Value of property

manoj (Querist) 08 November 2011 This query is : Resolved
Hi,

I want to know how to court to property value 1. jantri value
2. fair markt value

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prabhakar singh (Expert) 08 November 2011
Which ever is greater between the two,stamp duty would be payable on the same.

Sankaranarayanan (Expert) 08 November 2011
yes which ever is greater that amount is taking as for the value.

Guest (Expert) 08 November 2011
which ever is higher that is the value for asserting

Sailesh Kumar Shah (Expert) 08 November 2011
jantri value means?

prabhakar singh (Expert) 08 November 2011
JANTRI VALUE THEY SAY TO RATE FIXED BY COLLECTOR.

Sailesh Kumar Shah (Expert) 08 November 2011
thanks you sir.

Now, i agree with all.

manoj (Querist) 08 November 2011
Thanks replay

Who is decide Fair Market Value?

prabhakar singh (Expert) 08 November 2011
FAIR MARKET VALUE IS A PRICE ON WHICH THE BUYERS ARE READY TO BUY AND SELLERS ARE READY TO SALE.

Sailesh Kumar Shah (Expert) 08 November 2011
Fair market value can be determine by latest sale purchase in surrounding areas.

Sri Vijayan.A (Expert) 11 November 2011
Market value is fixed by the parties.
Buyer and seller by mutual agreement.

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