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Guideline Value

Corporate

Guideline Value for Block 22 North Muhamadhiyar Lane (or) Pari Street

₹1100/sq.ft.

The guideline value for Block 22 North Muhamadhiyar Lane (or) Pari 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 ₹581 /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 22 North Muhamadhiyar Lane (or) Pari Street

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Block 22 North Muhamadhiyar Lane (or) Pari Street guideline value

The current guideline value of Block 22 North Muhamadhiyar Lane (or) Pari Street is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in Ward D village under the Erode Joint I SRO and falls under the Residential Class II Type - I land classification.

How the guideline value of Block 22 North Muhamadhiyar Lane (or) Pari Street has changed

The guideline value for Block 22 North Muhamadhiyar Lane (or) Pari Street has undergone several revisions over the years. In 2002, the guideline value was Rs 518 per sq.ft, which increased to Rs 581 per sq.ft in 2003, marking a 12% rise. The value then saw a further increase of 29% to reach Rs 750 per sq.ft in 2007. By 2012, the value adjusted to Rs 1,000 per sq.ft, reflecting a decrease of 33%. The 2017 revision brought the value back up to Rs 670 per sq.ft, and by 2023, it was Rs 1,000 per sq.ft. The most recent revision in 2024 set the value at Rs 1,100 per sq.ft, an increase of 10% from the previous year.

Overall, from 2002 to 2024, the guideline value has increased by 112%. The revisions for the years 2012, 2017, and 2023 indicate significant fluctuations, while there are no figures available for the years not mentioned in the register for this street.

Guideline values in Ward D

In Ward D, the guideline values range from Rs 770 to Rs 7,700 per sq.ft as of 2024, with a median value of Rs 798 per sq.ft. The guideline value for Block 22 North Muhamadhiyar Lane (or) Pari Street is above this median.

Stamp duty and registration fee for property in Block 22 North Muhamadhiyar Lane (or) Pari Street

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, while the registration fee at 2% would be Rs 22,000, bringing the total to 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 further calculations, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 22 North Muhamadhiyar Lane (or) Pari Street?

The Sub Registrar Office that covers Block 22 North Muhamadhiyar Lane (or) Pari 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 details.

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 of property transactions in Ward D. When buying or selling property, the guideline value serves as a benchmark for determining the applicable stamp duty and registration fees, ensuring that both parties are aware of the financial obligations involved in the transaction.

It is essential for buyers and sellers to be informed about the current guideline value, as it directly impacts the overall costs associated with property transactions. Understanding this value helps in making informed decisions during the buying or selling process.

Frequently asked questions

What is the current guideline value of Block 22 North Muhamadhiyar Lane (or) Pari Street?

The current guideline value of Block 22 North Muhamadhiyar Lane (or) Pari 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 seen several revisions, starting from Rs 518 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 112% over the years.

What is the land classification for this street?

Block 22 North Muhamadhiyar Lane (or) Pari Street is classified as Residential Class II Type - I.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, and the registration fee is 2% of the guideline value or sale price.

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

The Sub Registrar Office for Block 22 North Muhamadhiyar Lane (or) Pari Street is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.