What is Guideline Value of land ?

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# FAQ:What is Guideline Value of land ?
Guideline Value of a land is the value of the land as determined by the Government, based on its own metrics of facilities and infrastructure growth in that locality. The stamp duty and registration charges for registering a property deal, is based upon this Guideline Value. The Guideline Values are revised periodically to have them in sync with the Market Value.

(In the State of Tamilnadu,) Registering at a value higher than the Guideline Value will not automatically result in the new value being adopted as the Guideline Value. But such an action can trigger a review process to revise the Guideline Value. Similarly if the Guideline Value is much higher than the Market Value, the issue can be brought to the notice of the IG of Registrations for review and correction by a State level committee.

For Guideline Values in Tamilnadu, visit..
http://www.tnreginet.net/igregn/guideline_value.htm [tnreginet.net]

(If you know of other online portals for Guideline Values in other states, kindly add them in the comments section below)

Related questions :

What is Market Value ? [placetolive.in]

# arvindhingad   FAQ:What is Guideline Value of land ? Mon Jul 11, 2011 10:01 AM
I want collectors guideline for Itarsi (Madhya Pradesh)

# sbtdgl   FAQ:What is Guideline Value of land ? Thu Apr 26, 2012 07:02 AM
karur district
chinnadharapuram sub register office

# sbtdgl   FAQ:karur district Thu Apr 26, 2012 07:02 AM

# sbtdgl   FAQ:What is Guideline Value of land ? Thu Apr 26, 2012 07:04 AM
karur r.d, chinnadharapuram sub.r.d.

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