Guideline Value for MOUNT CASTLE

Mount Castle guideline value

The current guideline value of Mount Castle is Rs 1,600 per sq.ft. It is located in Ponmar village under the Gooduvancheri SRO, classified as Mixed Special Type - III.

How the guideline value of Mount Castle has changed

The guideline value for Mount Castle has remained consistent since the 2023 revision, where it was set at Rs 1,600 per sq.ft. The register has no figures for the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

There have been no changes in the guideline value between the revisions listed above. Therefore, the current rate reflects the most recent assessment from the 2023 revision.

Guideline values in Ponmar

The guideline value for Mount Castle is Rs 1,600 per sq.ft, and there are no specific village figures available. The street does not have any other streets listed under the Gooduvancheri SRO.

Stamp duty and registration fee for property in Mount Castle

For a 1,000 sq.ft plot at the current rate of Rs 1,600 per sq.ft, the guideline value amounts to Rs 16,00,000. The stamp duty at 7% would be Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, totaling Rs 1,44,000. 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 Mount Castle?

The Mount Castle area is covered by the Gooduvancheri Sub Registrar Office, located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Ponmar. It serves as a benchmark for determining the stamp duty and registration fees applicable to the property being bought or sold.

When you register a property, the duty is charged based on the higher of the guideline value or the sale price. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Mount Castle?

The current guideline value of Mount Castle is Rs 1,600 per sq.ft, as per the 2023 revision.

What land classification is Mount Castle?

Mount Castle is classified as Mixed Special Type - III under the current land classification system.

When was the last revision of the guideline value?

The last revision of the guideline value for Mount Castle was in 2023, where it was set at Rs 1,600 per sq.ft.

Are there any other streets in Ponmar with guideline values?

There are currently no other streets listed under the Gooduvancheri SRO in Ponmar with specific guideline values provided.

Where can I find the Sub Registrar Office for Mount Castle?

The Gooduvancheri Sub Registrar Office covers Mount Castle and is located at Defence Colony Road, near Veterinary Hospital, Nanthivaram, Guduvanchery-603202, Chengalpattu registration zone.