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Guideline Value

Corporate

Guideline Value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet

₹1100/sq.ft.

The guideline value for Block 20 Kalamegamstreet(or)westmuhamadhiarstreet in Ward D 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 D

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 ₹750 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹538 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹479 /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 20 Kalamegamstreet(or)westmuhamadhiarstreet

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Block 20 KalamegamStreet(or)WestMuhamadhiarStreet guideline value

The current guideline value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet is Rs 1,100 per sq.ft, effective from 1 July 2024. This street is located in Ward D village, under the Erode Joint I SRO, and is classified as Residential Class II Type - I.

How the guideline value of Block 20 KalamegamStreet(or)WestMuhamadhiarStreet has changed

The guideline value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet has seen several revisions over the years. The earliest recorded figure is from 2002, with a guideline value of Rs 479 per sq.ft. This value increased to Rs 538 per sq.ft in 2003, marking a change of +12%. The next revision in 2007 set the value at Rs 750 per sq.ft, reflecting a +39% increase. In 2012, the value was Rs 1,000 per sq.ft, which was a +33% increase from the previous revision. However, it decreased to Rs 670 per sq.ft in 2017, showing a decline of -33%.

From 2017 to 2023, the value rose significantly to Rs 1,000 per sq.ft, which is a +49% increase. The most recent revision in 2024 has set the guideline value at Rs 1,100 per sq.ft, resulting in a +10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by +130%.

Guideline values in Ward D

In Ward D, there are 200 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 798 per sq.ft. The guideline value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet is above this median.

Stamp duty and registration fee for property in Block 20 KalamegamStreet(or)WestMuhamadhiarStreet

For a 1,000 sq.ft plot at the current guideline value of Rs 1,100 per sq.ft, the total guideline value would be Rs 11,00,000. The stamp duty at 7% would amount to Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 20 KalamegamStreet(or)WestMuhamadhiarStreet?

The Sub Registrar Office that covers Block 20 KalamegamStreet(or)WestMuhamadhiarStreet is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, in the 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 in the registration process when buying or selling property in Ward D. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is used to assess the applicable charges, ensuring that both the buyer and seller are aware of the financial obligations involved in the transfer of property ownership.

Frequently asked questions

What is the current guideline value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet?

The current guideline value for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet 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 479 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of +130% over this period.

What is the land classification for this street?

Block 20 KalamegamStreet(or)WestMuhamadhiarStreet is classified as Residential Class II Type - I.

Where can I find the registration office for this area?

The registration office for Block 20 KalamegamStreet(or)WestMuhamadhiarStreet is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009.

How is the 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, on a 1,000 sq.ft plot at the current rate, the total stamp duty would be Rs 77,000 at 7% of the guideline value.