Korakottai

About Korakottai Village

Korakottai is a quaint revenue village nestled under the Thellar Sub Registrar Office (SRO) in the Tiruvannamalai district of Tamil Nadu. This village is part of the Vellore zone and boasts a diverse landscape with 12 different land classifications and a total of 871 survey numbers. The village's guideline values are published to assist potential buyers in understanding the market dynamics and making informed decisions.

Land Classifications in Korakottai

Tamil Nadu has distinct land categories that significantly influence property values in Korakottai. These classifications are as follows:

• Wet Land (Nanjai): This type of land is irrigated and has a reliable water source, making it highly valuable for agriculture.
• Dry Land (Punjai): This category includes rain-fed agricultural land, generally having lower value due to the dependency on monsoon rains.
• Garden Land: These lands are used for orchards and plantation crops, often fetching a good price.
• Commercial: Designated for business activities, commercial lands have higher guideline values due to their lucrative potential.
• Residential: This land is intended for housing and dwellings and attracts families looking for residential options.
• Industrial: Reserved for manufacturing and industrial use, this land type is essential for economic development.

Each land classification impacts the guideline value, with wet land typically commanding higher prices compared to dry land due to its agricultural viability.

Understanding Survey Numbers

The survey number system in Tamil Nadu villages plays a crucial role in land identification and ownership verification.

• Assignment of Survey Numbers: Each plot of land is assigned a unique survey number, allowing for easy tracking and management.
• Main Survey vs Subdivisions: Main survey numbers are often followed by subdivisions (e.g., 1/1, 1/2), indicating smaller portions of a larger plot.
• Reading Your Patta: To find your survey number, refer to your land patta or sale deed, which will list this crucial information.
• Verifying Survey Boundaries: To confirm survey boundaries, landowners can refer to the Field Measurement Books (FMB) maintained by local authorities.

How to Find Your Guideline Value

Finding the guideline value for your property in Korakottai can be straightforward if you 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 corresponding value in the guideline value table for your land classification.
4. Use the per square foot value for calculations to estimate your property value.
5. If applicable, consider any subdivision factors that may affect the 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 land typically has higher values due to its irrigation capabilities, while dry land relies on rainfall.
• Can I register below guideline value? No, property registration must be at or above the guideline value set by the government.
• How often are village guideline values updated? Village guideline values are reviewed and updated periodically, often every few years, to reflect market conditions.

Disclaimer

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