Pungathur

About Pungathur Village

Pungathur is a revenue village located under the Tiruvallur Joint 1 SRO in the Chennai district. This village features a unique landscape with 13 different land classifications and a total of 106 survey numbers. The guideline values published for these classifications are essential for property buyers and investors aiming to understand the real estate market in Pungathur.

Land Classifications in Pungathur

Pungathur boasts a variety of land classifications, each impacting the guideline value significantly. Here are the main categories:

• Wet Land (Nanjai): This type of land is irrigated and has a reliable water source, making it valuable for agriculture.
• Dry Land (Punjai): This land relies on rainwater for farming and is typically less expensive than wet land.
• Garden Land: Used for orchards and plantation crops, this classification often attracts higher values due to its agricultural potential.
• Commercial: Designated for business activities, commercial land generally commands premium prices due to its potential for income generation.
• Residential: This classification is for housing and dwellings, with values influenced by location and amenities.
• Industrial: Land allocated for manufacturing and other industrial uses, often characterized by higher guideline values due to its economic importance.

Each category's value reflects its utility and demand in the real estate market, thereby affecting the overall guideline values published for Pungathur.

Understanding Survey Numbers

The survey number system in Tamil Nadu villages plays a crucial role in land identification and ownership. Here’s how it works:

• Assignment: Survey numbers are assigned to specific plots of land to distinguish them from others.
• Main Survey vs. Subdivisions: Main surveys are numbered sequentially, while subdivisions are marked as 1/1, 1/2, etc., indicating further divisions of the main survey.
• Reading Patta: To find your survey number, refer to your patta or sale deed, which will list the assigned survey number.
• Verifying Boundaries: For accurate boundary verification, consult the Field Measurement Book (FMB) maintained by the local authorities.

How to Find Your Guideline Value

Finding your guideline value is a straightforward process. Follow these steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification associated with your property.
3. Locate the corresponding value in the published guideline value table.
4. Use the per square foot value for any calculations related to your property’s worth.
5. If applicable, consider any subdivision factors that might influence the final value.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your patta or sale deed.
• What is the difference between wet land and dry land values? Wet land typically has a higher value due to irrigation, while dry land is often less expensive due to its reliance on rainfall.
• Can I register below guideline value? No, property transactions must meet or exceed the applicable guideline value.
• How often are village guideline values updated? Village guideline values are generally updated periodically, often in conjunction with government assessments.

Disclaimer

The guideline values provided here are sourced from TNReginet and are effective from July 2024. For any official transactions, it is advisable to verify the information with the Tiruvallur Joint 1 Sub Registrar Office to ensure accuracy and compliance.