To register a property located in Nichroli village, the category of property has to be primarily identified, since the guideline value differs from one property type to another property type. Guideline value not only determines the minimum registration value of the property located at Nichroli village but also it enables to calculate the associate cost of property registration such as stamp duty, registration fees etc.

Market value of the property located at Nichroli village may differ from guideline value considering the other factors such as infrastructure of the building, material used in construction, age of the property etc, however registration of property can be done at par with guideline value or higher than the guideline value.