Guideline Value

Corporate

Guideline Value for Block 9 E.V.K.SampathRoad

₹2750/sq.ft.

The guideline value for Block 9 E.v.k.sampathroad 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 ₹1034 /sq.ft.
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 9 E.v.k.sampathroad

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 9 E.V.K.SampathRoad guideline value

The current guideline value of Block 9 E.V.K.SampathRoad is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Ward A village, under the Erode Joint I SRO, and is classified as Commercial Class I Type - III.

How the guideline value of Block 9 E.V.K.SampathRoad has changed

The guideline value for Block 9 E.V.K.SampathRoad has undergone several revisions over the years. The earliest recorded figure is from 2003, which was Rs 1,034 per sq.ft. This figure increased to Rs 1,750 per sq.ft in 2007, followed by a rise to Rs 2,500 per sq.ft in 2012. However, there was a decrease to Rs 1,675 per sq.ft in 2017. The guideline value then increased significantly to Rs 2,500 per sq.ft in 2023, and further rose to Rs 2,750 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%. The change from 2012 to 2017 saw a decrease of 33%, while from 2007 to 2012, there was an increase of 43%. The rise from 2003 to 2007 was notable at 69%. Overall, from 2003 to 2024, the guideline value has increased by 166%. It is important to note that there are no figures available for this street in the 2002 revision.

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 guideline value in this area is Rs 1,375 per sq.ft, placing Block 9 E.V.K.SampathRoad above this median.

Stamp duty and registration fee for property in Block 9 E.V.K.SampathRoad

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, totaling 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 the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 9 E.V.K.SampathRoad?

The Sub Registrar Office that covers Block 9 E.V.K.SampathRoad 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 plays a crucial role in the registration process when buying or selling property in Ward A. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction. Buyers and sellers must consider this value to ensure compliance with local regulations.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Block 9 E.V.K.SampathRoad?

The current guideline value of Block 9 E.V.K.SampathRoad 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 from Rs 1,034 per sq.ft in 2003 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 166% over this period.

What is the registration office for Block 9 E.V.K.SampathRoad?

The registration office for Block 9 E.V.K.SampathRoad is the Erode Joint I Sub Registrar Office, 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. For example, for a property valued at Rs 27,50,000, the stamp duty at 7% would be Rs 1,92,500.

What is the land classification for Block 9 E.V.K.SampathRoad?

Block 9 E.V.K.SampathRoad is classified as Commercial Class I Type - III, which indicates its suitability for commercial activities.