Guideline Value

Corporate

Guideline Value for Block 1 Maniyar Thottam

₹771/sq.ft.

The guideline value for Block 1 Maniyar Thottam in Ward C village (Erode Joint I SRO, Coimbatore zone) is Rs 771 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 - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹771 /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 ₹300 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹209 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹186 /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 Maniyar Thottam

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Block 1 Maniyar Thottam guideline value

The current guideline value of Block 1 Maniyar Thottam is Rs 771 per sq.ft, effective from 1 July 2024. This property is located in Ward C, under the Erode Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of Block 1 Maniyar Thottam has changed

The guideline value for Block 1 Maniyar Thottam has seen several revisions over the years. In 2002, the guideline value was Rs 186 per sq.ft, which increased to Rs 209 per sq.ft in 2003. The value then rose to Rs 300 per sq.ft in 2007, followed by a further increase to Rs 500 per sq.ft in 2012. However, the value decreased to Rs 335 per sq.ft in 2017. The subsequent revisions saw a significant increase, with the value rising to Rs 700 per sq.ft in 2023, and finally reaching Rs 771 per sq.ft in 2024.

Between the revisions, the changes were as follows: from 2002 to 2003, the increase was +12%; from 2003 to 2007, it was +44%; from 2007 to 2012, the decrease was -33%; from 2012 to 2017, it was +67%; from 2017 to 2023, the increase was +109%; and from 2023 to 2024, the increase was +10%. Overall, from 2002 to 2024, the guideline value has increased by +315%.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO with a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 1,375 per sq.ft. The guideline value for Block 1 Maniyar Thottam is below this median.

Stamp duty and registration fee for property in Block 1 Maniyar Thottam

For a 1,000 sq.ft plot at the current rate of Rs 771 per sq.ft, the guideline value would be Rs 7,71,000. The stamp duty at 7% would be Rs 53,970, and the registration fee at 2% would be Rs 15,420, bringing the total to Rs 69,390. Duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 1 Maniyar Thottam?

The Sub Registrar Office that covers Block 1 Maniyar Thottam 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 further assistance.

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

The guideline value is a crucial factor when registering property transactions in Ward C. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency in property dealings. Buyers and sellers should be aware of the current guideline value to ensure compliance with registration requirements.

Frequently asked questions

What is the current guideline value of Block 1 Maniyar Thottam?

The current guideline value of Block 1 Maniyar Thottam is Rs 771 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 186 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, with various increases and one decrease over the years.

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

Other streets in Ward C include Block 1 Krishnan Street at Rs 772 per sq.ft, Block 1 Pachiamman Kovil Street at Rs 771 per sq.ft, and Block 1 Cavuery Road Main Road at Rs 825 per sq.ft.

How is stamp duty calculated for properties in Block 1 Maniyar Thottam?

Stamp duty for properties in Block 1 Maniyar Thottam is calculated based on the guideline value or the sale price, whichever is higher. The current rate is 7% of the guideline value.

Where can I find the Sub Registrar Office for Block 1 Maniyar Thottam?

The Sub Registrar Office for Block 1 Maniyar Thottam is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.