Panaikulam

About Panaikulam Village

Panaikulam is a quaint revenue village situated under the jurisdiction of Madurai North Joint I Sub Registrar Office in the Madurai district. Known for its rich agricultural practices and serene environment, Panaikulam features a total of 216 survey numbers and boasts 6 different land classifications. The village has published guideline values that aid potential buyers in understanding property prices, making it an essential location for real estate investments in the Madurai region.

Land Classifications in Panaikulam

The land classifications in Tamil Nadu play a crucial role in determining the guideline values of properties. In Panaikulam, the following categories are recognized:

• Wet Land (Nanjai): This type of land is irrigated and has a reliable water source, making it ideal for farming.
• Dry Land (Punjai): This is rain-fed agricultural land, which may have variable yields depending on seasonal rainfall.
• Garden Land: Land designated for orchards and plantation crops, often valued for its agricultural potential.
• Commercial: Land set aside for business activities, such as shops, offices, and other commercial enterprises.
• Residential: Areas designated for housing and dwellings, typically where people live.
• Industrial: This classification is for manufacturing and industrial use, often impacting the guideline values positively due to demand.

Each land category significantly influences the guideline value, with wet and garden lands generally holding higher values due to their agricultural productivity.

Understanding Survey Numbers

The survey number system in Tamil Nadu is pivotal for land identification and ownership verification. Here’s how it works:

• Assignment of Survey Numbers: Survey numbers are assigned sequentially to parcels of land within the village.
• Main Survey vs Subdivisions: Main survey numbers can have subdivisions (e.g., 1/1, 1/2) to mark different portions of the same plot.
• Reading Your Patta: To find your survey number, check your patta or sale deed, which lists this information clearly.
• Verifying Survey Boundaries: For boundary verification, consult the Field Measurement Book (FMB) maintained by local authorities.

How to Find Your Guideline Value

Finding the guideline value for your property in Panaikulam is straightforward. Follow these steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification of your property.
3. Locate the corresponding value in the published guideline value table.
4. Use the per sq.ft value for your property calculations.
5. If applicable, consider any subdivision factors that may affect the overall value.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your patta or sale deed documents.
• What is the difference between wet land and dry land values? Wet land generally holds higher values due to assured irrigation, while dry land values can fluctuate based on rainfall.
• Can I register below guideline value? Registration below guideline value is generally not permitted, as it may lead to legal issues.
• How often are village guideline values updated? Village guideline values are typically updated based on market trends and are reviewed periodically by the authorities.

Disclaimer

The guideline values mentioned on this page are sourced from TNReginet and are effective as of July 2024. For official transactions and accurate information, it is advisable to verify with the Madurai North Joint I Sub Registrar Office.