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Guideline Value

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Guideline Value for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street

₹770/sq.ft.

The guideline value for Block 7 Vanniya Kula Chatriyar Street Or Cauvery Street Or Karikalan Street in Ward D village (Erode Joint I SRO, Coimbatore zone) is Rs 770 per sq.ft, effective 1 July 2024. It was Rs 700 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Coimbatore

Zone

Ward D

Village

Erode Joint I

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹770 /sq.ft.
From 1-4-2023 ₹700 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹335 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹350 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
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 7 Vanniya Kula Chatriyar Street Or Cauvery Street Or Karikalan Street

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Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street guideline value

The current guideline value for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street is Rs 770 per sq.ft, effective from 1 July 2024. This street is located in Ward D village, under the Erode Joint I SRO, and is classified as Residential Class III Type - I.

How the guideline value of Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street has changed

The guideline value for this street has seen several revisions over the years. In 2007, the value was Rs 350 per sq.ft, which increased to Rs 500 per sq.ft in 2012. However, from 2012 to 2017, there was a significant decrease to Rs 335 per sq.ft. Following this, the value rose sharply to Rs 700 per sq.ft in 2023, marking an increase of 109% from the previous figure. The latest revision in 2024 has set the value at Rs 770 per sq.ft, reflecting a 10% increase from 2023.

The register does not have figures for the years 2002 and 2003 for this street. Overall, from 2007 to 2024, the guideline value has increased by 120%.

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 value of Rs 798 per sq.ft. The guideline value for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street is below this median.

Stamp duty and registration fee for property in Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value would be Rs 7,70,000. The stamp duty at 7% would amount to Rs 53,900, and the registration fee at 2% would be Rs 15,400, bringing the total to Rs 69,300. Duty is charged on the higher of the guideline value and the sale price.

You can use the stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street?

The Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street is covered by 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 an essential factor in the registration process for property transactions in Ward D. It determines the minimum value at which a property can be registered, impacting the stamp duty and registration fees applicable to the transaction.

When buying or selling property, the guideline value ensures that the transaction is documented at a fair value, as it is set by the government based on various factors. This helps maintain transparency in property dealings within the region.

Frequently asked questions

What is the current guideline value for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street?

The current guideline value for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street is Rs 770 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 350 per sq.ft in 2007 to Rs 770 per sq.ft in 2024. Significant changes occurred between 2012 and 2017, where it decreased to Rs 335 per sq.ft, and then increased to Rs 700 per sq.ft in 2023.

What is the classification of land for this street?

The land classification for Block 7 Vanniya Kula Chatriyar Street OR Cauvery Street OR Karikalan Street is Residential Class III Type - I.

Where can I find the Erode Joint I Sub Registrar Office?

The Erode Joint I Sub Registrar Office is located at Annai Sathya Nagar, Iranian Street, Rangapalayam, Erode-638009, Coimbatore registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, a property with a guideline value of Rs 7,70,000 would incur a stamp duty of Rs 53,900 at a rate of 7%.