How to Get Land Valuation Certificate?

Hey, I learned about the importance of a land valuation certificate when we were planning to buy a property. This certificate is a legal document that certifies that an entry in the Land Value Register is correct. This certificate assists in identifying the current market worth of land/property and can be used as collateral for taking education loans from banks. Now, let me tell you how to get land valuation certificate:

• You should visit the tahsildar office in the area where the land is situated and fill the application form. You will have to submit some land details, like your survey number, Land Revenue Receipt, Land Deed etc. to verify your land record register.

• The concerned authorities will approve the application after reviewing the application and documents. You may need to submit the application fees also. An acknowledgment receipt will be issued afterward.

• It takes around 15 days for the certificate to process from the moment the application is submitted.

• Aadhaar Card

• voter’s ID

• Land Tax Details

• Encumbrance certificate

• Proof of property ownership

You can easily obtain a land valuation certificate online from the official website of the respective State authority and government. This certificate includes every relevant land detail such as its size, shape, value, etc. The process varies from one state to state. For instance, in West Bengal, no fees are needed to apply for the property/land valuation certificate.

I hope now you know how to get land valuation certificate online as well as offline.

A land value certificate is a crucial record that establishes the worth of real estate in a certain location. Additionally, to be eligible for a bank loan, the valuation certificate must be submitted. It is advised that every three to five years, landowners verify and acquire a land valuation certificate.

How to Get Property Valuation Certificate in India?

In Kerela, you can obtain the land valuation certificate via the

. Let me guide you through the steps;

• Visit the homepage and register yourself

• After registering, use your username and password to log into the e-district website and access certificate services.

• By selecting the "one-time registration" option, you can register once. The candidate must fill out all the fields and select the "duplicate" option. After that, click on the submit button.  Once the registration process is complete, choose "apply for certificate" and select "get started."

• Input the register number of the e-District. From the drop-down menu, choose the certificate type (value certificate) and certificate purpose.

• Click "Save" after entering the name and choosing "self" from the relationship drop-down menu.

• All necessary documentation must be uploaded by the applicant in PDF format.

• The applicant can proceed with payment once all of the documents have been uploaded. Verify the entered information, then click "Pay."

• Pay the cost of the value certificate.

• Upon the fee is successfully paid, the applicant will be redirected to the acknowledgement page. The valuation application and receipt can now be printed by the applicant.

• The applicant can use the portal's "transaction history" to view the status of their application. 

• The applicant will receive SMS updates on the status of the valuation certificate application at the registered mobile number.

• Once you get the SMS on your phone saying "certificate approved or issued," go back into the e-District portal and print the digitally signed valuation certificate.

I hope this helps you understand the process of obtaining the land value certificate in Kerala.

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Hey pal,

The value of land keeps on appreciating and depreciating according to market trends. I keep an eye on the real estate market as I wish to purchase a property of my own. A friend of mine told me to ask for a copy of the asset valuation certificate from the seller amongst other land documents. 

Now, you must have a very basic question in mind. ‘What is the valuation certificate for property'?

In simple words, it is a legally binding document that certifies that an entry in the Land Values Register is accurate. It is a certificate that identifies the current market value/ worth of the land. Banks ask for land valuation certificates when applying for a loan, especially any loan related to property. The certificate helps them understand the value of the property and disburse the loan amount accordingly. 

The certificate is also used for tax purposes i.e. when filing property tax or calculating long-term Capital Gains.

There are a few documents required for property valuation. You will need your Aadhaar Card, voter’s ID, Proof of property ownership, Encumbrance certificate, Land Tax Details etc. You might need to submit multiple copies of your identity proof.

• You will need to visit the tahsildar office in the area where the land is located 

• You will need to submit, the concerned authority with their land details. 

• Some of the information asked is survey number, Land Deed, Land Revenue Receipt etc.

• Fill out the application form with complete details. 

• Once your application is submitted.

• The authorities will verify the documents. 

• You will need to pay an application fee or charge. The authority will let you know the total charge for the application process. 

• You will be given an acknowledgement receipt once the authorities have processed your application.

• The acknowledgement receipt can be manual or electronic. 

• The land valuation certificate will be given to you when it's ready. 

• Usually, it takes 15 days for the process to be completed.

If you wish to add any information about the asset valuation certificate, do so below!

We often verbally determine the value of a house without even knowing the facilities, the interior condition, how old it is and more. But it is not the right procedure. Once in our locality, there was a 30 years old house which looked to be in good condition from outside but since we knew everything about it, we knew that it is actually not as good as it looks. The plaster of the interior house had started coming out and the floor was also damaged in several places. To do away with such things, it is important to get the property valuation certificate be it for selling or purchasing a property. It helps an individual to determine the fair market value of a property. 

A Valuation certificate is a document provided to an individual by the government stating and testifying that the property or asset held by the individual is of such value. The land valuation property valuation certificate is also used for various legal and official purposes hence it is better to get it and be secure in future. 

• Go to the official website of Registration and Stamp Department or click on

  https://igrmaharashtra.gov.in/frmHome.aspx

• Select the link eASR visible on the Homepage

• Select the district, taluka, location and more

• Enter the survey number

• You will be asked to provide the survey number

• Select the Survey No option

• After providing all the details correctly, you can see and get it easily then.

It is very important to know on what basis the valuation of a property is done. It is estimated by finding out the growth and demand in real estate and availability of properties in that area. You must already know that not all 2 bhk located at different places are of some value. The demand-supply estimate helps to give a fair idea of the value of property. The surveyors look upon a number of factors and then only determine the valuation of a property.

I hope all of your queries regarding property valuation certificate and its importance is clear now.

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