Guideline Value

Corporate

Guideline Value for Block 1 Krishnapalayam Road 1,2,3

₹1100/sq.ft.

The guideline value for Block 1 Krishnapalayam Road 1,2,3 in Ward A village (Erode Joint I SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward A

Village

Erode Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹557 /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 1 Krishnapalayam Road 1,2,3

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 1 Krishnapalayam Road 1,2,3 guideline value

The current guideline value for Block 1 Krishnapalayam Road 1,2,3 is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in the village of Erode under the Erode Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Block 1 Krishnapalayam Road 1,2,3 has changed

The guideline value for Block 1 Krishnapalayam Road 1,2,3 has seen several revisions over the years. In 2002, the guideline value was Rs 105 per sq.ft. This increased significantly to Rs 557 per sq.ft in 2003, marking a change of +430%. The value then rose to Rs 750 per sq.ft in 2007, reflecting a +35% change. By 2012, the guideline value was Rs 1,000 per sq.ft, which was a +33% increase from the previous revision. However, the value dropped to Rs 670 per sq.ft in 2017, showing a decrease of -33%.

In 2023, the guideline value increased to Rs 1,000 per sq.ft, and then further rose to Rs 1,100 per sq.ft in 2024, marking a +10% change. Overall, from 2002 to 2024, the guideline value has increased by +948%.

Guideline values in Ward A

In Ward A, there are 111 streets under the Erode Joint I SRO with 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, placing the guideline value of Block 1 Krishnapalayam Road 1,2,3 below this median.

Stamp duty and registration fee for property in Block 1 Krishnapalayam Road 1,2,3

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, while the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. 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 details.

Which Sub Registrar Office covers Block 1 Krishnapalayam Road 1,2,3?

The Sub Registrar Office that covers Block 1 Krishnapalayam Road 1,2,3 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 plays a crucial role during the registration of property transactions in Ward A. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid, ensuring that the government receives the appropriate revenue from property sales.

When a property is bought or sold, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This process helps maintain transparency and standardization in property transactions.

Frequently asked questions

What is the current guideline value for Block 1 Krishnapalayam Road 1,2,3?

The current guideline value for Block 1 Krishnapalayam Road 1,2,3 is Rs 1,100 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 1,100 per sq.ft in 2024, marking an overall increase of +948%.

What is the stamp duty for a property in Block 1 Krishnapalayam Road 1,2,3?

The stamp duty for a property in Block 1 Krishnapalayam Road 1,2,3 is 7% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office for this property located?

The Sub Registrar Office for Block 1 Krishnapalayam Road 1,2,3 is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

What are the other streets in Ward A with their guideline values?

Other streets in Ward A include Block 1 Krishnampalayam Harijan Colony and Block 1 Madhavakadu Layout, both at Rs 770 per sq.ft, as well as Block 1 New State Bank colony and Block 1 O.M.R.Colony, both at Rs 1,100 per sq.ft.