Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for Block 9 Veerapathra Road (or) Sakthi Road

₹2750/sq.ft.

The guideline value for Block 9 Veerapathra Road (or) Sakthi 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 ₹1154 /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 Veerapathra Road (or) Sakthi Road

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 Veerapathra Road (or) Sakthi Road guideline value

The current guideline value for Block 9 Veerapathra Road (or) Sakthi Road is Rs 2,750 per sq.ft, effective from 1 July 2024. This property is located in Ward A village under the Erode Joint I SRO, classified as Commercial Class I Type - III.

How the guideline value of Block 9 Veerapathra Road (or) Sakthi Road has changed

The guideline value for Block 9 Veerapathra Road (or) Sakthi Road has undergone several revisions over the years. Starting from the 2002 revision, the guideline value was Rs 105 per sq.ft. This figure saw a significant increase to Rs 1,154 per sq.ft in the 2003 revision, marking a change of +999%. The 2007 revision set the value at Rs 1,750 per sq.ft, which was a +52% increase. However, in the 2012 revision, the value dropped to Rs 2,500 per sq.ft, resulting in a decrease of -33%. The 2017 revision brought it back up to Rs 1,675 per sq.ft, an increase of +49%. The 2023 revision set the value at Rs 2,500 per sq.ft, and the most recent 2024 revision increased it to Rs 2,750 per sq.ft, reflecting a +10% change.

There are no figures available for the years not mentioned in the register for this street. Overall, from 2002 to 2024, the guideline value has increased by +2519%.

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, with a median of Rs 1,375 per sq.ft. The guideline value for Block 9 Veerapathra Road (or) Sakthi Road is above this median.

Stamp duty and registration fee for property in Block 9 Veerapathra Road (or) Sakthi Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,750 per sq.ft, the total guideline value would be 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. 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 Veerapathra Road (or) Sakthi Road?

The Sub Registrar Office covering Block 9 Veerapathra Road (or) Sakthi 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 determines the minimum value at which a property can be registered, ensuring that the transaction is documented accurately for legal purposes.

When a property is sold, the guideline value is used to calculate the stamp duty and registration fees. This ensures that the government receives the appropriate revenue from property transactions, based on the established guideline value.

Frequently asked questions

What is the current guideline value for Block 9 Veerapathra Road (or) Sakthi Road?

The current guideline value for Block 9 Veerapathra Road (or) Sakthi 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 significantly from Rs 105 per sq.ft in 2002 to Rs 2,750 per sq.ft in 2024, reflecting an overall increase of +2519% over the years.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 27,50,000, the stamp duty would be Rs 1,92,500, and the registration fee would be Rs 55,000, totaling Rs 2,47,500.

Which Sub Registrar Office covers this property?

The Erode Joint I Sub Registrar Office covers Block 9 Veerapathra Road (or) Sakthi Road, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What is the land classification for Block 9 Veerapathra Road (or) Sakthi Road?

The land classification for Block 9 Veerapathra Road (or) Sakthi Road is Commercial Class I Type - III.