Podcast
Questions and Answers
What percentage of the road-facing value rate is considered for plots located more than 100 meters away from a road in a separate valuation zone?
What percentage of the road-facing value rate is considered for plots located more than 100 meters away from a road in a separate valuation zone?
- 50%
- 70% (correct)
- 100%
- 90%
What document is required to confirm that a plot is beyond 100 meters from the road?
What document is required to confirm that a plot is beyond 100 meters from the road?
- Development plan map/regional plan map (correct)
- Aadhar Card
- Property tax receipt
- Electricity bill
To which type of land/plots does this instruction apply?
To which type of land/plots does this instruction apply?
- Land near railway tracks
- Land with independent valuation zone for road (correct)
- Land in rural areas
- Land in all valuation zones
What additional document is required when providing concessions to plots in approved layouts facing roads with independent value divisions?
What additional document is required when providing concessions to plots in approved layouts facing roads with independent value divisions?
If a plot is more than 100 meters from the road, which rate is considered?
If a plot is more than 100 meters from the road, which rate is considered?
Does the guideline apply to general valuation zones?
Does the guideline apply to general valuation zones?
What factor determines whether the guideline applies to a specific plot of land?
What factor determines whether the guideline applies to a specific plot of land?
What is used to establish that a plot is not within the 100-meter range of the road?
What is used to establish that a plot is not within the 100-meter range of the road?
For plots exceeding 100 meters distance, what is compared to the road value to determine applicable rate?
For plots exceeding 100 meters distance, what is compared to the road value to determine applicable rate?
What main criterion determines if land/plot falls under this specific directive?
What main criterion determines if land/plot falls under this specific directive?
Flashcards
Land valuation for plots distant from roads
Land valuation for plots distant from roads
For plots far from roads (over 100m) in independent value zones, use 70% of the road's value rate or the rate of the internal value zone, whichever is higher.
Verification of plot distance
Verification of plot distance
Confirm the plot is beyond 100m by attaching a map from the development or regional plan.
Approved layout copy requirement
Approved layout copy requirement
Attach approved layout copies when a plot facing a road in an independent value zone benefits from a discount.
Applicability of guideline
Applicability of guideline
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Exclusion of general/rural zones
Exclusion of general/rural zones
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Study Notes
- Guidelines address land valuation for plots within civic and impact zones, specifically concerning interior plots far from roads with independent valuation departments.
- If a plot/large survey number/block number is located more than 100 meters from a road within an independent valuation zone, the land value should be 70% of the road-front rate.
- OR use the rate of the valuation zone where the land is located, whichever is higher.
- Confirmation that the plot is beyond 100m must be verified with development/regional plan maps and land survey maps, attached to the document.
- This discount applies to plots in approved layouts facing roads with independent value zones, requiring an approved layout copy to be attached.
- This instruction applies ONLY to lands/plots in independent valuation zones for roads.
- This instruction DOES NOT apply to general valuation zones or lands/plots in rural areas.
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