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Guideline Value

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Guideline Value for Block 8 A.P.Thangavel Road Main Road

₹2750/sq.ft.

The guideline value for Block 8 A.p.thangavel Road Main Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 2750 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 10% change. The land classification is Commercial Class I Type - Iii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Commercial Class I Type - III
History
Period Guideline Value
From 1-7-2024 ₹2750 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹518 /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 8 A.p.thangavel Road Main Road

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Block 8 A.P.Thangavel Road Main Road guideline value

The current guideline value for Block 8 A.P.Thangavel Road Main Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO, and it falls under the Commercial Class I Type - III land classification.

How the guideline value of Block 8 A.P.Thangavel Road Main Road has changed

The guideline value for Block 8 A.P.Thangavel Road Main Road has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 105 per sq.ft, which increased significantly to Rs 518 per sq.ft in 2003. Following this, the value rose dramatically by 393% to Rs 1,750 per sq.ft in 2007. The 2012 revision saw a slight decrease to Rs 2,500 per sq.ft, which then dropped to Rs 1,675 per sq.ft in 2017, reflecting a 33% decline. However, from 2017 to 2023, the value increased by 49% to Rs 2,500 per sq.ft, and the latest 2024 revision has set the value at Rs 2,750 per sq.ft, marking a 10% increase.

There are no figures available for revisions in years not listed above. The overall change from the 2002 revision to the 2024 revision is a substantial increase of 2,519%.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO, with guideline values ranging from Rs 770 to Rs 6,600 per sq.ft as per the 2024 revision. The median guideline value for these streets is Rs 1,375 per sq.ft, positioning Block 8 A.P.Thangavel Road Main Road above this median.

Stamp duty and registration fee for property in Block 8 A.P.Thangavel Road Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value amounts to Rs 27,50,000. The stamp duty at 7% would be Rs 1,92,500, and the registration fee at 2% would be Rs 55,000, bringing the total fees together to Rs 2,47,500. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Block 8 A.P.Thangavel Road Main Road?

The Sub Registrar Office that covers Block 8 A.P.Thangavel 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 A

The guideline value is a crucial factor when registering property transactions in Ward A. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue through stamp duty and registration fees.

When buying or selling a property, the guideline value is compared with the sale price, and the higher value is used to calculate the applicable duties. This ensures transparency and fairness in property transactions within the region.

Frequently asked questions

What is the current guideline value for Block 8 A.P.Thangavel Road Main Road?

The current guideline value for Block 8 A.P.Thangavel Road Main Road 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 significantly from Rs 105 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, showing an overall increase of 2,519% over this period.

What is the stamp duty for properties in this area?

The stamp duty for properties in Block 8 A.P.Thangavel Road Main Road is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Block 8 A.P.Thangavel Road Main Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What is the median guideline value in Ward A?

The median guideline value in Ward A is Rs 1,375 per sq.ft, with Block 8 A.P.Thangavel Road Main Road's value being above this median.