Guideline Value

Corporate

Guideline Value for Block 4 Arasilango Street

₹770/sq.ft.

The guideline value for Block 4 Arasilango Street in Ward D village (Erode Joint I SRO, Coimbatore zone) is Rs 770 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 D

Village

Erode Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /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 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹219 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹195 /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 4 Arasilango Street

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Block 4 Arasilango Street guideline value

The current guideline value for Block 4 Arasilango Street is Rs 770 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 III Type - I.

How the guideline value of Block 4 Arasilango Street has changed

The guideline value for Block 4 Arasilango Street has seen several revisions over the years. In 2002, the value was Rs 195 per sq.ft, which increased to Rs 219 per sq.ft in 2003, marking a change of +12%. By 2007, the value rose to Rs 250 per sq.ft, a +14% increase. The next revision in 2012 saw a decrease to Rs 500 per sq.ft, resulting in a -33% change. The value then increased to Rs 335 per sq.ft in 2017, reflecting a +109% change. The most recent revisions include Rs 700 per sq.ft in 2023 and Rs 770 per sq.ft in 2024, showing a +10% increase.

There are no figures available for the years not mentioned in this register for Block 4 Arasilango Street. Overall, from 2002 to 2024, the guideline value has increased by +295%.

Guideline values in Ward D

In Ward D, there are 200 streets under the Erode Joint I SRO carrying 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. Block 4 Arasilango Street's 2024 figure is below this median.

Stamp duty and registration fee for property in Block 4 Arasilango Street

For a 1,000 sq.ft plot at the current rate of Rs 770 per sq.ft, the guideline value amounts to Rs 7,70,000. The stamp duty at 7% would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, totaling Rs 69,300. It is important to note that duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 4 Arasilango Street?

The Sub Registrar Office that covers Block 4 Arasilango 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 buying or selling property in Ward D. It serves as a benchmark for determining the stamp duty and registration fees payable at the time of registration. Buyers and sellers must consider this value to ensure compliance with local regulations during property transactions.

When a property is sold, the guideline value helps establish a fair assessment for the transaction, ensuring that both parties are aware of the applicable fees. It is essential for prospective buyers to check the current guideline value before proceeding with any purchase or sale.

Frequently asked questions

What is the current guideline value of Block 4 Arasilango Street?

The current guideline value of Block 4 Arasilango Street is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 195 per sq.ft in 2002 to Rs 770 per sq.ft in 2024, reflecting an overall increase of +295% over this period.

What is the registration fee for properties in Block 4 Arasilango Street?

The registration fee for properties in Block 4 Arasilango Street is calculated at 2% of the guideline value or sale price, whichever is higher.

Where is the Sub Registrar Office located for this street?

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 D with similar guideline values?

Other streets in Ward D with similar guideline values include Block 4 Ayyamperumal Lane, Block 3 Vaiyapuri Lane, and Block 4 Chinna Mariamman Koil Street, all at Rs 770 per sq.ft in 2024.