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Guideline Value

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Guideline Value for Block 4 Krishnampalayam Road 1 to 3 Part 2

₹1100/sq.ft.

The guideline value for Block 4 Krishnampalayam Road 1 To 3 Part 2 in Ward C 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 C

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 ₹1000 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹751 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹670 /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 Krishnampalayam Road 1 To 3 Part 2

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Block 4 Krishnampalayam Road 1 to 3 Part 2 guideline value

The current guideline value for Block 4 Krishnampalayam Road 1 to 3 Part 2 is Rs 1,100 per sq.ft, effective from 1 July 2024. This property is located in the village of Erode under the Erode Joint I SRO, classified as Residential Class II Type - I.

How the guideline value of Block 4 Krishnampalayam Road 1 to 3 Part 2 has changed

The guideline value for this street has undergone several revisions over the years. In 2002, the guideline value was Rs 670 per sq.ft, which increased to Rs 751 per sq.ft in 2003, marking a 12% rise. The value then saw a significant increase to Rs 1,000 per sq.ft in 2007, reflecting a 33% change. The next revision in 2012 maintained the value at Rs 1,000 per sq.ft, with no change from the previous year.

Following this, the guideline value decreased to Rs 670 per sq.ft in 2017, a decrease of 33%. However, from 2017 to 2023, the value rose dramatically to Rs 1,000 per sq.ft, marking a 49% increase. The latest revision in 2024 set the guideline value at Rs 1,100 per sq.ft, a 10% increase from the previous year.

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 guideline value in this area is Rs 1,375 per sq.ft, placing Block 4 Krishnampalayam Road 1 to 3 Part 2's 2024 figure below that median.

Stamp duty and registration fee for property in Block 4 Krishnampalayam Road 1 to 3 Part 2

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. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Block 4 Krishnampalayam Road 1 to 3 Part 2?

The Sub Registrar Office that covers Block 4 Krishnampalayam Road 1 to 3 Part 2 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 when buying or selling property in Ward C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When registering a property, the stamp duty is calculated based on the guideline value or the sale price, whichever is higher. This ensures that both the government and the buyer are aware of the property’s worth in the context of the local real estate market.

Frequently asked questions

What is the current guideline value for Block 4 Krishnampalayam Road 1 to 3 Part 2?

The current guideline value for Block 4 Krishnampalayam Road 1 to 3 Part 2 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 from Rs 670 per sq.ft in 2002 to Rs 1,100 per sq.ft in 2024, reflecting an overall increase of 64% over the years.

What is the stamp duty for property in this area?

The stamp duty for property in Block 4 Krishnampalayam Road 1 to 3 Part 2 is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Block 4 Krishnampalayam Road 1 to 3 Part 2 is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

What are the other guideline values in Ward C?

In Ward C, the guideline values for various streets range from Rs 770 to Rs 7,700 per sq.ft, with Block 4 Krishnampalayam Road 1 to 3 Part 2's value being below the median of Rs 1,375 per sq.ft.