How can I find the land value of my property in Tamilnadu?
To find the guideline value for a property, visit the Tamilnadu Registration Department website. On the left side of the window, select the zone for which guideline value is required and select search by street name on the right side pane.
What is guideline value of property?
What is Property Guideline Value? Property Guideline value is the estimated market value of the property as per the records maintained by the Government. For a residential area that is not formed into streets, the guideline value of such properties is fixed upon the survey number of the property.
How do you find the market value of land?
Valuation of Immovable Property . The Market Value is determined by ready reckoner (ASR) Annual Statement Rate value fixed and published every year on 31st December, under the Maharashtra Stamp Act, (59 of 1958) and the Maharashtra Stamp (Determination of True Market Value of Property) Rule, 1995.
How can I check my Patta balance online?
How to Check Patta Chitta Verification Online
- Visit the official Tamil Nadu government services website.
- Enter the Reference Number that you had received.
- Click on the ‘Submit’ button.
- The results of the Patta Chitta verification will be displayed on the page.
What is the difference between guideline value and market value?
Guideline values are particularly of an area or locality, stamp duty is levied on that value. It’s job of state revenue department. Market value is determined by market sentiments and mostly depend on buyer how much he is willing to pay.
Can I sell property below market value?
If the vendor is in danger of foreclosure, needs to move quickly on another property, is selling a deceased estate or has had their property listed for a protracted period of time without generating interest, they may sell their home below market value.
How do I find the value of my plot?
To find the real value of the land the entire plot is divided into three belts. Each belt is valued at different rates. The first belt has a maximum value, the second belt is valued at a two-thirds rate of the first belt and the third belt is valued at half the rate of the first belt.
What is Patta number?
A Patta is a revenue record of a piece of land. It is issued by the government and is also known as the Record of Rights (ROR). The Patta includes the Patta number, name of the district, taluk and village, owner’s name, survey number and subdivision, wetland/dryland, area of land and tax details.