Ward V

About Ward V Village

Ward V is a notable revenue village located under the Madurai South Joint 4 Sub Registrar Office (SRO) in the Madurai district of Tamil Nadu. This village is characterized by its unique land classifications and survey numbers, which play a crucial role in determining property values. Ward V comprises 2 different land classifications and consists of a total of 11 survey numbers, which have published guideline values that are essential for property transactions.

Land Classifications in Ward V

In Tamil Nadu, land is categorized into various classifications, each impacting the guideline value significantly. The primary categories relevant to Ward V include:

• Wet Land (Nanjai): This refers to irrigated agricultural land with an assured water source, typically yielding higher guideline values.
• Dry Land (Punjai): Rain-fed agricultural land that usually has lower values compared to wet land due to dependency on rainfall.
• Garden Land: Areas designated for orchards and plantation crops, often valued based on the type of produce.
• Commercial: Land set aside for business activities, which attracts a premium due to its potential for generating income.
• Residential: Land intended for housing, with values influenced by locality and amenities.
• Industrial: Land earmarked for manufacturing and industrial use, generally having higher values due to development potential.

Each category’s classification affects the overall valuation and guideline values of properties in Ward V, guiding potential buyers in their investment decisions.

Understanding Survey Numbers

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

1. Assignment of Survey Numbers: Each land parcel is assigned a unique survey number for identification, which helps in property registration and transactions.
2. Main Survey vs. Subdivisions: Main surveys are denoted by numbers (e.g., 1), while subdivisions are marked with fractions (e.g., 1/1, 1/2), indicating smaller portions of the main land.
3. Reading your Patta: To find your survey number, refer to your patta (land title deed), which will list the corresponding survey number for your property.
4. Verifying Survey Boundaries: To confirm the boundaries of your land, you can refer to the Field Measurement Book (FMB), which is maintained by the local revenue office.

How to Find Your Guideline Value

Locating the guideline value for your property in Ward V is a straightforward process. Follow these steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification for your property.
3. Locate the guideline value in the published table for your specific classification.
4. Use the per square foot value for accurate calculations of total property value.
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 document.
• What is the difference between wet land and dry land values? Wet land generally has higher values due to irrigation, while dry land values are lower as they depend on rainfall.
• Can I register below guideline value? No, properties must be registered at or above the guideline value as per Tamil Nadu regulations.
• How often are village guideline values updated? Guideline values are typically updated periodically, with changes reflecting market trends and government policies.

Disclaimer

The guideline values for Ward V are sourced from TNReginet and are effective from July 2024. For official transactions, it is advisable to verify the values with the Madurai South Joint 4 Sub Registrar Office to ensure compliance and accuracy.