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Guideline Value

Corporate

Guideline Value for Block 9 Periyamariamman Kovil Street

₹770/sq.ft.

The guideline value for Block 9 Periyamariamman Kovil 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 ₹250 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹233 /sq.ft.
From 1-4-2002 To 31-3-2003 ₹208 /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 9 Periyamariamman Kovil Street

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Block 9 Periyamariamman Kovil Street guideline value

The current guideline value for Block 9 Periyamariamman Kovil 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 falls under the Residential Class III Type - I land classification.

How the guideline value of Block 9 Periyamariamman Kovil Street has changed

The guideline value for Block 9 Periyamariamman Kovil Street has undergone several revisions over the years. In 2002, the guideline value was Rs 208 per sq.ft, which increased to Rs 233 per sq.ft in 2003. Following this, the value rose to Rs 250 per sq.ft in 2007, and then saw a significant increase to Rs 500 per sq.ft in 2012. However, it decreased to Rs 335 per sq.ft in 2017, before rising again to Rs 700 per sq.ft in 2023, and finally reaching Rs 770 per sq.ft in the 2024 revision.

Between the revisions, there were notable changes. From 2017 to 2023, the value increased by 109%. The 2012 to 2017 period saw a decrease of 33%. The value doubled from 2007 to 2012, with a 100% increase. The increase from 2003 to 2007 was 7%, and from 2002 to 2003, it rose by 12%. Overall, from 2002 to 2024, the guideline value has increased by 270%. There are no figures available for other years 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 value of Rs 798 per sq.ft. The guideline value for Block 9 Periyamariamman Kovil Street is below this median.

Stamp duty and registration fee for property in Block 9 Periyamariamman Kovil Street

For a 1,000 sq.ft plot at the current guideline value of Rs 770 per sq.ft, the total guideline value amounts to Rs 7,70,000. The stamp duty, charged at 7%, would be Rs 53,900, and the registration fee at 2% would be Rs 15,400, making the total cost for these fees Rs 69,300. 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 the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Block 9 Periyamariamman Kovil Street?

The Sub Registrar Office that covers Block 9 Periyamariamman Kovil Street 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 critical factor in the registration process when buying or selling property in Ward D. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the guideline value is compared to the sale price, and the higher amount is used to calculate the applicable duties. This ensures that the government collects the appropriate fees based on the value of the property being transferred.

Frequently asked questions

What is the current guideline value of Block 9 Periyamariamman Kovil Street?

The current guideline value of Block 9 Periyamariamman Kovil 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 seen several revisions, increasing from Rs 208 per sq.ft in 2002 to Rs 770 per sq.ft in 2024, with various fluctuations in between.

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

The stamp duty rate for property transactions in Block 9 Periyamariamman Kovil Street is 7% of the guideline value or sale price, whichever is higher.

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

The Sub Registrar Office for Block 9 Periyamariamman Kovil Street 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, while Block 9 Periyamariamman Kovil Street has a guideline value of Rs 770 per sq.ft, which is below the median.