Guideline Value for Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3..

Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. guideline value

The current guideline value for Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. is Rs 825 per sq.ft, effective from 1 July 2024. This area is classified as Residential Class II Type - II and falls under the Erode Joint I SRO.

How the guideline value of Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. has changed

In the 2012 revision, the guideline value was Rs 750 per sq.ft. This figure then decreased to Rs 502 per sq.ft in the 2017 revision, marking a decline of 33%. Following this, the value increased significantly to Rs 750 per sq.ft in the 2023 revision, which was a 49% rise. The current value for 2024 is set at Rs 825 per sq.ft, reflecting a 10% increase from the previous year.

It is important to note that the register has no figures for the years 2002, 2003, and 2007 for this street. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Ward D

In Ward D, there are approximately 200 streets under the Erode Joint I SRO with a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft. The median value for these streets is Rs 798 per sq.ft, placing Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. above that median.

• Block 13 Cauvery Road Main Road: Rs 1,925 per sq.ft (2024)
• Block 13 Chella Batsha Street: Rs 825 per sq.ft (2024)
• Block 12 Om Kaliamman Kovil Street: Rs 771 per sq.ft (2024)
• Block 13 Karpagam Lay-out: Rs 825 per sq.ft (2024)
• Block 13 Lakshmi Narayanan Nagar: Rs 771 per sq.ft (2024)
• Block 12 Kottaiyar Street: Rs 825 per sq.ft (2024)

Stamp duty and registration fee for property in Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3..

For a 1,000 sq.ft plot at the current rate, the guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, totaling Rs 74,250. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3..?

The Sub Registrar Office covering Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. 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 D

The guideline value is a crucial factor during property transactions in Ward D, as it determines the minimum value at which properties can be registered. When buying or selling property, the guideline value is used to calculate applicable stamp duty and registration fees, ensuring that all transactions are conducted fairly and transparently.

It is essential for buyers and sellers to be aware of the guideline value, as it can influence the overall cost of the transaction. Understanding the guideline value helps in making informed decisions during property dealings in the area.

Frequently asked questions

What is the current guideline value for Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3..?

The current guideline value for Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. is Rs 825 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 750 per sq.ft in 2012 to Rs 502 per sq.ft in 2017, then increased to Rs 750 per sq.ft in 2023, and finally to Rs 825 per sq.ft in 2024. Overall, it has increased by 10% from 2012 to 2024.

What is the land classification for this street?

Block 13 Arunthathiyar Vaikal Street Road 1,2,3 Mosikeeranar Street .12.3.. is classified as Residential Class II Type - II.

Where is the Sub Registrar Office located?

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

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a property valued at Rs 8,25,000, the stamp duty would be Rs 57,750 at a rate of 7%.