Guideline Value is the minimum value fixed by the Karnataka department of registration and stamps for property registration in respective area. The property types in Mangalgi are classified into agriculture, non - agriculture, residential flat, residential apartment, commercial flat, and commercial apartment. Guideline value is applicable to all the property types in Mangalgi and these guideline Values are revised periodically to have them in sync with the market value.
Mangalgi guideline value helps to determine the associated costs pertain to property registration such as such stamp duty fees, registration fee etc. Any property in Mangalgi has to be registered in Humnabad sub registrar office (SRO).