Maduravoyal

About Maduravoyal Village

Maduravoyal is a prominent revenue village located under the Virugambakkam Sub Registrar Office (SRO) in the Chennai district of Tamil Nadu. With its strategic location in Chennai, Maduravoyal has become a sought-after area for both residential and commercial purposes. The village boasts five different land classifications and consists of 17 survey numbers, each with published guideline values. Understanding these values is essential for potential buyers and investors looking to navigate the property market in this vibrant locality.

Land Classifications in Maduravoyal

In Tamil Nadu, land is categorized into various classifications, each serving different purposes and affecting the guideline values. The following are the classifications relevant to Maduravoyal:

• Wet Land (Nanjai): Irrigated agricultural land with an assured water source, typically valued higher due to its productivity.
• Dry Land (Punjai): Rain-fed agricultural land, which may have lower values compared to wet land due to dependence on rainfall.
• Garden Land: Includes orchards and plantation crops, often valued for their potential agricultural yield.
• Commercial: Land designated for business activities, usually associated with higher guideline values due to its income-generating potential.
• Residential: Land meant for housing and dwellings, values vary based on location and amenities available.
• Industrial: Primarily for manufacturing and industrial use, often valued based on accessibility and infrastructure.

Each land classification plays a crucial role in determining the guideline value, with commercial and residential lands generally commanding higher prices.

Understanding Survey Numbers

The survey number system in Tamil Nadu villages is essential for identifying and verifying land parcels. Here’s how it works:

• Assignment: Survey numbers are assigned sequentially to land parcels within a village.
• Main Survey vs Subdivisions: Main survey numbers (e.g., 1) can have subdivisions (e.g., 1/1, 1/2) indicating smaller portions of land.
• Reading Patta: Landowners can find their survey number on the patta or sale deed, which is a crucial document for ownership.
• Verifying Survey Boundaries: To confirm survey boundaries, landowners can refer to the Field Measurement Book (FMB) available at the local revenue office.

How to Find Your Guideline Value

Finding the guideline value for your property in Maduravoyal is a straightforward process. 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. Locate the corresponding value in the published guideline value tables.
4. Use the per square foot value for your calculations to estimate the total value.
5. If applicable, consider subdivision factors which might affect the final valuation.

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 higher values due to assured irrigation, while dry land values are usually lower as they depend on rainfall.
• Can I register below guideline value? No, property transactions must comply with the guideline values set by the government.
• How often are village guideline values updated? Guideline values are periodically reviewed and updated, with the latest update being effective from July 2024.

Disclaimer

The guideline values presented here are sourced from TNReginet and are effective from July 2024. For official transactions and the most accurate information, please verify with the Virugambakkam Sub Registrar Office.