Guideline Value for Block 7 Cauvery Road
₹1925/sq.ft.
The guideline value for Block 7 Cauvery Road in Ward D 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 D
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 | ₹1000 /sq.ft. |
| From 1-4-2003 To 31-7-2007 | ₹736 /sq.ft. |
| From 1-4-2002 To 31-3-2003 | ₹655 /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 7 Cauvery Road
- Patta chitta: who holds the survey number and its extent, free
- Encumbrance certificate (EC): every registered sale and mortgage on it
- FMB sketch and the village map: its boundary and neighbours
- Erode Joint I sub-registrar office: address, phone and every village it registers
- Stamp duty and registration fee on this guideline value
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Block 7 Cauvery Road guideline value
The current guideline value of Block 7 Cauvery Road is Rs 1,925 per sq.ft, effective from 1 July 2024. This road is located in Ward D village under the Erode Joint I SRO, classified as Residential Class I Type - I.
How the guideline value of Block 7 Cauvery Road has changed
The guideline value for Block 7 Cauvery Road has seen several revisions over the years. The earliest recorded figure is from 2002, which was Rs 655 per sq.ft. In 2003, the value increased to Rs 736 per sq.ft, marking a 12% rise. The 2007 revision set the value at Rs 1,000 per sq.ft, reflecting a 36% increase from the previous year. The 2012 revision maintained the value at Rs 1,750 per sq.ft, which was a significant 75% increase from 2007. However, this was followed by a decrease to Rs 1,172 per sq.ft in 2017, a drop of 33%.
From 2017 to 2023, the guideline value rose sharply to Rs 1,750 per sq.ft, indicating a 49% increase. The most recent revision in 2024 brought the value to Rs 1,925 per sq.ft, a 10% increase from the previous year. There are no figures recorded for revisions in years other than those listed.
Guideline values in Ward D
In Ward D, the guideline values for 2024 range from Rs 770 to Rs 7,700 per sq.ft, with a median value of Rs 798 per sq.ft. The guideline value for Block 7 Cauvery Road is above this median.
- Block 7 Chinnamariamman Kovil Street: Rs 771 per sq.ft (2024)
- Block 7 New Cauvery Road Lane: Rs 771 per sq.ft (2024)
- Block 6 North chinna Mariyamman Kovil street: Rs 771 per sq.ft (2024)
- Block 7 Sekkizhar Street: Rs 770 per sq.ft (2024)
- Block 6 Kamatchiamman Kovil Street: Rs 771 per sq.ft (2024)
- Block 6 Kamatchiamman Kovil Lane: Rs 771 per sq.ft (2024)
Stamp duty and registration fee for property in Block 7 Cauvery 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, bringing the total to Rs 1,73,250. 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 7 Cauvery Road?
The Sub Registrar Office covering Block 7 Cauvery 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 D
The guideline value is a crucial factor in property transactions in Ward D. It is used to determine the stamp duty and registration fees applicable when buying or selling property. Buyers and sellers should be aware that these fees are calculated based on the guideline value or the sale price, whichever is higher.
When registering a property, the guideline value ensures that the transaction is recorded at a fair value. This helps maintain transparency and accountability in property dealings within the region.
Frequently asked questions
What is the current guideline value of Block 7 Cauvery Road?
The current guideline value of Block 7 Cauvery 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 from Rs 655 in 2002 to Rs 1,925 in 2024, showing an overall increase of 194% over this period.
What is the stamp duty for properties in Block 7 Cauvery Road?
The stamp duty for properties in Block 7 Cauvery Road is 7% of the guideline value or the sale price, whichever is higher.
Where is the Erode Joint I Sub Registrar Office located?
The Erode Joint I Sub Registrar Office is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.
What is the median guideline value in Ward D?
The median guideline value in Ward D is Rs 798 per sq.ft, with Block 7 Cauvery Road's value being above this median.
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