Guideline Value for NATWEST MANGO COUNTY

Natwest Mango County guideline value

The current guideline value of Natwest Mango County is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Themmabubalapuram village, under the Oothukkottai SRO, and falls under the Residential Class I Type - I land classification.

How the guideline value of Natwest Mango County has changed

The guideline value for Natwest Mango County has undergone several revisions over the years. The earliest recorded revision was in 2012, where the guideline value was Rs 70 per sq.ft. This was followed by a revision in 2017, which saw a significant increase to Rs 47 per sq.ft, marking a decrease of 33%. The subsequent revision in 2023 maintained the value at Rs 100 per sq.ft, with no change from the previous year. In 2024, the guideline value remained the same at Rs 100 per sq.ft, indicating a 0% change from 2023.

Overall, from 2012 to 2024, the guideline value has increased by 43%. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Themmabubalapuram

No specific village figures are provided for Themmabubalapuram. Currently, Natwest Mango County is the only street under the Oothukkottai SRO.

Stamp duty and registration fee for property in Natwest Mango County

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value amounts to Rs 1,00,000. The stamp duty at 7% would be Rs 7,000, and the registration fee at 2% would be Rs 2,000, bringing the total to Rs 9,000. It is important to note that duty is charged on the higher of the guideline value or the sale price. For further details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Natwest Mango County?

The Sub Registrar Office that covers Natwest Mango County is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more information.

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

The guideline value is a crucial factor during the registration of property transactions in Themmabubalapuram. It determines the minimum value at which properties can be registered, ensuring that the government receives appropriate revenue through stamp duty and registration fees.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties. This ensures that all transactions are fairly assessed based on the established guideline values.

Frequently asked questions

What is the current guideline value of Natwest Mango County?

The current guideline value of Natwest Mango County is Rs 100 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 70 per sq.ft in 2012 to Rs 100 per sq.ft in 2024, with notable revisions in 2017 and 2023.

What are the stamp duty and registration fees for Natwest Mango County?

For a 1,000 sq.ft plot, the total stamp duty and registration fees amount to Rs 9,000, calculated based on the guideline value of Rs 1,00,000.

Which Sub Registrar Office covers this area?

The Oothukkottai Sub Registrar Office covers Natwest Mango County, located near the government hospital in Uthukottai, 602026, Chennai registration zone.

What land classification does Natwest Mango County fall under?

Natwest Mango County is classified under Residential Class I Type - I, which indicates its designation for residential purposes.