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Guideline Value

Corporate

Guideline Value for Block 18 Marappa Gounder Street T.S.89

₹1100/sq.ft.

The guideline value for Block 18 Marappa Gounder Street T.s.89 in Ward B village (Erode Joint I SRO, Coimbatore zone) is Rs 1100 per sq.ft, effective 1 July 2024. It was Rs 1000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward B

Village

Erode Joint I

SRO

Residential Class II Type - I
History
Period Guideline Value
From 1-7-2024 ₹1100 /sq.ft.
From 1-4-2023 ₹1000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹670 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹270 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹241 /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 18 Marappa Gounder Street T.s.89

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Block 18 Marappa Gounder Street T.S.89 guideline value

The current guideline value for Block 18 Marappa Gounder Street T.S.89 is Rs 1,100 per sq.ft. This property is located in the village of Erode Joint I SRO and falls under the Residential Class II Type - I land classification.

How the guideline value of Block 18 Marappa Gounder Street T.S.89 has changed

The guideline value for Block 18 Marappa Gounder Street T.S.89 has seen several revisions over the years. In 2002, the guideline value was Rs 241 per sq.ft, which increased to Rs 270 per sq.ft in 2003, marking a change of +12%. By 2007, the value rose significantly to Rs 400 per sq.ft, reflecting an increase of +48%. The 2012 revision saw the value stabilize at Rs 1,000 per sq.ft, an increase of +150% from the previous revision. However, in 2017, the value dropped to Rs 670 per sq.ft, a decrease of -33%. The 2023 revision set the value at Rs 1,000 per sq.ft, followed by the current 2024 revision, which raised it to Rs 1,100 per sq.ft, a change of +10%.

There are no figures available for the revisions in the years not mentioned above. Overall, from 2002 to 2024, the guideline value has increased by +356%.

Guideline values in Ward B

In Ward B, the guideline values range from Rs 770 to Rs 6,600 per sq.ft, with the median value being Rs 1,100 per sq.ft. The guideline value for Block 18 Marappa Gounder Street T.S.89 matches this median.

Stamp duty and registration fee for property in Block 18 Marappa Gounder Street T.S.89

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value totals Rs 11,00,000. The stamp duty at 7% amounts to Rs 77,000, and the registration fee at 2% is Rs 22,000, bringing the total to Rs 99,000. 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 18 Marappa Gounder Street T.S.89?

The Sub Registrar Office that covers Block 18 Marappa Gounder Street T.S.89 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 B

The guideline value is a crucial factor when registering property in Ward B. It serves as a benchmark for determining the stamp duty and registration fees that must be paid during the property transaction.

Frequently asked questions

What is the current guideline value of Block 18 Marappa Gounder Street T.S.89?

The current guideline value of Block 18 Marappa Gounder Street T.S.89 is Rs 1,100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 241 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of +356%.

What is the registration fee for property in Block 18 Marappa Gounder Street T.S.89?

The registration fee is calculated at 2% of the guideline value. For a property valued at Rs 11,00,000, the registration fee would be Rs 22,000.

Where is the Erode Joint I Sub Registrar Office located?

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

What are the other streets in Ward B with the same guideline value?

Other streets in Ward B with a guideline value of Rs 1,100 per sq.ft include Block 18 Marappa Gounder Street T.S.80, Block 18 N.G.G.O.Colony Street 1 to 8, Block 18 Poosari Gounder Street, Block 18 S.K.C.Road (or) Street, Block 17 S.K.Chenniappa Street, and Block 17 PoosariChennimalai Street 1,2,3 (P.G.Kadu).