Mylangundu

About Mylangundu Village

Mylangundu is a quaint revenue village situated under the jurisdiction of the Madurai North Joint I Sub-Registrar Office (SRO) in the vibrant Madurai district of Tamil Nadu. Known for its agricultural richness, Mylangundu comprises four distinct land classifications and encompasses a total of 111 survey numbers, each with designated guideline values that assist property buyers in making informed decisions.

Land Classifications in Mylangundu

The land in Mylangundu is categorized into various classifications, each impacting the guideline values significantly:

• Wet Land (Nanjai): This type of land is irrigated and has an assured water source, making it highly valuable for agricultural use.
• Dry Land (Punjai): Rain-fed agricultural land that depends solely on rainfall for irrigation, generally having lower values compared to wet land.
• Garden Land: This classification includes orchards and plantation crops, often valued for their potential for cultivation and development.
• Commercial: Designated for business activities, this land type generally holds a higher guideline value due to its potential for generating income.
• Residential: This category is meant for housing, with values influenced by locality and proximity to amenities.
• Industrial: Land designated for manufacturing and industrial use, usually commanding higher values due to commercial potential.

Each classification plays a vital role in determining the guideline values in Mylangundu, which are essential for buyers and investors.

Understanding Survey Numbers

The survey number system in Tamil Nadu is crucial for identifying land parcels. Here’s how it works:

• Assignment: Survey numbers are assigned to land based on surveys conducted by local authorities.
• Main Survey vs Subdivisions: A main survey number can have subdivisions (e.g., 1/1, 1/2) representing different portions of the same land.
• Reading Your Patta: To find your survey number, refer to your patta or sale deed document.
• Verification of Boundaries: To confirm survey boundaries, you can refer to the Field Measurement Book (FMB).

How to Find Your Guideline Value

Follow these steps to determine the guideline value for your property:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification for your property.
3. Locate the corresponding value in the guideline value table published for Mylangundu.
4. Use the per square foot value for your calculations.
5. Consider any subdivision factors that may apply to your specific land.

Frequently Asked Questions

• How to find my survey number? Refer to your land documents, such as patta or sale deed, to locate your survey number.
• What is the difference between wet land and dry land values? Wet land typically has higher values due to irrigation potential, while dry land values are lower due to reliance on rainfall.
• Can I register below guideline value? No, registration must occur at or above the guideline value set by the government.
• How often are village guideline values updated? Guideline values are periodically updated, generally every few years or based on market conditions.

Disclaimer

The guideline values provided are sourced from TNReginet and are effective from July 2024. For any official transactions or specific queries, please verify with the Madurai North Joint I Sub Registrar Office.