Korattoor

About Korattoor Village

Korattoor is a quaint revenue village located under the Peravoorani Sub Registrar Office (SRO) in Tanjore district, Tamil Nadu. This village is characterized by its diverse land classifications, which play a crucial role in determining property values. With a total of 60 survey numbers, Korattoor offers a range of land types, each with published guideline values that assist buyers and investors in making informed decisions.

Land Classifications in Korattoor

The land in Korattoor is categorized into six different classifications, each affecting the guideline value uniquely:

• Wet Land (Nanjai): This is irrigated agricultural land with an assured water source, typically yielding higher values due to consistent productivity.
• Dry Land (Punjai): Rain-fed agricultural land which may have lower values compared to wet land, due to dependence on seasonal rainfall.
• Garden Land: This includes orchards and plantation crops, often valued for their potential for agricultural yields.
• Commercial: Land designated for business activities, generally having higher values due to demand for commercial developments.
• Residential: Land allocated for housing and dwellings, which is essential for families and individuals seeking homes.
• Industrial: This type is earmarked for manufacturing and industrial use, which can significantly influence local economies and job creation.

Each category's designation impacts not only the usability of the land but also its market value, making it important for buyers to understand these classifications.

Understanding Survey Numbers

In Tamil Nadu, survey numbers are vital for land identification and verification:

• Assignment of Survey Numbers: Each piece of land is assigned a unique survey number, which is crucial for property transactions.
• Main Survey vs. Subdivisions: Main survey numbers can have subdivisions (e.g., 1/1, 1/2), which specify portions of the land.
• Reading Your Patta: To find your survey number, check your patta or sale deed, where it is usually recorded.
• Verifying Survey Boundaries: For boundary verification, landowners can refer to the Field Measurement Book (FMB).

How to Find Your Guideline Value

Follow these steps to determine the guideline value for your property:

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 guideline value in the published table.
4. Use the per square foot value for your calculations to estimate total value.
5. If applicable, consider any subdivision factors that may influence the overall 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 typically commands a higher value due to assured irrigation, while dry land values are influenced by rainfall.
• Can I register below guideline value? No, registration must be 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 next scheduled update in July 2024.

Disclaimer

The guideline values presented are sourced from TNReginet and are effective from July 2024. For official transactions, it is recommended to verify all details with the Peravoorani Sub Registrar Office to ensure accuracy and compliance.