Panaikulam

About Panaikulam Village

Panaikulam is a revenue village located under the Madurai South Joint I Sub Registrar Office (SRO) in the Madurai district of Tamil Nadu. This village is characterized by its diverse land classifications, totaling seven distinct categories, which play a crucial role in determining property values. With a total of 55 survey numbers, Panaikulam has published guideline values that are essential for property transactions and investments in the region.

Land Classifications in Panaikulam

Panaikulam features a variety of land classifications, each impacting the guideline values significantly. The seven categories are as follows:

• Wet Land (Nanjai): This type of land is irrigated and has an assured water source, making it ideal for certain crops. The guideline value for wet land is typically higher due to its agricultural potential.
• Dry Land (Punjai): This rain-fed agricultural land does not have assured irrigation. As a result, the guideline value is generally lower compared to wet land.
• Garden Land: This category includes orchards and plantation crops. Its value can vary based on the type of plantation and its productivity.
• Commercial: Land designated for business activities often has higher guideline values, reflecting the potential for revenue generation.
• Residential: This land is used for housing and dwellings, and its value fluctuates based on demand and location.
• Industrial: Land earmarked for manufacturing and industrial use typically has a higher value due to its potential for economic development.

Understanding Survey Numbers

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

• Assignment of Survey Numbers: Each piece of land is assigned a unique survey number based on its location and boundaries.
• Main Survey vs. Subdivisions: Main survey numbers are whole numbers, while subdivisions are indicated with fractions (e.g., 1/1, 1/2), allowing for more precise identification.
• Reading Your Patta: To find your survey number, refer to your patta or sale deed, which contains detailed information about your property.
• Verifying Survey Boundaries: To confirm survey boundaries, consult the Field Measurement Book (FMB) available at local revenue offices.

How to Find Your Guideline Value

Finding the guideline value for your property involves a few straightforward steps:

1. Identify your survey number from your patta or sale deed.
2. Determine the correct land classification your property falls under.
3. Locate the corresponding value in the guideline value table for Panaikulam.
4. Use the per square foot value for any calculations needed.
5. If applicable, consider subdivision factors as they 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 is dependent on rainfall, leading to lower values.
• Can I register below guideline value? No, properties must be registered at or above the guideline value set by the government.
• How often are village guideline values updated? Guideline values are typically reviewed and updated periodically, with the latest values effective from July 2024.

Disclaimer

The guideline values mentioned herein are sourced from TNReginet and are effective as of July 2024. For any official transactions or verification, it is advised to consult the Madurai South Joint I Sub Registrar Office.