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Guideline Value

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Guideline Value for Block 13 Rajajipuram (Puram)

₹770/sq.ft.

The guideline value for Block 13 Rajajipuram (puram) in Ward C 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 Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Residential Class III Type - II
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 ₹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 ₹268 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹239 /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 13 Rajajipuram (puram)

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Block 13 Rajajipuram (Puram) guideline value

The current guideline value of Block 13 Rajajipuram (Puram) is Rs 770 per sq.ft, effective from 1 July 2024. This area falls under Ward C village, Erode Joint I SRO, and is classified as Residential Class III Type - II.

How the guideline value of Block 13 Rajajipuram (Puram) has changed

The guideline value for Block 13 Rajajipuram (Puram) has seen several revisions over the years. In 2002, the guideline value was Rs 239 per sq.ft. This increased to Rs 268 per sq.ft in 2003, marking a change of +12%. The value then rose to Rs 300 per sq.ft in 2007, a further increase of +12%. By 2012, the value had increased to Rs 500 per sq.ft, which was a +67% change. However, it decreased to Rs 335 per sq.ft in 2017, reflecting a drop of -33%. The value saw a significant rise to Rs 700 per sq.ft in 2023, which was a +109% increase. The most recent revision in 2024 has set the guideline value at Rs 770 per sq.ft, an increase of +10% from the previous year.

There are no figures available for any revisions prior to 2002 or for the years not listed. The overall increase from 2002 to 2024 is +222%.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO, with 2024 guideline values ranging from Rs 770 to Rs 7,700 per sq.ft. The median value in this area is Rs 1,375 per sq.ft, placing Block 13 Rajajipuram (Puram) below that median.

Stamp duty and registration fee for property in Block 13 Rajajipuram (Puram)

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total 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, making the total charges Rs 69,300. It is important to note that the 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 information.

Which Sub Registrar Office covers Block 13 Rajajipuram (Puram)?

The Sub Registrar Office that covers Block 13 Rajajipuram (Puram) 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 details.

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

The guideline value serves as a benchmark for property transactions in Ward C. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees applicable to the transaction.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly affects the costs associated with property registration. Accurate knowledge of these values can help in planning the financial aspects of property transactions.

Frequently asked questions

What is the current guideline value of Block 13 Rajajipuram (Puram)?

The current guideline value of Block 13 Rajajipuram (Puram) 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 239 per sq.ft in 2002 to Rs 770 per sq.ft in 2024, marking an overall increase of +222% over this period.

What are the stamp duty and registration fees for property in Block 13 Rajajipuram (Puram)?

For a 1,000 sq.ft plot, the total guideline value would be Rs 7,70,000. The stamp duty would be Rs 53,900, and the registration fee would be Rs 15,400, totaling Rs 69,300.

Which Sub Registrar Office covers Block 13 Rajajipuram (Puram)?

The Erode Joint I Sub Registrar Office covers Block 13 Rajajipuram (Puram), located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What is the median guideline value in Ward C?

The median guideline value in Ward C is Rs 1,375 per sq.ft, which means that Block 13 Rajajipuram (Puram) is below this median with its current value of Rs 770 per sq.ft.