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Guideline Value

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Guideline Value for Block 9 Pudhusanthai Road (or) New Bus stand Road

₹2750/sq.ft.

The guideline value for Block 9 Pudhusanthai Road (or) New Bus Stand 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 ₹1034 /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 9 Pudhusanthai Road (or) New Bus Stand Road

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Block 9 Pudhusanthai Road (or) New Bus stand Road guideline value

The current guideline value of Block 9 Pudhusanthai Road (or) New Bus stand Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This street is located in Ward A village and falls under the Erode Joint I SRO, classified as Commercial Class I Type - III.

How the guideline value of Block 9 Pudhusanthai Road (or) New Bus stand Road has changed

The guideline value for Block 9 Pudhusanthai Road (or) New Bus stand Road has seen several revisions over the years. In 2002, the value was Rs 105 per sq.ft, which increased significantly to Rs 1,034 per sq.ft in 2003, marking a rise of 885%. The value then continued to rise, reaching Rs 1,750 per sq.ft in 2007, an increase of 69%. However, it dropped to Rs 1,675 per sq.ft in 2017, showing a decline of 33%. The value then rose to Rs 2,500 per sq.ft in 2023, an increase of 49%, and finally reached Rs 2,750 per sq.ft in 2024, reflecting a 10% increase from the previous year.

It is important to note that the register has no figure for this street for the years not mentioned. Overall, from 2002 to 2024, the guideline value has increased by 2,519%.

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 value for these streets is Rs 1,375 per sq.ft, making the guideline value for Block 9 Pudhusanthai Road (or) New Bus stand Road above that median.

Stamp duty and registration fee for property in Block 9 Pudhusanthai Road (or) New Bus stand Road

For a 1,000 sq.ft plot at the current rate of Rs 2,750 per sq.ft, the 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 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 information.

Which Sub Registrar Office covers Block 9 Pudhusanthai Road (or) New Bus stand Road?

The Sub Registrar Office that covers Block 9 Pudhusanthai Road (or) New Bus stand 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 details.

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

The guideline value is a crucial factor 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.

When a property is registered, the guideline value is compared against the sale price, and the higher of the two figures is used to calculate the applicable duties and fees. This ensures that the registration process is aligned with the official valuation of properties in the area.

Frequently asked questions

What is the current guideline value of Block 9 Pudhusanthai Road (or) New Bus stand Road?

The current guideline value of Block 9 Pudhusanthai Road (or) New Bus stand 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 from Rs 105 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of 2,519% over this period.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Block 9 Pudhusanthai Road (or) New Bus stand Road is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Block 9 Pudhusanthai Road (or) New Bus stand Road is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What is the median guideline value for streets in Ward A?

The median guideline value for streets in Ward A is Rs 1,375 per sq.ft, with Block 9 Pudhusanthai Road (or) New Bus stand Road's value being above this median.