Vepady

About Vepady Village

Vepady is a quaint revenue village located under the Gangavalli Sub Registrar Office (SRO) in the Salem district of Tamil Nadu. This village boasts a diverse landscape with two distinct land classifications and a total of 96 survey numbers. The guideline values published for Vepady serve as a crucial reference for property transactions, ensuring transparency and fairness in the real estate market.

Land Classifications in Vepady

In Tamil Nadu, land is classified into several categories, each impacting the guideline value significantly. The land classifications in Vepady are as follows:

• Wet Land (Nanjai): This category consists of irrigated agricultural land with an assured water source, typically resulting in higher valuation due to its productive capability.
• Dry Land (Punjai): Rain-fed agricultural land falls under this classification, which generally has a lower guideline value compared to wet land due to dependency on seasonal rainfall.
• Garden Land: Areas designated for orchards and plantation crops attract a moderate guideline value based on their agricultural potential.
• Commercial: Land designated for business activities commands a higher value due to its location advantages and potential for revenue generation.
• Residential: This classification is for housing and dwellings, which typically reflects the demand in the locality affecting the pricing.
• Industrial: Land set aside for manufacturing and industrial use carries significant value due to the economic opportunities it presents.

Understanding Survey Numbers

The survey number system in Tamil Nadu plays a crucial role in identifying and verifying land ownership. Here's how it works:

1. Assignment: Survey numbers are assigned based on the geographical layout and division of land.
2. Main Survey vs. Subdivisions: Each survey number may have subdivisions indicated as 1/1, 1/2, etc., where the main number signifies the plot, and the subdivision indicates the fraction of that plot.
3. Reading Your Patta: To find your survey number, refer to your patta or sale deed, where it is clearly mentioned.
4. Verifying Boundaries: To confirm survey boundaries, you can refer to the Field Measurement Book (FMB) maintained by the local revenue office.

How to Find Your Guideline Value

Finding the guideline value for your property in Vepady is a straightforward process. Follow these 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 corresponding to your survey number and land classification.
4. Use the per square foot value for your property area to calculate the total guideline value.
5. If applicable, consider any subdivision factors that may affect the overall valuation.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your patta or sale deed, as well as in the Field Measurement Book (FMB).
• What is the difference between wet land and dry land values? Wet land has a higher value due to assured irrigation, while dry land is dependent on rainfall, making it less valuable.
• Can I register below guideline value? No, property registration must adhere to the guideline values set by the government.
• How often are village guideline values updated? Guideline values are typically updated every year or as necessary, reflecting changes in market conditions.

Disclaimer

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