Guideline Value for TOUCHWOOD MANGIUM FORMS

Touchwood Mangium Forms guideline value

The current guideline value of Touchwood Mangium Forms is Rs 100 per sq.ft, effective from 1 July 2024. This property is located in Ariyathur village under the Oothukkottai Sub Registrar Office (SRO) and falls under the Residential Class I Type - I land classification.

How the guideline value of Touchwood Mangium Forms has changed

Over the years, the guideline value for Touchwood Mangium Forms has seen several revisions. The 2012 revision set the value at Rs 75 per sq.ft, which increased to Rs 50 per sq.ft in the 2017 revision. Following that, the 2023 revision maintained the value at Rs 100 per sq.ft, and the same value continues into the 2024 revision. Notably, there are no figures available for the years 2002, 2003, and 2007 in the register for this street.

Examining the changes between revisions, we see that from 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 100%. Overall, from 2012 to 2024, the guideline value has risen by 33%.

Guideline values in Ariyathur

In Ariyathur, the guideline value for Touchwood Mangium Forms is currently Rs 100 per sq.ft. Other streets in Ariyathur under the Oothukkottai SRO include:

• Poondi Park: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Touchwood Mangium Forms

For a 1,000 sq.ft plot at the current guideline value of Rs 100 per sq.ft, the total 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. Together, these fees total Rs 9,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Touchwood Mangium Forms?

The Touchwood Mangium Forms area is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026. You can find your SRO for more information.

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

The guideline value plays a crucial role in the property registration process in Ariyathur. It is used to determine the stamp duty and registration fees that are applicable when a property is bought or sold. The fees are based on the guideline value or the sale price, whichever is higher.

When registering a property, it is essential to be aware of the guideline value as it directly impacts the total cost involved in the transaction. Buyers and sellers should ensure they are informed about the current guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Touchwood Mangium Forms?

The current guideline value of Touchwood Mangium Forms 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 75 per sq.ft in 2012 to Rs 50 per sq.ft in 2017, then increased to Rs 100 per sq.ft in both 2023 and 2024.

What is the registration office for Touchwood Mangium Forms?

The registration office for Touchwood Mangium Forms is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, Chennai 602026.

How is the stamp duty calculated for properties in Touchwood Mangium Forms?

Stamp duty 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 be Rs 7,000 based on the current guideline value.

Are there other streets with the same guideline value in Ariyathur?

Yes, Poondi Park is another street in Ariyathur that has the same guideline value of Rs 100 per sq.ft as Touchwood Mangium Forms in the 2024 revision.