Guideline Value

Corporate

Guideline Value for Block 9 Pudhumai Colony

₹770/sq.ft.

The guideline value for Block 9 Pudhumai Colony in Ward C village (Erode Joint I SRO, Coimbatore zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹167 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹149 /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 9 Pudhumai Colony

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Block 9 Pudhumai Colony guideline value

The current guideline value of Block 9 Pudhumai Colony is Rs 770 per sq.ft, effective from 1 July 2024. This area is located in Ward C village under the Erode Joint I SRO, classified as Residential Class III Type - II.

How the guideline value of Block 9 Pudhumai Colony has changed

The guideline value for Block 9 Pudhumai Colony has seen several revisions over the years. In 2002, the value was Rs 149 per sq.ft, which increased to Rs 167 per sq.ft in 2003, marking a rise of 12%. The value continued to grow, reaching Rs 200 per sq.ft in 2007, an increase of 20%. By 2012, the value had risen to Rs 500 per sq.ft, reflecting a significant increase of 150%. However, from 2012 to 2017, the value dropped to Rs 335 per sq.ft, a decrease of 33%. The guideline value then surged to Rs 700 per sq.ft in 2023, showing a remarkable increase of 109%. The most recent revision in 2024 set the value at Rs 770 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 417%. There are no figures available for revisions in years not listed, ensuring that all changes are accounted for.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO, with guideline values ranging from Rs 770 to Rs 7,700 per sq.ft. The median value for these streets is Rs 1,375 per sq.ft, placing Block 9 Pudhumai Colony's 2024 figure below that median.

Stamp duty and registration fee for property in Block 9 Pudhumai Colony

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty, charged at 7%, amounts to Rs 53,900, while the registration fee at 2% is Rs 15,400. Together, the total cost for these fees would be Rs 69,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Block 9 Pudhumai Colony?

The Sub Registrar Office that covers Block 9 Pudhumai Colony 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 C

The guideline value is a critical factor during the registration process of property transactions in Ward C. It serves as a reference point for determining the stamp duty and registration fees that need to be paid at the time of registration.

Frequently asked questions

What is the current guideline value of Block 9 Pudhumai Colony?

The current guideline value of Block 9 Pudhumai Colony is Rs 770 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 149 per sq.ft in 2002 to Rs 770 per sq.ft in 2024, reflecting an overall increase of 417% over the years.

What is the registration office for Block 9 Pudhumai Colony?

The registration office for Block 9 Pudhumai Colony 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 Block 9 Pudhumai Colony?

Stamp duty for properties in Block 9 Pudhumai Colony is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% of the guideline value.

What are the other streets in Ward C with guideline values?

Other streets in Ward C include Block 9 R K V Nagar, Block 9 State Bank Road, Block 9 Krishnampalayam Road 1,2,3, Block 9 K.N.Kuppusamy Road, Block 9 Kannian Street 1-3, and Block 8 Veeran Street, with values ranging from Rs 770 to Rs 1,375 per sq.ft in 2024.