Ward Ak 5

About Ward Ak 5 Village

Ward Ak 5 is a revenue village located in the Salem district, falling under the jurisdiction of the Salem East Joint I Sub Registrar Office (SRO). This village is characterized by its unique land classifications and a total of 80 survey numbers that contribute to its real estate dynamics. The published guideline values in this area are crucial for buyers and investors looking to make informed property decisions.

Land Classifications in Ward Ak 5

Tamil Nadu's land classifications play a significant role in determining the guideline values. In Ward Ak 5, there is one predominant land classification, which can impact property transactions. Here are the common land categories recognized in the state:

• Wet Land (Nanjai): This category includes irrigated agricultural land that has an assured water source, making it valuable for farming.
• Dry Land (Punjai): These are rain-fed agricultural lands that depend on monsoon rains, usually valued less than wet lands.
• Garden Land: This classification pertains to orchards and plantation crops, contributing to its market value.
• Commercial: Land designated for business activities, generally having higher guideline values due to demand.
• Residential: This includes land for housing and dwellings, which is crucial for homebuyers.
• Industrial: This category is allocated for manufacturing and industrial use, typically valued higher due to commercial potential.

Each of these classifications affects the guideline values significantly, with commercial and industrial lands generally commanding higher prices compared to agricultural lands.

Understanding Survey Numbers

The survey number system in Tamil Nadu is essential for property identification and verification. Here’s how it works:

• Assignment of Survey Numbers: Each plot of land is assigned a unique survey number, allowing for clear identification.
• Main Survey vs Subdivisions: Main surveys are indicated by whole numbers, while subdivisions are denoted as 1/1, 1/2, etc., signifying portions of a main survey.
• Reading Your Patta: To find your survey number, refer to your patta or sale deed, where the survey number is typically listed.
• Verifying Survey Boundaries: For verification of survey boundaries, one can consult the Field Measurement Book (FMB) maintained by local authorities.

How to Find Your Guideline Value

Finding the guideline value for your property in Ward Ak 5 is straightforward. 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 for your land classification.
4. Use the per square foot value for necessary calculations.
5. If applicable, consider 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 documents.
• What is the difference between wet land and dry land values? Wet lands are usually valued higher than dry lands due to assured irrigation, making them more productive.
• Can I register below guideline value? No, properties must be registered at or above the guideline value as per Tamil Nadu regulations.
• How often are village guideline values updated? Guideline values are typically reviewed and updated periodically, with the latest changes effective from July 2024.

Disclaimer

The guideline values mentioned here are sourced from TNReginet and are effective from July 2024. For official transactions and accurate information, it is advisable to verify details with the Salem East Joint I Sub Registrar Office.