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Guideline Value

Corporate

Guideline Value for Block 12 Old Arundhadhiyar Huts

₹770/sq.ft.

The guideline value for Block 12 Old Arundhadhiyar Huts in Ward E village (Erode Joint I SRO, Coimbatore zone) is Rs 770 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 Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward E

Village

Erode Joint I

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹201 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹124 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹109 /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 12 Old Arundhadhiyar Huts

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Block 12 Old Arundhadhiyar Huts guideline value

The current guideline value of Block 12 Old Arundhadhiyar Huts is Rs 770 per sq.ft, effective from 1 July 2024. This property is located in Ward E village under the Erode Joint I SRO, and it falls under the Residential Class IV Type - I land classification.

How the guideline value of Block 12 Old Arundhadhiyar Huts has changed

Since the 2002 revision, the guideline value for Block 12 Old Arundhadhiyar Huts has seen significant changes. The value started at Rs 109 per sq.ft in 2002 and increased to Rs 124 per sq.ft in 2003, marking a 14% rise. The following revisions showed a steady increase, reaching Rs 200 per sq.ft in 2007, which was a 61% increase from the previous figure. By 2012, the value rose to Rs 300 per sq.ft, reflecting a 50% increase. However, the value decreased to Rs 201 per sq.ft in 2017, a drop of 33%. The guideline value then surged to Rs 700 per sq.ft in 2023, a substantial increase of 248%. The latest revision in 2024 has set the value at Rs 770 per sq.ft, which is a 10% increase from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 606%. There are no figures available for revisions other than those listed for this street.

Guideline values in Ward E

In Ward E, there are 196 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 6,600 per sq.ft, with a median value of Rs 825 per sq.ft. The guideline value for Block 12 Old Arundhadhiyar Huts is below this median.

Stamp duty and registration fee for property in Block 12 Old Arundhadhiyar Huts

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total charges to Rs 69,300. 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 details.

Which Sub Registrar Office covers Block 12 Old Arundhadhiyar Huts?

The Sub Registrar Office that covers Block 12 Old Arundhadhiyar Huts 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 E

The guideline value is an essential factor when registering property transactions in Ward E. It is used to determine the stamp duty and registration fees that need to be paid during the registration process. Buyers and sellers must consider this value as it affects the overall costs involved in the transaction.

When a property is sold, the guideline value serves as a benchmark for the minimum value at which the property can be registered. This ensures that the government receives the appropriate revenue from property transactions, based on the established guideline values.

Frequently asked questions

What is the current guideline value for Block 12 Old Arundhadhiyar Huts?

The current guideline value for Block 12 Old Arundhadhiyar Huts is Rs 770 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 109 per sq.ft in 2002 to Rs 770 per sq.ft in 2024, reflecting an overall increase of 606% over the years.

What is the stamp duty on property in Block 12 Old Arundhadhiyar Huts?

The stamp duty for property in Block 12 Old Arundhadhiyar Huts is 7% of the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Block 12 Old Arundhadhiyar Huts located?

The Sub Registrar Office for Block 12 Old Arundhadhiyar Huts is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

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

Other streets in Ward E include Block 12 Old Railway Station Road, Block 12 Nataraja Theatre Huts, Block 12 Patchiamman Kovil Street, Block 12 Karur Road, Block 13 Karur Road, and Block 11 Vaikkal Road (old), with guideline values ranging from Rs 770 to Rs 771 per sq.ft in 2024.