How to know land value in AP?

Buying a property in India is a complicated affair and Andhra Pradesh is no exception. Many people face several issues during the property buying process and some people report these issues to the government. To help and guide the residents, Andhra Pradesh’s Registration & Stamps Department revises the market value for the agricultural and urban properties regularly. Let me tell you how to know land value in AP:

You can check the market value of land in Andhra Pradesh through the official Andhra Pradesh Registration and Stamps Department website:

• Click on the link given above and enter details like district, mandal, and village

• After that, the market value of land in Andhra Pradesh will appear on the page.

Please note: There will be no revision in the market value of land in Andhra Pradesh due to the second wave of COVID-19. This holds true for the market value of properties in Andhra Pradesh that would’ve been implemented from 01-08-2021. According to the notification issued by the government of Andhra Pradesh, the current existing Andhra Pradesh registration market value of properties will hold true till 31-03-2022.

This is how to know the land value in Andhra Pradesh.

Related Answers:

I hope you like my answer on how to know land value in AP.

Hi Buddy,

Recently, my father wanted to know his AP land value. I was curious about the same. This made me browse the internet for some information. It was during this time that I found Somnath’s answer.

I am very happy as he mentioned all the details about knowing the market value of land in AP. I assisted my father to follow all the steps that he mentioned in his answer. I would like to extend my gratitude to him.

I would also like to draw your attention to a few important factors.

The government of Andhra Pradesh has increased the stamp tax on land registration to 5%, the registration cost to 1%, and the transfer fee to 1.5 percent of the property value, effective August 11, 2020.

The government's decision has caused land values in the towns surrounding the proposed district headquarters to surge. For example, land prices in villages surrounding Bapatla have risen to INR 10-14K per square yard, up from INR 3-4K previously. Due to people attempting to register their land at present prices, the workload in land registration offices has doubled.

In April 2022, Andhra Pradesh implemented a specific revision of land market values from a minimum of 5% to a maximum of 75% in the newly established 13 district headquarters and surrounding suburban and rural areas.

Market values have been updated between 15% and 25% on average across all permissible locations, according to the registration and stamps department. Only in a few situations, in newly designated commercial zones, were maximum modifications of 75% of the market value made.

A change in the guideline value will affect the value of property directly and immediately. This is one of the most beneficial revenue streams for the state of Andhra Pradesh. This does not, however, imply that AP's market value will continue to climb permanently. A higher guidance value means the property's market value in AP will increase, while a lower guidance value means the property's market value will decrease. The guidance figures, on the other hand, are not chosen at random or just on the basis of market demand; they are the result of research and analysis of a variety of factors, including features such as an area's development.

Guidance Values can be applied to a variety of characteristics in a specific area. Agribusiness land, an apartment in a housing complex, a single-family home, a plotted construction project, and so on are all options.

The guiding values are determined by the property's development stage. A property in a well-established neighbourhood will have a higher Guidance Value than one in a less developed area or one that is still in the planning stages.

While the state government decides the market value of land in AP based on research and other variables, a seller has entire control over the price at which a property is sold.

A buyer cannot compel a seller to sell their property at the Guidance Worth, the government-determined market value of AP land or property.

Stamp paper duty, registration fees, and property taxes are all dependent on the guidance value, and they make up a significant portion of a state's revenue.

I conclude my answer here about AP land value. I hope this helps:)

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