Velampur Bit 1

About Velampur Bit 1 Village

Velampur Bit 1 is a revenue village located under the Peraiyur Sub Registrar Office (SRO) in the Madurai district of Tamil Nadu. This village is characterized by its diverse land classifications, comprising a total of 14 different categories across 125 survey numbers. Each land classification has its own published guideline values, which serve as a benchmark for property transactions in the area. Understanding these values is crucial for buyers and investors looking to make informed decisions in the Velampur Bit 1 property market.

Land Classifications in Velampur Bit 1

The land in Velampur Bit 1 is categorized into several classifications, each affecting the guideline values significantly. Below are the primary land categories in Tamil Nadu:

• Wet Land (Nanjai): This type of land is irrigated and has a reliable water source, making it ideal for agricultural activities. It typically carries higher guideline values due to its productivity.
• Dry Land (Punjai): Rain-fed agricultural land that relies on seasonal rainfall. The values for dry land are generally lower than for wet land due to less assured agricultural output.
• Garden Land: This classification includes orchards and plantations. The value depends on the type of crops and their commercial viability.
• Commercial: Land designated for business activities, usually commanding the highest values due to its potential for generating income.
• Residential: This land is intended for housing and dwellings, with guideline values that vary based on location and amenities.
• Industrial: Land reserved for manufacturing and industrial use, which typically has higher values due to its economic importance.

Understanding Survey Numbers

The survey number system in Tamil Nadu is essential for identifying property plots. Here's how it works:

• Assignment of Survey Numbers: Each piece of land is assigned a unique survey number, which helps in clearly identifying it within the village layout.
• Main Survey vs Subdivisions: Survey numbers can have subdivisions, indicated as 1/1, 1/2, etc., which represent different portions of the same land.
• Reading Your Patta: The patta document lists the survey number, which you can use to verify land ownership and characteristics.
• Verifying Survey Boundaries: To confirm the boundaries of the survey number, you can refer to the Field Measurement Book (FMB) available at local administrative offices.

How to Find Your Guideline Value

Finding the guideline value for your property in Velampur Bit 1 involves a few simple 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 value in the guideline value table provided by the Tamil Nadu government.
4. Use the per square foot value for your calculations to estimate the property's worth.
5. If applicable, consider any subdivision factors that may influence the 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 has assured irrigation, leading to higher values, while dry land is dependent on rainfall, resulting in lower values.
• Can I register below guideline value? No, property registration must be done at or above the guideline value unless special exemptions apply.
• How often are village guideline values updated? Guideline values are typically updated every year or as deemed necessary by the state government.

Disclaimer

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