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Southern States - Tamil Nadu Printer Friendly Page   Send this Article to a Friend

Panel to rationalise guideline value norms

By Our Special Correspondent

Chennai April 10. The Revenue Administration department will henceforth be called the Department of Revenue Administration, Disaster Management and Mitigation, the Revenue and PWD Minister, O. Paneerselvam, informed the Assembly today.

With the Revenue department focussing on calamity relief as well, the Government decided to give it a new "all-encompassing" nomenclature.

In a project to improve communication facilities between the 12 coastal districts and the Revenue divisional offices, Collectorates and the Secretariat, the Government would instal very high frequency and high frequency sets at five districts in the first phase at a cost of Rs. 94.25 lakhs. With the drought hitting 28 distircts, the Government would implement a massive employment generation programme at a cost of Rs. 341.92 crores. Under this special Food for Work programme, the farmers would be paid in the form of foodgrains and cash. A total of Rs. 88.48 crores and rice worth Rs. 256.44 crores would be given to the beneficiaries, the Minister said.

Making new announcements for the Revenue and Registration departments, the Minister, in his reply to the debate on demand for grants for the two subjects, said a committee would look into the rationalisation of norms for fixing the guideline values. At present, guideline values were being revised by adopting a growth rate based on sales statistics and local enquiry.

However, some anomalies crept in and a department committee had been set up to rectify the anomalies in the existing norms, the Minister said. "It is considered that the existing norms should be reviewed and rationalised so as to make the fixation of land value more scientific and transparent."

The committee would be headed by the Inspector General of Registration department and comprise officials of the Revenue department and local bodies. The removal of anomalies would reduce the number of appeals, revision and references under Section 47 (A) of the Indian Stamp Act, he said.

The Government would also rationalise the norms for valuation of the buildings based on the Public Works Department schedule of rates with provision of depreciation of old buildings and due weightage for urban and hill areas. "Orders on the new norms will be issued this year."

As of now, there were wide variations in the rates despite the fact that the cost of construction did not vary from place to place. Also, the rate list contained more than 100 categories of buildings which made the task of assessment quite difficult.

The REGinet services through which issue of encumbrance certificates and property valuation statement of any property were being provided in sub-registrar offices in Chennai would be extended to the rest of the State.

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