Purpose :
To estimate the current value of a property by feeding relevant information such as city, location, type of house, area etc..
Description :
Property Valuation generally uses a combination of property usage, valuation rule formulated by state government authority, development zones, construction type, depreciation if any, road connectivity etc.
The results of each are weighted, analyzed and then reported as a final estimate of value based on a requested data
Property valuation depends upon
Rate Chart prepared by the Department considering
- Location wise major usage factors
- Government regulations and activities
- Economic activities and trends
- Future benefits
- Age of the property & construction type
Valuation factors for real property, such as
- Area of construction
- Area of land
- Parking area
- Number of cashew-nut trees
- Area of non-cultivated land
What is required
- Valid Citizen user credential
- Property location details
- Valuation Zone Details if any
- Property Usage
Prerequisite
- Open NGDRS site
- Register to a site as a citizen to get access for NGDRS site
- Login to the NGDRS by citizen credential
Steps for to estimate property valuation
a) Property Location
- Select Financial year. Default is Current Financial Year. Citizen can select previous financial year so that valuation for particular year is also possible.
- Select District
- Taluka and Corporation/Municipal councils will be available for selected districts.
- Select Taluka or Corporation/Municipal councils.
- Select City/ Village from the list.
- Select location
- Select location within City/ Village
- View Survey Number: will show the survey numbers for particular location.
- View survey number for the confirmation or reference
b) Property Usage
For which property usage user want to find valuation select that correct property usage by following steps
Selection Process A
- Go to Main Usage and click on + icon for to open usages.
- Select particular usage then details will be available in left hand card.
- Select Detail usage
Selection Process B
- Enter/type usage in search box. List of Detail usages will be displayed in left hand panl
- Select particular usage then details will be available in left hand card.
- Select Detail usage.
- Select the property usage
By selecting property usage its dependencies are appear
- Select the construction type
- Select the age 0 to 2 Years
- Select Road Vicinity
- Add area in constructed property
- Select Shop Floor
- Add Mezzanine Floor Area
c) Calculate & Save
- Estimate the Property Valuation by simply click on Calculate & Save Button. View valuation Report appear on the screen
- After estimate property valuation user can also view valuation report by click on view button
- User can cancel property valuation by click on cancel button
- By click on exit button user go to welcome page