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Guideline Value

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Guideline Value for Block 20 Thattara Street (Mandapam Street)

₹1100/sq.ft.

The guideline value for Block 20 Thattara Street (mandapam Street) 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 ₹605 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹518 /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 Thattara Street (mandapam Street)

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Block 20 Thattara Street (Mandapam Street) guideline value

The current guideline value for Block 20 Thattara Street (Mandapam Street) 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 Thattara Street (Mandapam Street) has changed

Since the 2002 revision, the guideline value for Block 20 Thattara Street (Mandapam Street) has seen significant changes. In 2002, the guideline value was Rs 518 per sq.ft. It increased to Rs 605 per sq.ft in 2003, marking a 17% rise. The value further increased to Rs 750 per sq.ft in 2007, which was a 24% increase. In 2012, the guideline value dropped to Rs 1,000 per sq.ft, reflecting a decrease of 33%. The value then rose to Rs 670 per sq.ft in 2017, a 49% increase from the previous figure. The 2023 revision set the value at Rs 1,000 per sq.ft, and the most recent 2024 revision has raised it to Rs 1,100 per sq.ft, a 10% increase.

There are no figures available for the years not mentioned in the revisions for this street. Overall, from 2002 to 2024, the guideline value has increased by 112%.

Guideline values in Ward D

In Ward D, the guideline values range from Rs 770 to Rs 7,700 per sq.ft as per the 2024 revision, with a median value of Rs 798 per sq.ft. The guideline value for Block 20 Thattara Street (Mandapam Street) is above this median.

Stamp duty and registration fee for property in Block 20 Thattara Street (Mandapam Street)

For a 1,000 sq.ft plot at the current rate of Rs 1,100 per sq.ft, the guideline value amounts to Rs 11,00,000. The stamp duty at 7% would be Rs 77,000, and the registration fee at 2% would be Rs 22,000, totaling Rs 99,000. It is important to note that 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 details.

Which Sub Registrar Office covers Block 20 Thattara Street (Mandapam Street)?

The Sub Registrar Office that covers Block 20 Thattara Street (Mandapam Street) 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 when registering property transactions in Ward D. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value helps both parties understand the value of the property in question. It is essential to consider this value during negotiations to ensure all legal requirements are met during the registration process.

Frequently asked questions

What is the current guideline value for Block 20 Thattara Street (Mandapam Street)?

The current guideline value for Block 20 Thattara Street (Mandapam Street) 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 significantly from Rs 518 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 112% over this period.

What are the other guideline values in Ward D?

In Ward D, the guideline values range from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 798 per sq.ft. Block 20 Thattara Street (Mandapam Street) has a guideline value above this median.

What is the stamp duty rate in Tamil Nadu?

The stamp duty rate in Tamil Nadu is generally 7%, and this is applicable to the guideline value or the sale price, whichever is higher.

Where can I find the Sub Registrar Office for this property?

The Sub Registrar Office for Block 20 Thattara Street (Mandapam Street) is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.