Guideline Value for MOWNISHWAR NAGAR

Mownishwar Nagar guideline value

The current guideline value of Mownishwar Nagar is Rs 1,200 per sq.ft, as per the 2023 revision. This area falls under the Thiruporur Sub Registrar Office (SRO) in the Chengalpattu zone and is classified as Residential Special Type - I.

How the guideline value of Mownishwar Nagar has changed

According to the guideline value register, the revisions for Mownishwar Nagar include the 2023 revision, which is set at Rs 1,200 per sq.ft. There are no figures available for the revisions in the years 2024, 2017, 2012, 2007, 2003, and 2002 for this street.

Since the 2023 revision, there have been no changes in the guideline value for Mownishwar Nagar. The register indicates that the previous years do not have any figures listed for this street.

Guideline values in Thaiyur-A

Currently, there are no village figures provided for Thaiyur-A. Mownishwar Nagar is part of this locality, which does not have any other streets listed under the Thiruporur SRO.

Stamp duty and registration fee for property in Mownishwar Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,200 per sq.ft, the total guideline value amounts to Rs 12,00,000. The stamp duty at 7% would be Rs 84,000, and the registration fee at 2% would be Rs 24,000, leading to a total of Rs 1,08,000. It is important to note that duty is charged on the higher of the guideline value or the sale price.

For further assistance, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Mownishwar Nagar?

The Mownishwar Nagar area is covered by the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thaiyur-A

The guideline value is a crucial factor in the registration process when buying or selling property in Mownishwar Nagar. It serves as the baseline for calculating stamp duty and registration fees, ensuring that these costs are based on the official value set by the government.

When a property is sold, the buyer may need to pay stamp duty and registration fees based on the guideline value or the sale price, whichever is higher. This ensures that the transaction is recorded accurately and complies with local regulations.

Frequently asked questions

What is the current guideline value of Mownishwar Nagar?

The current guideline value of Mownishwar Nagar is Rs 1,200 per sq.ft, as per the 2023 revision.

What land classification does Mownishwar Nagar fall under?

Mownishwar Nagar is classified as Residential Special Type - I, according to the guideline value register.

When was the last revision for the guideline value?

The last revision for the guideline value of Mownishwar Nagar was in 2023, where it was set at Rs 1,200 per sq.ft.

Are there any other streets listed under Thaiyur-A?

No, there are currently no other streets listed under Thaiyur-A in the Thiruporur SRO.

How is stamp duty calculated for properties in Mownishwar Nagar?

Stamp duty for properties in Mownishwar Nagar is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot, the stamp duty would amount to Rs 84,000 based on the current guideline value.