Flood zone property valuation
Rucha Pawar
(Querist) 08 May 2018
This query is : Resolved
Dear Sir,
If the property is situated in the flood zone , and the same is acquired by the govt for public project, in that case can the valuation of the property be deducted by 50% .as it is in the flood zone if so then is there any Govt.directions or case laws for the same..
2. once the award is declared by the Collector in the land acquisition case , will it be revised in any situation..
Ms.Usha Kapoor
(Expert) 08 May 2018
Professional Property valuers are there. They will calculate the value of property.
P. Venu
(Expert) 09 May 2018
You have not posted the complete facts.