Guideline Value for Block 8 Power House road
₹1100/sq.ft.
The guideline value for Block 8 Power House Road in Ward B 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 B
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 | N/A |
| From 1-4-2003 To 31-7-2007 | N/A |
| From 1-4-2002 To 31-3-2003 | N/A |
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 Power House Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Erode Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Block 8 Power House road guideline value
The current guideline value for Block 8 Power House road is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward B village under the Erode Joint I SRO and is classified as Residential Class II Type - I.
How the guideline value of Block 8 Power House road has changed
The guideline value for Block 8 Power House road has seen several revisions over the years. The 2012 revision set the value at Rs 1,000 per sq.ft, which then decreased to Rs 670 per sq.ft in the 2017 revision. Following this, the value increased to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft from the 2024 revision, marking a 10% increase from the previous year. The register has no figure for this street in the years 2002, 2003, and 2007.
From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased significantly by 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%.
Guideline values in Ward B
In Ward B, there are 170 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 is Rs 1,100 per sq.ft, which is the same as the guideline value for Block 8 Power House road.
- Block 8 Periyana Street: Rs 1,100 per sq.ft (2024)
- Block 8 Mosuvana Street: Rs 1,100 per sq.ft (2024)
- Block 8 Kalaimagal School Road: Rs 1,375 per sq.ft (2024)
- Block 9 E.V.Nanjappa Street: Rs 3,300 per sq.ft (2024)
- Block 9 Kalaimagal School Road: Rs 1,100 per sq.ft (2024)
- Block 8 Chenniappa Street: Rs 1,925 per sq.ft (2024)
Stamp duty and registration fee for property in Block 8 Power House road
For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value totals Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, while the registration fee at 2% would be Rs 22,000, bringing the total to 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 8 Power House road?
The Sub Registrar Office that covers Block 8 Power House 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 B
The guideline value is a crucial factor when registering property transactions in Ward B. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the sale or purchase of property.
When a property is sold, the guideline value is used to calculate the applicable charges, ensuring that both buyers and sellers are aware of the financial obligations involved in the transaction. This process helps maintain transparency in property dealings within the region.
Frequently asked questions
What is the current guideline value for Block 8 Power House road?
The current guideline value for Block 8 Power House 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 1,000 per sq.ft in 2012 to Rs 670 per sq.ft in 2017, then to Rs 1,000 per sq.ft in 2023, and currently stands at Rs 1,100 per sq.ft from the 2024 revision.
What is the land classification for Block 8 Power House road?
Block 8 Power House road is classified as Residential Class II Type - I under the Erode Joint I SRO.
What are the other streets in Ward B with the same guideline value?
Other streets in Ward B with the same guideline value of Rs 1,100 per sq.ft include Block 8 Periyana Street and Block 8 Mosuvana Street.
Where can I find the Sub Registrar Office for this area?
The Sub Registrar Office for Block 8 Power House road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.
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