Madam

About Madam Village

Madam is a quaint revenue village situated under the Thiruttani Sub Registrar Office (SRO) in the Chennai district of Tamil Nadu. It encompasses a range of land classifications, totaling 12 distinct categories, and comprises 77 survey numbers. The village has published guideline values that serve as a benchmark for property transactions, making it essential for potential buyers and investors to familiarize themselves with these values.

Land Classifications in Madam

In Tamil Nadu, land is categorized into various classifications, each influencing guideline values significantly. The classifications in Madam include:

• Wet Land (Nanjai): This category includes irrigated agricultural land with a reliable water source, making it suitable for high-yield crops.
• Dry Land (Punjai): Rain-fed agricultural land that depends on monsoon rains for irrigation, typically yielding lower returns compared to wet land.
• Garden Land: This refers to orchards and plantation crops, which can have fluctuating values based on the type of produce.
• Commercial: Land designated for business activities, often commanding higher guideline values due to its potential for generating income.
• Residential: Land earmarked for housing and dwellings, essential for urban expansion and community development.
• Industrial: This classification includes land set aside for manufacturing and industrial use, which can significantly impact economic growth in the region.

Each category has its own set of characteristics and implications on the guideline value, making it important for buyers to understand these distinctions.

Understanding Survey Numbers

The survey number system in Tamil Nadu is a crucial aspect of land identification. Here’s how it works:

• Assignment of Survey Numbers: Each plot of land is given a unique survey number to differentiate it from others.
• Main Survey vs Subdivisions: Main survey numbers may have subdivisions, denoted as 1/1, 1/2, etc., allowing for more precise identification.
• Reading Your Patta: You can find your survey number on your patta or sale deed, which is essential for property verification.
• Verifying Survey Boundaries: To ensure accurate boundaries, landowners can refer to the Field Measurement Book (FMB) maintained by local authorities.

How to Find Your Guideline Value

Follow these steps to determine the guideline value of your property:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification applicable to your property.
3. Locate the corresponding guideline value in the published table.
4. Use the per square foot value for your property calculations.
5. If applicable, consider factors for subdivisions in your computations.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your property’s patta or sale deed documentation.
• What is the difference between wet land and dry land values? Wet land typically has higher values due to assured irrigation, while dry land values are generally lower due to reliance on rainfall.
• Can I register below guideline value? No, properties must be registered at or above the guideline value set by the government.
• How often are village guideline values updated? Guideline values are regularly revised, with updates usually occurring annually or bi-annually.

Disclaimer

The guideline values discussed in this article are sourced from TNReginet and are effective from July 2024. For official transactions, it is advisable to verify details with the Thiruttani Sub Registrar Office to ensure compliance and accuracy.