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Guideline Value

Corporate

Guideline Value for Block 5 Cauvery Road Main Road

₹1925/sq.ft.

The guideline value for Block 5 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 5 Cauvery Road Main Road

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Block 5 Cauvery Road Main Road guideline value

The current guideline value of Block 5 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 5 Cauvery Road Main Road has changed

The guideline value for Block 5 Cauvery Road Main Road has seen several revisions over the years. In 2002, the value was Rs 240 per sq.ft, which increased to Rs 269 per sq.ft in 2003, marking a 12% rise. The value then rose significantly to Rs 500 per sq.ft in 2007, reflecting an 86% increase. Following this, the value jumped to Rs 1,750 per sq.ft in 2012, a remarkable 250% increase from the previous revision. However, it decreased to Rs 1,172 per sq.ft in 2017, showing a decline of 33%.

From 2017 to 2023, the guideline value surged to Rs 1,750 per sq.ft, marking a 49% increase. The most recent revision in 2024 set the value at Rs 1,925 per sq.ft, which is a 10% increase from the previous year. Overall, from 2002 to 2024, the guideline value has increased by 702%. There are no figures available for any other years for this street in the register.

Guideline values in Ward C

In Ward C, there are 250 streets under the Erode Joint I SRO that carry a 2024 guideline value ranging from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 1,375 per sq.ft. The guideline value for Block 5 Cauvery Road Main Road is above this median.

Stamp duty and registration fee for property in Block 5 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 amounts to Rs 19,25,000. The stamp duty at 7% would be 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 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 5 Cauvery Road Main Road?

The Sub Registrar Office that covers Block 5 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 further assistance.

How the guideline value is used when you buy or sell in Ward C

The guideline value is a crucial factor during the registration of property transactions in Ward C. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When a property is registered, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the registration process reflects the current market conditions and values.

Frequently asked questions

What is the current guideline value for Block 5 Cauvery Road Main Road?

The current guideline value for Block 5 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, representing an overall increase of 702% over the years.

What is the stamp duty rate for properties in this area?

The stamp duty rate for properties in Block 5 Cauvery Road Main Road 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 5 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.

How is the guideline value used in property transactions?

The guideline value is used to determine the stamp duty and registration fees when buying or selling property. It is compared with the sale price, and the higher amount is used for calculating the applicable duties.