Guideline Value

Corporate

Guideline Value for Block 29 Alamarathu Huts

₹771/sq.ft.

The guideline value for Block 29 Alamarathu Huts in Ward E village (Erode Joint I SRO, Coimbatore zone) is Rs 771 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 - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward E

Village

Erode Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹771 /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 ₹300 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹200 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹124 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹109 /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 29 Alamarathu Huts

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Block 29 Alamarathu Huts guideline value

The current guideline value for Block 29 Alamarathu Huts is Rs 771 per sq.ft, effective from 1 July 2024. This property is located in Ward E village under the Erode Joint I SRO, classified as Residential Class III Type - I.

How the guideline value of Block 29 Alamarathu Huts has changed

The guideline value for Block 29 Alamarathu Huts has seen several revisions over the years. The earliest recorded figure is Rs 109 per sq.ft in 2002, which increased to Rs 124 per sq.ft in 2003, marking a change of +14%. The value then rose to Rs 200 per sq.ft in 2007, an increase of +61%. Following this, the 2012 revision set the value at Rs 300 per sq.ft, reflecting a +50% change. In 2017, the value further increased to Rs 335 per sq.ft, a +12% change. The most significant jump occurred between 2017 and 2023, where the value rose to Rs 700 per sq.ft, a change of +109%. The latest revision in 2024 set the value at Rs 771 per sq.ft, a +10% increase from the previous year.

There are no figures for the guideline value of Block 29 Alamarathu Huts in the revisions prior to 2002 or any years not mentioned in the register.

Guideline values in Ward E

In Ward E, there are 196 streets under the Erode Joint I SRO, with guideline values ranging from Rs 770 to Rs 6,600 per sq.ft. The median guideline value in this ward is Rs 825 per sq.ft, which means that the value for Block 29 Alamarathu Huts is below that median.

Stamp duty and registration fee for property in Block 29 Alamarathu Huts

For a 1,000 sq.ft plot at the current guideline value of Rs 771 per sq.ft, the total guideline value would be Rs 7,71,000. The stamp duty at 7% would amount to Rs 53,970, and the registration fee at 2% would be Rs 15,420, bringing the total to Rs 69,390. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 29 Alamarathu Huts?

The Sub Registrar Office that covers Block 29 Alamarathu Huts 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 E

The guideline value is a crucial factor during the registration of property transactions in Ward E. It serves as a benchmark for determining the stamp duty and registration fees that must be paid when buying or selling property in this area.

When a property is registered, the guideline value is compared to the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that the government receives the appropriate revenue from property transactions in the region.

Frequently asked questions

What is the current guideline value for Block 29 Alamarathu Huts?

The current guideline value for Block 29 Alamarathu Huts is Rs 771 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Block 29 Alamarathu Huts has increased from Rs 109 per sq.ft in 2002 to Rs 771 per sq.ft in 2024, showing an overall increase of +607% over the years.

What is the classification of land in Block 29 Alamarathu Huts?

Block 29 Alamarathu Huts is classified as Residential Class III Type - I, which indicates its intended use for residential purposes.

Where can I find the registration office for this property?

The registration office for Block 29 Alamarathu Huts is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, a 1,000 sq.ft plot at the current guideline value would incur a total of Rs 69,390 in fees.