Guideline Value

Corporate

Guideline Value for Block 13 Karur Road

₹771/sq.ft.

The guideline value for Block 13 Karur Road in Ward E 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 E

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 ₹400 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
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 13 Karur Road

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Block 13 Karur Road guideline value

The current guideline value of Block 13 Karur Road is Rs 771 per sq.ft, effective from 1 July 2024. This street is located in Ward E village under the Erode Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of Block 13 Karur Road has changed

The guideline value for Block 13 Karur Road has undergone several revisions over the years. The 2012 revision set the value at Rs 400 per sq.ft, which then decreased to Rs 335 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value significantly to Rs 700 per sq.ft, and the most recent 2024 revision further raised it to Rs 771 per sq.ft, marking a 10% increase from the previous year.

Overall, from the 2012 revision to the 2024 revision, the guideline value has increased by 93%. Notably, the register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Ward E

In Ward E, there are 196 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 in this area is Rs 825 per sq.ft, indicating that Block 13 Karur Road's 2024 figure is below this median.

Stamp duty and registration fee for property in Block 13 Karur Road

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, while the registration fee at 2% would be Rs 15,420, bringing the total fees together to Rs 69,390. It is important to note that duty is charged on the higher of the guideline value and the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 13 Karur Road?

Block 13 Karur Road falls under the jurisdiction of the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone. To find your SRO, you can visit find your SRO.

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

The guideline value plays a critical role during the registration process when buying or selling property in Ward E. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the fees, which are charged based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Block 13 Karur Road?

The current guideline value of Block 13 Karur Road 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 from Rs 400 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then increased to Rs 700 per sq.ft in 2023, and finally to Rs 771 per sq.ft in 2024.

What is the registration office for Block 13 Karur Road?

The registration office for Block 13 Karur Road 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 Block 13 Karur Road?

Stamp duty for properties in Block 13 Karur Road is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current guideline value would incur a stamp duty of Rs 53,970.

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

Other streets in Ward E with similar guideline values include Block 13 Nataraja Theatre Huts, Block 13 Old Arundhadhiyar Huts, and Block 13 Old Railway Station Road, all at Rs 771 per sq.ft in 2024.