Ramesh (-) 06 December 2010
In TamilNadu, I would like to know what will be the court fee for filing a suit for declaration/incjution for an immovable property. I have read somewhere on Tamil Nadu court fee act that it is 50% of the market value of the property, as on date of filing. If so, what is the difference between this 'Market Value' and the 'Guideline Value' shown in the Sub-registrar's office? Does it have anything to the value mentioned in the sale deeds? Look forward to the views of honorable members.
niranjan (civil practice) 06 December 2010
You may adhere to value mentioned in the sale deed and pay court fee accordingly.
Y ARAVIND (ADVOCATE) 06 December 2010
Each State is having its own court Fee and Suit Valuation Act. Ascertain from the Tamilnadu State Act.
Ramesh (-) 07 December 2010
I request lawyers from TamilNadu to throw some light on my question please.
Sri Vijayan.A (Legal Consultant) 29 August 2014
It is 7.5% of the half of market value.
It means 3.75% of market value.
Almost guide line value and market value are same.
You have to calculate the value prevailing in the market and compare with the GLV.
Whatever is maximum that has to be declared as the value of the suit property.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
