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Guideline Value

Corporate

Guideline Value for Block 4 Cauvery Road Main Road

₹1925/sq.ft.

The guideline value for Block 4 Cauvery Road Main Road in Ward C village (Erode Joint I SRO, Coimbatore zone) is Rs 1925 per sq.ft, effective 1 July 2024. It was Rs 1750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward C

Village

Erode Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹1925 /sq.ft.
From 1-4-2023 ₹1750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1172 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹269 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹240 /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 Cauvery Road Main Road

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Block 4 Cauvery Road Main Road guideline value

The current guideline value of Block 4 Cauvery Road Main Road is Rs 1,925 per sq.ft, effective from 1 July 2024. This property is located in Ward C village under the Erode Joint I SRO and is classified as Residential Class I Type - I.

How the guideline value of Block 4 Cauvery Road Main Road has changed

The guideline value has seen several revisions over the years. Starting from the 2002 revision, the value was Rs 240 per sq.ft. It increased to Rs 269 per sq.ft in 2003, marking a change of +12%. The value then rose significantly to Rs 500 per sq.ft in 2007, which was an increase of +86%. However, the 2012 revision saw a decrease to Rs 1,750 per sq.ft, a drop of -33% from the previous figure.

In the following years, the value continued to evolve. The 2017 revision set the guideline value at Rs 1,172 per sq.ft, which was a +49% increase from the 2012 figure. The most recent revision in 2023 established the value at Rs 1,750 per sq.ft, and the upcoming 2024 revision will raise it to Rs 1,925 per sq.ft, reflecting a +10% increase.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO, with 2024 guideline values ranging from Rs 770 to Rs 7,700 per sq.ft. The median value for these streets is Rs 1,375 per sq.ft, placing Block 4 Cauvery Road Main Road's 2024 figure above that median.

Stamp duty and registration fee for property in Block 4 Cauvery Road Main Road

For a 1,000 sq.ft plot at the current rate of Rs 1,925 per sq.ft, the guideline value would be Rs 19,25,000. The stamp duty at 7% would amount to Rs 1,34,750, and the registration fee at 2% would be Rs 38,500, totaling Rs 1,73,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for accurate calculations.

Which Sub Registrar Office covers Block 4 Cauvery Road Main Road?

The Sub Registrar Office that covers Block 4 Cauvery Road Main Road 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 C

The guideline value plays a crucial role in the registration process of property transactions in Ward C. It serves as a benchmark for determining the minimum value of a property, ensuring that all transactions are recorded accurately and transparently.

When buying or selling property, the guideline value is used to calculate the stamp duty and registration fees. These fees are essential for the legal transfer of property ownership and must be paid at the time of registration.

Frequently asked questions

What is the current guideline value of Block 4 Cauvery Road Main Road?

The current guideline value of Block 4 Cauvery Road Main Road is Rs 1,925 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 240 per sq.ft in 2002 to Rs 1,925 per sq.ft in 2024, marking an overall increase of +702% over the years.

What are the other streets in Ward C and their guideline values?

Other streets in Ward C have varying guideline values, with rates ranging from Rs 771 to Rs 1,100 per sq.ft. For example, Block 4 Azhakarasan Nagar is Rs 771 per sq.ft, while Block 4 Krishnampalayam Road 1 to 3 Part 2 is Rs 1,100 per sq.ft.

How is stamp duty calculated for properties in Block 4 Cauvery Road Main Road?

Stamp duty for properties in Block 4 Cauvery Road Main Road is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 19,25,000 would incur a stamp duty of Rs 1,34,750.

Where can I find the Sub Registrar Office for Block 4 Cauvery Road Main Road?

The Sub Registrar Office for Block 4 Cauvery Road Main Road is the Erode Joint I Sub Registrar Office, located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009. You can find more information through the provided link.