Draft guideline on property market values put up for public objections in Erode
Erode district has released a draft guideline for property market values in revenue villages to rectify existing discrepancies. The public can inspect this draft at various government offices and submit objections or suggestions within 15 days to the Valuation Sub-Committee.
Why it matters
This initiative aims to ensure fair and accurate property valuations, directly impacting property owners, buyers, and local government revenue, and provides a public participation mechanism for transparency in administrative processes.
A draft guideline for market values of properties in revenue villages across the district has been prepared to rectify discrepancies in the existing guideline and has been put up for public inspection.
A release from Collector S. Kandasamy said the draft was prepared in accordance with Rule 4(2) of the Tamil Nadu Stamp (Constitution of Valuation Committee for Estimation, Publication and Revision of Market Value Guideline of Properties) Rules, 2010, and the guidelines issued by the Inspector General of Registration, Chennai, in proceedings dated July 18, 2026.
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