• Wednesday, April 17, 2024

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How Do You Verify Market Value of Land in AP Using IGRS?

By: Admin Super

In order to compute stamp duty and registration fee, the Andhra Pradesh government is determining market price of land with the help of IGRS. The IGRS charges and gathers registration fees as per the prevailing market value of the land.

You can check the value of land both online and offline via IGRS AP portal and MeeSewa centre. Remember that these market values vary in accordance with the type of land, locality, and area.

Steps to Verify the Market Value of Land on IGRS AP

Being a prospective customer you can determine the market value of land by using a door number, also referred to as a ‘D’ number. Mentioned below are the steps to find market value of land directly on IGRS AP:

Step 1: Navigate to IGRS Andhra Pradesh official portal.

Step 2: On left side, locate ‘Market Value Assistance’ option on the homepage below ‘Ease of Doing Business’ section.

Step 3: Visit the section of tabs from which you have to select particular information regarding the district and village.

Step 4: For agricultural and non-agricultural rates select at least one among two radio buttons.

Step 5: The webpage will show current market price of land in particular village, district, and mandal.

Upon completing these steps, you will be able to figure out the market price of land directly.

Steps to Verify Land Rates as per Door Number on IGRS AP Online

A few districts in Andhra Pradesh possess door number-wise details by which users will be able to determine open market valuation of land. Keep in mind that this procedure is only applicable to non-agricultural land properties. Consider these steps to get a solution for checking door-number-wise land rates:

Step 1: Visit the official website of IGRS Andhra Pradesh.

Step 2: Navigate to the homepage and go to ‘IGRS AP Market Value’ page.

Step 3: Choose the respective district, village, and mandal from the page

Step 4: After this, click on ‘Get’ option to see the displayed results

Step 5: After checking out the information, click on ‘Submit’.

How to Verify the Land Market Value Revised in IGRS AP Offline?

Alternatively, you can also use the offline method in order to determine the information on market value from the IGRS AP Market Value page. To do so, you have to submit an application to the sub-registrar’s office (SRO) of the respective district. Subsequently, a computerised slip will be issued to you after you submit your application.

Which Factors Affect the Market Value of Land in Andhra Pradesh?

The factors which affect market value of land in Andhra Pradesh are as follows:

  • Land type (comprise residential, agricultural, non-agricultural, commercial, etc.)
  • Property type (include commercial, residential, complex, plots, gated community, etc.)
  • Stage of development the area is currently in

Why Does the Market Value in Andhra Pradesh Differ?

In general, guidance values are used across different attributes in a particular area.  It comprises agri-business land, a separate villa, a development project, a building in a housing complex, and so on. Basically, the guidance value refers to the bare minimum cost at which an asset will be registered within a specific area. This value is measured by the development phase of a property.

Properties within a well-organised neighbourhood will retain comparatively more guidance value than in a less developed locality. While the state government decides the market value of land in Andhra Pradesh as per various factors, sellers enjoy the complete freedom to choose the price at which they will sell their property.

Buyers have no right to ask their seller about selling the property on Guidance Value or property’s market value chosen by the government. The stamp duty papers, registration charges and property taxes on properties are all determined based on guidance value which also includes an amount of a state’s revenue. While applying for a housing loan, you can use this guidance value to decide your loan amount.

How Can You See the AP Plot Details?

Mentioned below are some easy steps by which you will be able to view your AP plot information:

Step 1: Visit the official website of Meebhoomi at www.meebhoomi.ap.gov.in.

Step 2: After entering the website, locate the menu bar and choose the particular village whose land details you are willing to see.

Step 3: After this, input details of the owner such as name, Aadhaar card, survey number, account details, and district name.

Step 4: Enter the CAPTCHA code

Upon completing all of these steps successfully, you can see the land records in Andhra Pradesh and take a glance at your plot information.

Documents Needed to See Market Value of Land in AP

Mentioned below are some essential documents required for knowing market value of land in AP:

  • Filled out application form
  • Deed of Title
  • The Pattadar Passbook containsdetails on Pattadar.
  • Encumbrance certificate from sub-registrar
  • Registration Certificate

Procedure Time and Application Fees

Following are the application fees and charges required for market valuation of land in Andhra Pradesh:

  • User Fee for the application is Rs. 35
  • Fee for getting the certificate via e-mail is Rs. 33
  • Applicants from outside India are Rs. 16

When it comes to processing time, the certificate is provided 30 days after submission of the application.

Having a crystal-clear concept about IGRS AP portal and its function will help you figure out and compare any district-specific land details easily. But do make sure that you check the land records thoroughly since their market value changes from time to time.

 

 

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