(a) " Act " means the Indian Stamp Act, 1899 (Act No. 2 of 1899);
(b) " Committee " means a committee constituted under these Rules;
(c) " Format " means appended to these Rules;
(d) " Market value Guidelines " means the set of values of immovable properties in different villages, Municipalities, Corporations and other local areas in the State, arrived at by the respective Committees, from time to time in terms of these Rules and incorporated in the registers prescribed.
(e) " Registering Officer " means the Registering Officer appointed under the Indian Registration Act, 1908 (Central Act XVI of 1908).
4. (1) Central Valuation Advisory Committee:
Chairman: - Commissioner and Inspector General of Registration and Stamps.
Members: - (1) Secretary to Commissioner of land Revenue;
(2) Commissioner and director of Agriculture;
(3) Commissioner and Director of Horticulture;
(4) Chief Engineer (Roads and Building);
(5) Commissioner and Director of Municipal Administration;
(6) Director of Town Planning.
Convenor: - (i) [Joint Inspector General of Registration and Stamps]
O/o. the Commissioner and Inspector General of Registration and Stamps.
(a) to evolve guidelines for fixation of market values in respect of different categories of land like agricultural land, Urban Land, Industrial Area, Mining, Plantation, commercial, non¬agricultural land etc.
(b) to collect information in connection with achieving the above objective.
(c) to undertake tours within the State as may be required for evolving the Guidelines.
(1) Builders Forum, Hyderabad (Regd. No. 8628).
(2) Andhra Pradesh Real Estates Developers Association (APREDA) Hyderabad (Regd. No. 224/95).
(3) Institution of Valuers (Local Chapter) Hyderabad-28 (Regd. No. 21/1860).
(4) Federation of Andhra Pradesh Chambers of Commerce & Industry, Hyderabad (Regd. No. 1030/1964-65).
(5) Bar Council Andhra Pradesh High Court, Hyderabad.
The Authority Competent to prepare Market Value Guidelines:
(a) Urban Areas: i.e., areas falling within the jurisdiction of Municipality/ Municipal Corporations, Urban Development Authorities, Municipalities and Notified areas including the Gram Panchayat falling within their master plan areas and urban agglomeration areas:
[5. Periodicity of revision and date of Implementation:
[TABLE]
[TABLE]
S.No.
Category of Area
Periodicity of Revision
Date of Implementation
1.
Urban areas covered by Rule 4(2)(a).
Every year
1st August
2.
Secunderabad Cantonment Area Covered by Rule 4(2)(b).
Every year
1st August
3.
Rural area covered by Rule 4(2)(c)
Once in alternative year
1st August
4.
Building Apartments and structures covered by Rule 4(2)(d).
Every year
1st August
Section 3 • Andhra Pradesh Revision of Market Value Guidelines Rules, 1998
3. Definitions:
andhra-pradesh-revision-of-market-value-guidelines-rules-1998-sec-3.json
•
Section 3
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"number": "3",
"title": "3. Definitions:",
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"content": "(a) \" Act \" means the Indian Stamp Act, 1899 (Act No. 2 of 1899);\n(b) \" Committee \" means a committee constituted under these Rules;\n(c) \" Format \" means appended to these Rules;\n(d) \" Market value Guidelines \" means the set of values of immovable properties in different villages, Municipalities, Corporations and other local areas in the State, arrived at by the respective Committees, from time to time in terms of these Rules and incorporated in the registers prescribed.\n(e) \" Registering Officer \" means the Registering Officer appointed under the Indian Registration Act, 1908 (Central Act XVI of 1908).\n4. (1) Central Valuation Advisory Committee:\nChairman: - Commissioner and Inspector General of Registration and Stamps.\nMembers: - (1) Secretary to Commissioner of land Revenue;\n(2) Commissioner and director of Agriculture;\n(3) Commissioner and Director of Horticulture;\n(4) Chief Engineer (Roads and Building);\n(5) Commissioner and Director of Municipal Administration;\n(6) Director of Town Planning.\nConvenor: - (i) [Joint Inspector General of Registration and Stamps]\nO/o. the Commissioner and Inspector General of Registration and Stamps.\n(a) to evolve guidelines for fixation of market values in respect of different categories of land like agricultural land, Urban Land, Industrial Area, Mining, Plantation, commercial, non¬agricultural land etc.\n(b) to collect information in connection with achieving the above objective.\n(c) to undertake tours within the State as may be required for evolving the Guidelines.\n(1) Builders Forum, Hyderabad (Regd. No. 8628).\n(2) Andhra Pradesh Real Estates Developers Association (APREDA) Hyderabad (Regd. No. 224/95).\n(3) Institution of Valuers (Local Chapter) Hyderabad-28 (Regd. No. 21/1860).\n(4) Federation of Andhra Pradesh Chambers of Commerce & Industry, Hyderabad (Regd. No. 1030/1964-65).\n(5) Bar Council Andhra Pradesh High Court, Hyderabad.\nThe Authority Competent to prepare Market Value Guidelines:\n(a) Urban Areas: i.e., areas falling within the jurisdiction of Municipality/ Municipal Corporations, Urban Development Authorities, Municipalities and Notified areas including the Gram Panchayat falling within their master plan areas and urban agglomeration areas:\n[5. Periodicity of revision and date of Implementation:\n[TABLE]\n[TABLE]\nS.No.\nCategory of Area\nPeriodicity of Revision\nDate of Implementation\n1.\nUrban areas covered by Rule 4(2)(a).\nEvery year\n1st August\n2.\nSecunderabad Cantonment Area Covered by Rule 4(2)(b).\nEvery year\n1st August\n3.\nRural area covered by Rule 4(2)(c)\nOnce in alternative year\n1st August\n4.\nBuilding Apartments and structures covered by Rule 4(2)(d).\nEvery year\n1st August",
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