value of Block 7 K.N.Kuppusamy Main Road` has changed

The guideline value for Block 7 K.N.Kuppusamy Main Road` has seen several revisions over the years. Starting from Rs 105 per sq.ft in 2002, it increased significantly to Rs 520 per sq.ft in 2003, marking a remarkable change of +395%. The value then rose to Rs 750 per sq.ft in 2007, which was an increase of +44%. Following this, the 2012 revision saw a decrease to Rs 1,000 per sq.ft, reflecting a change of -33%. In 2017, the value was revised again to Rs 670 per sq.ft, and then it increased to Rs 1,000 per sq.ft in 2023, reflecting a significant change of +49%.

The most recent revision in 2024 set the guideline value at Rs 1,100 per sq.ft, which is a +10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by +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. The median value for these streets is Rs 1,375 per sq.ft, making the 2024 guideline value of Block 7 K.N.Kuppusamy Main Road` below that median.

Stamp duty and registration fee for property in Block 7 K.N.Kuppusamy Main Road`

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, making the total fees together Rs 99,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 7 K.N.Kuppusamy Main Road`?

The Sub Registrar Office that covers Block 7 K.N.Kuppusamy Main Road` 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 A

The guideline value is a critical factor when buying or selling property in Ward A. It serves as a benchmark for calculating the stamp duty and registration fees that are payable during the registration process. Buyers and sellers must be aware of the current guideline value to ensure they comply with the legal requirements during property transactions.

When a property is sold, the guideline value helps determine the minimum value on which stamp duty is calculated. This means that if the sale price is lower than the guideline value, the stamp duty will be based on the guideline value, ensuring that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Block 7 K.N.Kuppusamy Main Road`?

The current guideline value of Block 7 K.N.Kuppusamy Main 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 from Rs 105 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of +948% over the years.

What is the classification of the land in Block 7 K.N.Kuppusamy Main Road`?

The land in Block 7 K.N.Kuppusamy Main Road` is classified as Residential Class II Type - I.

Where is the Sub Registrar Office located for this area?

The Sub Registrar Office covering Block 7 K.N.Kuppusamy Main Road` is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

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 of the property. For example, a property valued at Rs 11,00,000 would incur a stamp duty of Rs 77,000 at 7%.