Guideline Value

Corporate

Guideline Value for Block 1 Pachiamman Kovil Street

₹771/sq.ft.

The guideline value for Block 1 Pachiamman Kovil Street 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 ₹190 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹169 /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 Pachiamman Kovil Street

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Block 1 Pachiamman Kovil Street guideline value

The current guideline value for Block 1 Pachiamman Kovil Street is Rs 771 per sq.ft, effective from 1 July 2024. This street is located in Ward C village under the Erode Joint I SRO and is classified as Residential Class III Type - I.

How the guideline value of Block 1 Pachiamman Kovil Street has changed

The guideline value for Block 1 Pachiamman Kovil Street has undergone several revisions over the years. In 2002, the guideline value was Rs 169 per sq.ft. This increased to Rs 190 per sq.ft in 2003, marking a change of +12%. The value then rose to Rs 300 per sq.ft in 2007, reflecting a +58% increase. In 2012, the value was set at Rs 500 per sq.ft, which was a +67% change from the previous revision. However, this value decreased to Rs 335 per sq.ft in 2017, indicating a -33% change. Following this, the value significantly increased to Rs 700 per sq.ft in 2023, which was a +109% change. The most recent revision in 2024 set the value at Rs 771 per sq.ft, representing a +10% increase from the previous year.

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 +356%.

Guideline values in Ward C

Ward C village comprises 250 streets under the Erode Joint I SRO, with guideline values ranging from Rs 770 to Rs 7,700 per sq.ft. The median guideline value in this area is Rs 1,375 per sq.ft, placing Block 1 Pachiamman Kovil Street below that median.

Stamp duty and registration fee for property in Block 1 Pachiamman Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 771 per sq.ft, the total guideline value amounts to 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, totaling Rs 69,390. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Block 1 Pachiamman Kovil Street?

The Sub Registrar Office that covers Block 1 Pachiamman Kovil Street 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 an important factor when registering property transactions in Ward C. It serves as a benchmark for determining the stamp duty and registration fees that buyers and sellers must pay during the registration process.

When a property is sold, the guideline value is used to calculate the applicable duties, ensuring that all transactions are recorded accurately. This helps maintain transparency and consistency in property dealings within the region.

Frequently asked questions

What is the current guideline value for Block 1 Pachiamman Kovil Street?

The current guideline value for Block 1 Pachiamman Kovil Street is Rs 771 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 169 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, marking an overall increase of +356% over this period.

What is the registration office for Block 1 Pachiamman Kovil Street?

The registration office for Block 1 Pachiamman Kovil Street is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

How is the stamp duty calculated for properties in this area?

Stamp duty is charged at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at the current rate, the stamp duty would be Rs 53,970.

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

Other streets in Ward C have guideline values ranging from Rs 771 to Rs 772 per sq.ft as of 2024. For instance, Block 1 Patchiamman Koil St, Block 1 RajaGopal Thottam, and others all have a guideline value of Rs 771 per sq.ft.