Madhavacheri(south)

About Madhavacheri(south) Village

Madhavacheri(south) is a prominent revenue village situated under the Vadakkananthal Sub Registrar Office (SRO) in the Kallakurichi district of Tamil Nadu. Known for its serene environment and agricultural richness, this village boasts 18 distinct land classifications and a total of 822 survey numbers, each with published guideline values that are crucial for property transactions. The guideline values serve as a benchmark for property transactions, ensuring transparency and fairness in the real estate market.

Land Classifications in Madhavacheri(south)

The village features various land classifications, each influencing the guideline value significantly. Here are the primary categories:

• Wet Land (Nanjai): This category refers to irrigated agricultural land that has an assured water source, making it highly valuable for farming.
• Dry Land (Punjai): Typically rain-fed agricultural land, this classification has lower values due to the dependency on rainfall for cultivation.
• Garden Land: Land designated for orchards and plantation crops, often valued for its potential agricultural yield.
• Commercial: Land allocated for business activities, which generally commands higher values due to its potential for revenue generation.
• Residential: This classification is meant for housing and dwellings, and the value can vary based on location and amenities.
• Industrial: Land designated for manufacturing and industrial use, typically associated with higher values due to economic activity.

Each category's guideline value is determined by factors such as location, accessibility, and the potential for development, thus affecting investment decisions.

Understanding Survey Numbers

In Tamil Nadu, survey numbers are critical for identifying land parcels. Here's how the survey number system works:

• Assignment: Survey numbers are assigned based on the land's location and ownership, facilitating easy identification.
• Main Survey vs Subdivisions: Main survey numbers are often followed by subdivisions (1/1, 1/2, etc.), indicating the specific portions of a larger land parcel.
• Reading Your Patta: To find your survey number, refer to your patta or sale deed, where it is typically mentioned clearly.
• Verifying Boundaries: For accurate survey boundaries, you can refer to the Field Measurement Book (FMB), which provides detailed maps and information.

How to Find Your Guideline Value

Finding your guideline value is essential for property transactions. Here’s a simple step-by-step guide:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification for your property.
3. Locate the corresponding value in the guideline value table.
4. Use the per square foot value for your calculations to estimate the total value.
5. Consider subdivision factors if applicable to your property.

Frequently Asked Questions

• How to find my survey number? You can find your survey number by checking your patta or sale deed, which typically lists this information.
• What is the difference between wet land and dry land values? Wet land values are generally higher due to assured irrigation, while dry land values are lower as they depend on rainfall.
• Can I register below guideline value? Registration below the guideline value is generally not permitted, as it ensures fair market pricing.
• How often are village guideline values updated? Village guideline values are typically revised periodically, often annually or bi-annually, to reflect market trends.

Disclaimer

The guideline values presented are sourced from TNReginet and are effective from July 2024. For official transactions, it is recommended to verify details with the Vadakkananthal Sub Registrar Office to ensure accuracy and compliance with local regulations.