Lachivakkam

About Lachivakkam Village

Lachivakkam is a quaint revenue village located under the jurisdiction of the Oothukkottai Sub Registrar Office (SRO) in the Tiruvallur district of Tamil Nadu. This village is strategically positioned within the Chennai zone, making it an attractive option for potential buyers and investors. Lachivakkam is characterized by its diversified land classifications, totaling twelve distinct categories, and boasts 685 survey numbers with published guideline values that serve as benchmarks for property transactions. These guidelines are crucial for understanding the market dynamics and making informed decisions.

Land Classifications in Lachivakkam

The Tamil Nadu government classifies land into various categories, each influencing the guideline values significantly. Below are the primary land classifications found in Lachivakkam:

• Wet Land (Nanjai): This type of land is irrigated with a reliable water source, making it ideal for agriculture. The value tends to be higher due to its agricultural productivity.
• Dry Land (Punjai): Rain-fed agricultural land that does not have an assured water source. Its value is generally lower compared to wet land due to varied productivity.
• Garden Land: This category includes orchards and plantation crops, often valued for their potential yields.
• Commercial: Land designated for business activities, which typically commands higher prices due to its potential for generating revenue.
• Residential: Areas designated for housing and dwellings, pivotal for those looking to build homes.
• Industrial: Land intended for manufacturing and industrial use, usually valued based on its proximity to infrastructure and urban areas.

Each of these categories plays a vital role in determining guideline values, affecting both buyers and sellers in the market.

Understanding Survey Numbers

The survey number system in Tamil Nadu is essential for property identification. Here's how it works:

• Assignment: Survey numbers are assigned by the revenue department to uniquely identify plots of land.
• Main Survey vs. Subdivisions: A main survey number (e.g., 1) can have subdivisions (e.g., 1/1, 1/2), indicating different portions of the same land.
• Reading Patta: To find your survey number, refer to your patta document, where it is clearly mentioned.
• Verifying Boundaries: To confirm survey boundaries, you can visit the Field Measurement Book (FMB) available at the local revenue office.

How to Find Your Guideline Value

Locating your property's guideline value is straightforward. Follow these steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification applicable to your property.
3. Refer to the guideline value table to locate the value corresponding to your classification.
4. Use the per square foot value for precise calculations based on your property's size.
5. If applicable, factor in subdivision values for more detailed pricing.

Frequently Asked Questions

• How to find my survey number? Check your patta or sale deed, where the survey number is listed.
• What is the difference between wet land and dry land values? Wet land typically has a higher value due to reliable irrigation, while dry land values are lower due to dependency on rainfall.
• Can I register below guideline value? No, registration must be at or above the guideline value as set by the government.
• How often are village guideline values updated? Guideline values are usually revised periodically, with the latest update effective from July 2024.

Disclaimer

The guideline values mentioned are sourced from TNReginet and are effective as of July 2024. For official transactions and accurate information, it is advisable to verify details with the Oothukkottai Sub Registrar Office.