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Guideline Value

Corporate

Guideline Value for Block 8 Pumpings Station Road Main Road

₹825/sq.ft.

The guideline value for Block 8 Pumpings Station Road Main Road in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹825 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /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 Pumpings Station Road Main Road

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Block 8 Pumpings Station Road Main Road guideline value

The current guideline value for Block 8 Pumpings Station Road Main Road is Rs 825 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO and falls under the Residential Class II Type - II land classification.

How the guideline value of Block 8 Pumpings Station Road Main Road has changed

The guideline value for Block 8 Pumpings Station Road Main Road has seen several revisions over the years. The 2012 revision set the value at Rs 750 per sq.ft, which was followed by a decrease to Rs 502 per sq.ft in 2017. However, from 2017 to 2023, the value increased significantly to Rs 750 per sq.ft, marking a 49% rise. The most recent revision in 2024 has further increased the guideline value to Rs 825 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO that have a 2024 guideline value ranging from Rs 770 to Rs 6,600 per sq.ft. The median value is Rs 1,375 per sq.ft, which means that the guideline value for Block 8 Pumpings Station Road Main Road is below this median.

Stamp duty and registration fee for property in Block 8 Pumpings Station Road Main Road

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value would be Rs 8,25,000. The stamp duty at 7% would amount to Rs 57,750, and the registration fee at 2% would be Rs 16,500, making the total fees Rs 74,250. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for further calculations.

Which Sub Registrar Office covers Block 8 Pumpings Station Road Main Road?

The Sub Registrar Office that covers Block 8 Pumpings Station Road Main 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 more information.

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

The guideline value is an essential factor in property transactions as it determines the minimum value at which a property can be registered. When buying or selling property in Ward A, the guideline value is used to calculate the stamp duty and registration fees, ensuring that all transactions are compliant with local regulations.

It is crucial for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the property transaction. Understanding the guideline value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value for Block 8 Pumpings Station Road Main Road?

The current guideline value for Block 8 Pumpings Station Road Main Road is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 750 per sq.ft in 2023, and finally to Rs 825 per sq.ft in 2024.

What is the land classification for this property?

The land classification for Block 8 Pumpings Station Road Main Road is Residential Class II Type - II.

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

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

How is stamp duty calculated for properties in Ward A?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. In the case of Block 8 Pumpings Station Road Main Road, the stamp duty would be calculated from the guideline value of Rs 8,25,000 for a 1,000 sq.ft plot.