Kothankulam

About Kothankulam Village

Kothankulam is a quaint revenue village located under the Veerachozhan SRO in the Ramanathapuram district of Tamil Nadu. This village holds a significant place in the region with its diverse land classifications and a total of 318 survey numbers. Kothankulam features 7 different land classifications, each with its own guideline values that serve as a reference for property transactions. The published guideline values are essential for buyers and sellers alike, ensuring fair pricing in real estate dealings.

Land Classifications in Kothankulam

Kothankulam's land is categorized into various classifications that affect the guideline value. Understanding these classifications is crucial for property buyers:

• Wet Land (Nanjai): This is irrigated agricultural land with an assured water source, typically commanding higher values due to its productivity.
• Dry Land (Punjai): This refers to rain-fed agricultural land, usually valued lower than wet land due to dependence on seasonal rainfall.
• Garden Land: Land designated for orchards and plantation crops, which may have varying values based on the type of crops being cultivated.
• Commercial: This land is designated for business activities and often has the highest values due to its potential for revenue generation.
• Residential: Land for housing and dwellings, its value can fluctuate based on location and amenities.
• Industrial: This classification is for manufacturing and industrial use, typically valued based on proximity to infrastructure.

Each category’s value is influenced by factors such as location, accessibility, and the prevailing market demand.

Understanding Survey Numbers

The survey number system in Tamil Nadu plays a vital role in real estate transactions. Here’s how it works:

• Assignment: Survey numbers are assigned to specific plots of land to identify them uniquely within the village.
• Main Survey vs. Subdivisions: Main survey numbers represent the primary plot, while subdivisions (e.g., 1/1, 1/2) indicate portions of that plot.
• Reading Your Patta: To find your survey number, refer to your patta or sale deed, which will list it clearly.
• Verification: For verifying survey boundaries, you can refer to the Field Measurement Book (FMB) maintained by local authorities.

How to Find Your Guideline Value

Finding the guideline value for your property in Kothankulam 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 guideline value in the published table for Kothankulam.
4. Use the per square foot value for precise calculations based on your land size.
5. If applicable, consider any subdivision factors that may influence the final value.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your patta or sale deed, or by checking with local authorities.
• What is the difference between wet land and dry land values? Wet land values are typically higher due to assured irrigation, while dry land values depend on seasonal rainfall.
• Can I register below guideline value? No, property registration must be done at or above the guideline value set by the government.
• How often are village guideline values updated? Guideline values are reviewed and updated periodically, with the latest update effective from July 2024.

Disclaimer

The guideline values mentioned herein are sourced from TNReginet and are effective from July 2024. For any official transactions, it is advisable to verify the information with the Veerachozhan Sub Registrar Office to ensure accuracy and compliance.