Virachilai - I Bit

About Virachilai - I Bit Village

Virachilai - I Bit is a quaint revenue village located under the Thirumayam Sub Registrar Office (SRO) in the Trichy district of Tamil Nadu. This village boasts a rich agricultural backdrop, supported by diverse land classifications and a total of 94 survey numbers. Each of these survey numbers has published guideline values that aid property buyers and investors in understanding the market better.

Land Classifications in Virachilai - I Bit

In Tamil Nadu, land is classified into various categories which significantly influence the guideline values. Virachilai - I Bit features the following land classifications:

• Wet Land (Nanjai): This category includes irrigated agricultural land with an assured water source, ensuring high agricultural yield.
• Dry Land (Punjai): This is primarily rain-fed agricultural land, which may have lower productivity compared to wet lands.
• Garden Land: Designated for orchards and plantation crops, this land often has a higher market value due to its potential for horticulture.
• Commercial: This land is earmarked for business activities, typically commanding higher guideline values due to its income-generating potential.
• Residential: Land suitable for housing and dwellings, the values of which can fluctuate based on location and amenities.
• Industrial: This is designated for manufacturing and industrial purposes and usually has specific infrastructure requirements.

The classification of land plays a crucial role in determining the guideline value, with commercial and residential lands often fetching higher prices compared to agricultural classifications.

Understanding Survey Numbers

The survey number system in Tamil Nadu is essential for identifying land parcels. Here's how it works:

• Assignment: Survey numbers are assigned based on the land's location and ownership history.
• Main Survey vs Subdivisions: Each main survey number can have subdivisions (e.g., 1/1, 1/2), which indicate specific portions of the land.
• Reading Your Patta: To find your survey number, check the land patta or sale deed, where it is prominently mentioned.
• Verification: For verifying survey boundaries, you can refer to the Field Measurement Book (FMB), which provides detailed maps and boundaries.

How to Find Your Guideline Value

Finding the guideline value for a property in Virachilai - I Bit involves a few straightforward steps:

1. Identify your survey number from the patta or sale deed.
2. Determine the correct land classification that corresponds to your property.
3. Locate the guideline value in the provided table above, which lists values according to land classifications.
4. Use the per square foot value for relevant calculations.
5. If applicable, consider subdivision factors that may affect the overall guideline value.

Frequently Asked Questions

• How to find my survey number? You can find your survey number on your land patta or sale deed.
• What is the difference between wet land and dry land values? Wet lands generally have higher values due to assured irrigation, while dry lands are more dependent on 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 typically updated every few years; however, it’s advisable to check for the latest updates.

Disclaimer

The guideline values provided are sourced from TNReginet and are effective from July 2024. For official transactions and the most accurate information, please verify with the Thirumayam Sub Registrar Office.