Korattur

About Korattur Village

Korattur is a quaint revenue village located within the Villivakkam Sub-Registrar Office (SRO) in the Chennai District. It is known for its unique charm and community-centric atmosphere. The village has three distinct land classifications, which play a crucial role in determining property values. With a total of 24 survey numbers published, Korattur provides a diverse range of land options for potential buyers and investors.

Land Classifications in Korattur

In Tamil Nadu, land is categorized into various classifications, each influencing the guideline values significantly. In Korattur, the primary classifications are:

• Wet Land (Nanjai): This type of land is primarily used for irrigated agriculture and has an assured water source, making it valuable for farming.
• Dry Land (Punjai): Rain-fed agricultural land that depends on seasonal rains, typically resulting in lower value compared to wet land.
• Garden Land: Utilized for orchards and plantation crops, garden land can have varying values based on the type of crops grown.
• Commercial: Land designated for business activities, often fetching higher guideline values due to its income-generating potential.
• Residential: This classification is for housing and dwellings, which is a popular choice among buyers in Korattur.
• Industrial: Reserved for manufacturing and industrial activities, this land type generally has a higher value due to its commercial importance.

The guideline value of each classification is determined based on its usability, demand, and potential for development.

Understanding Survey Numbers

In Tamil Nadu, the survey number system is crucial for identifying land parcels in villages. Here’s how it works:

• Assignment: Survey numbers are uniquely assigned to land parcels to track ownership and boundaries.
• Main Survey vs. Subdivisions: Main survey numbers may have subdivisions (e.g., 1/1, 1/2) that indicate smaller portions of land within a larger parcel.
• Reading Patta: To find your survey number, check your patta or title document, which lists the specific survey number associated with your land.
• Verifying Boundaries: Boundaries can be verified through the Field Measurement Book (FMB) maintained by the local revenue department.

How to Find Your Guideline Value

To determine the guideline value of a property in Korattur, follow these steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the land classification applicable to your property.
3. Locate the corresponding value in the guideline value table provided by the authorities.
4. Use the per square foot value for accurate calculations regarding your property.
5. If applicable, consider factors related to subdivisions for precise valuation.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your patta or through the local revenue office.
• What is the difference between wet land and dry land values? Wet land typically has a higher value due to its irrigated nature, while dry land relies on rainfall, leading to lower values.
• Can I register below guideline value? No, registration must occur at or above the guideline value as per Tamil Nadu regulations.
• How often are village guideline values updated? Guideline values are updated periodically, with the next revision expected in July 2024.

Disclaimer

The guideline values referenced have been sourced from TNReginet and are effective from July 2024. For official transactions and the most accurate information, please verify with the Villivakkam Sub Registrar Office.