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Guideline Value

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Guideline Value for Block 5 Kamatchiamman Kovil Theru

₹825/sq.ft.

The guideline value for Block 5 Kamatchiamman Kovil Theru in Ward D village (Erode Joint I SRO, Coimbatore zone) is Rs 825 per sq.ft, effective 1 July 2024. It was Rs 750 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward D

Village

Erode Joint I

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹825 /sq.ft.
From 1-4-2023 ₹750 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹502 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹750 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹400 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹332 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
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 Kamatchiamman Kovil Theru

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Block 5 Kamatchiamman Kovil Theru guideline value

The current guideline value for Block 5 Kamatchiamman Kovil Theru is Rs 825 per sq.ft, effective from 1 July 2024. This property is located in Ward D village under the Erode Joint I SRO and is classified as Residential Class II Type - II.

How the guideline value of Block 5 Kamatchiamman Kovil Theru has changed

The guideline value for Block 5 Kamatchiamman Kovil Theru has seen several revisions over the years. The earliest recorded value was Rs 332 per sq.ft in 2003, which increased to Rs 400 per sq.ft in 2007. Following this, the value rose significantly to Rs 750 per sq.ft in 2012, before dropping to Rs 502 per sq.ft in 2017. The most recent revision in 2023 set the value at Rs 750 per sq.ft, which then increased to Rs 825 per sq.ft in 2024.

Overall, from 2003 to 2024, the guideline value has increased by 148%. Notably, the revision from 2023 to 2024 reflects a 10% increase, while the jump from 2017 to 2023 shows a substantial 49% rise. The register does not provide any figures for the year 2002 for this street.

Guideline values in Ward D

In Ward D, there are 200 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 of Rs 798 per sq.ft. The guideline value for Block 5 Kamatchiamman Kovil Theru is above this median.

Stamp duty and registration fee for property in Block 5 Kamatchiamman Kovil Theru

For a 1,000 sq.ft plot at the current guideline value of Rs 825 per sq.ft, the total guideline value amounts to Rs 8,25,000. The stamp duty at 7% would be Rs 57,750, and the registration fee at 2% would be Rs 16,500, bringing the total cost for these fees to Rs 74,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use our stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 5 Kamatchiamman Kovil Theru?

The Sub Registrar Office covering Block 5 Kamatchiamman Kovil Theru 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 details.

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

The guideline value is a crucial factor in the registration process for buying or selling property in Ward D. It serves as a benchmark for determining the stamp duty and registration fees, ensuring that these fees are calculated based on an official valuation.

When engaging in property transactions, it is essential to be aware of the guideline value, as it can influence the overall costs associated with registration. Buyers and sellers should consult the latest figures to ensure they are informed about the financial implications of their transactions.

Frequently asked questions

What is the current guideline value for Block 5 Kamatchiamman Kovil Theru?

The current guideline value for Block 5 Kamatchiamman Kovil Theru is Rs 825 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 332 per sq.ft in 2003 to Rs 825 per sq.ft in 2024, reflecting an overall increase of 148% over this period.

What is the registration office for Block 5 Kamatchiamman Kovil Theru?

The registration office for Block 5 Kamatchiamman Kovil Theru 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 guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the total guideline value is Rs 8,25,000, leading to a stamp duty of Rs 57,750 and a registration fee of Rs 16,500.

What are the other streets in Ward D with guideline values?

Other streets in Ward D have guideline values ranging from Rs 770 to Rs 7,700 per sq.ft, with several streets listed at Rs 771 per sq.ft and others at Rs 770 per sq.ft for the year 2024.