P.K.Haridasan (Advocate) 29 December 2009
The value of Landed property is paid upon undrstanding between the buyers and sellers. The value for court fee etc are determined based upon the income derived from it. All of the properties are not income generating but its commercial value is huge. Is there a uniform way of determining land value in India.? Can my friends help me in this regard.?
krantiveer (Advocate) 29 December 2009
Are you talking about India, as far as Maharashtra is concerned, we have the ready referencer made by the government which discloses the value for stamp duty. Though the consideration which is higher is considered for stamp duty purpose. The other way is to take a search of registrations of sale and purchase made in the neighbouring survey nos. Which will give you the exact value.
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