Velivayal

About Velivayal Village

Velivayal is a quaint revenue village located within the Aranthangi Sub Registrar Office (SRO) in the Ramanathapuram district of Tamil Nadu. This village is known for its unique characteristics and a total of 50 survey numbers. With one distinct land classification, Velivayal holds a significant position in the local property market, making it an attractive option for potential buyers and investors. The guideline values published for this village provide a fundamental basis for property transactions, helping buyers assess the market rates accurately.

Land Classifications in Velivayal

Tamil Nadu categorizes agricultural and non-agricultural lands into various classifications, each impacting the guideline values significantly. Here are the primary classifications:

• Wet Land (Nanjai): This category consists of irrigated agricultural land with a reliable water source, resulting in higher value due to assured productivity.
• Dry Land (Punjai): Rain-fed agricultural land falls under this classification, typically valued lower than wet land due to dependency on rainfall.
• Garden Land: This includes orchards and plantation crops, often carrying a moderate value based on the type of cultivation.
• Commercial: Land designated for business activities tends to have higher values due to potential returns from commercial ventures.
• Residential: This classification includes land for housing and dwellings, usually valued based on location and amenities.
• Industrial: Land intended for manufacturing and industrial use has varied values based on the type of industry and demand in the area.

Each category's guideline value reflects its usability and demand in the market, influencing buyers' decisions in Velivayal.

Understanding Survey Numbers

In Tamil Nadu, survey numbers are vital for identifying specific plots of land. Here’s how they work:

• Assignment of Survey Numbers: Each piece of land is assigned a unique survey number to maintain records and facilitate property transactions.
• Main Survey vs. Subdivisions: Survey numbers can have subdivisions, indicated as 1/1, 1/2, etc. This ensures accurate identification of smaller plots within a larger survey.
• Reading Your Patta: To find your survey number, check your patta (land title document), which lists the survey number along with other details.
• Verifying Survey Boundaries: For boundary verification, the Field Measurement Book (FMB) can be consulted to ensure clarity in property lines.

How to Find Your Guideline Value

Finding the guideline value for your property in Velivayal involves 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 corresponding value in the guideline value table for Velivayal.
4. Use the per square foot value for your calculations to assess the total property value.
5. If applicable, consider subdivision factors to adjust the value based on your specific plot.

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 typically has a higher value due to assured irrigation, whereas dry land relies on rain, making it less valuable.
• Can I register below guideline value? Registration below the guideline value is not permitted; properties must be registered at or above the prescribed value.
• How often are village guideline values updated? Guideline values are reviewed and updated periodically, with the latest values effective from July 2024.

Disclaimer

The guideline values mentioned are sourced from TNReginet and are effective from July 2024. It is advisable for buyers to verify the values and transaction details with the Aranthangi Sub Registrar Office before proceeding with property transactions.