AP Market Value: How to Find IGRS Market Value in Andhra Pradesh?

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Introduction

Accurate property valuation is a cornerstone of the real estate market. In Andhra Pradesh, the AP market value plays a crucial role in determining the worth of land and buildings for transactions, loans, and government-related activities. Understanding how to find this value through the IGRS (Integrated Grievance Redressal System) can save time, reduce disputes, and ensure fairness.

Andhra Pradesh Property Valuation Guide

Table of Contents

IGRS stands for Integrated Grievance Redressal System, which is a government initiative in Andhra Pradesh to provide transparent and efficient services related to property registration and market value assessment. By visiting the official IGRS website or contacting the local sub-registrar office, individuals can easily access information on market value in Andhra Pradesh for various properties.

What is IGRS Andhra Pradesh?

The IGRS Andhra Pradesh platform is a government initiative to promote transparency in property valuation and registration processes. It serves as a one-stop portal for accessing market value information, encumbrance certificates, and stamp duty details. With user-friendly tools, the platform empowers citizens to verify property rates without intermediaries.

IGRS Andhra Pradesh allows users to track the status of their property registration applications online. This digital platform streamlines the entire property registration process. Making it more efficient and convenient for residents of Andhra Pradesh. Furthermore, IGRS Andhra Pradesh offers online payment options for stamp duty and registration fees. Reducing the need for physical visits to government offices. This not only saves time but also promotes a paperless and eco-friendly approach to property transactions.

What is the Market Value of AP?

The market value of AP (Andhra Pradesh) refers to the estimated monetary worth of land, residential properties, commercial spaces, and other real estate assets in the state. It is determined by the Stamps and Registration Department of Andhra Pradesh using various criteria such as property location, type, size, and prevailing real estate trends. This value is crucial for property transactions, calculating stamp duty, and legal documentation.

To find the specific market value of a property in Andhra Pradesh, you can use the Integrated Grievance Redressal System (IGRS) portal provided by the state government. This online platform allows users to search for market values by entering property details like district, mandal, and village. Here’s a quick overview of the process:

  • Visit the IGRS AP Portal
  • Navigation: Look for the “Market Value Search” option.
  • Enter Property Details: Provide information such as district, mandal, village, and property type.
  • View Market Value: The system will display the official market value for the specified property.

What Determines Market Value?

  • Location: Properties in urban areas or near infrastructure like highways, schools, and commercial hubs tend to have higher market values.
  • Demand and Supply: High demand in certain regions can drive up market values.
  • Property Type: Land, residential buildings, and commercial spaces are valued differently.
  • Government Revisions: The Andhra Pradesh government periodically updates market values to reflect changes in real estate trends.

How to Check AP Market Value 2024-25 Offline?

To check the AP Market Value for 2024-25 offline, you can follow these steps by visiting local government offices or using official resources. This process ensures you have access to the official property valuation information even without internet access.

Steps to Check AP Market Value Offline

  • Visit the Sub-Registrar Office
    • Locate the Nearest Sub-Registrar Office: Every district and mandal in Andhra Pradesh has a sub-registrar office responsible for property registrations and market value assessments.
    • Request a Market Value Statement: Submit details such as the property’s district, mandal, village, survey number, and type of property (land, residential, commercial).
    • Review Market Value Records: Sub-registrar offices maintain an updated record of market values based on government notifications for the fiscal year 2024-25.
  • Consult the Local Revenue Office
    • Approach the Revenue Inspector or Mandal Revenue Officer (MRO): These officials have access to land and property valuation data for their jurisdiction.
    • Submit Required Documents: Provide identification and proof of property ownership, such as a sale deed or property tax receipt, to request the valuation.
    • Obtain Market Value Details: The revenue office will issue a certified document with the property’s market value.

Documents Required

To check the AP market value offline, ensure you carry:

How to Check AP Market Value 2024-25 Online?

To check the AP Market Value for 2024–25 online, you can use the IGRS portal maintained by the Andhra Pradesh government. The platform simplifies the process of finding market values for properties, ensuring transparency and convenience.

To check the market value of land or property

market value of land or property
market value of land or property
  • Click the “Market Value Assistance” tab on the left-hand side of the menu
  • Select the property type, district, Mandal, and village from the drop-down menu
AP market value
  • Enter the details, and the results will appear on your device’s screen

Conclusion

Accessing the AP market value through the IGRS Andhra Pradesh portal ensures transparency, accuracy, and efficiency in property dealings. By leveraging this government-backed tool, buyers, sellers, and financial institutions can make informed decisions. Whether you’re new to the property market or an experienced investor, the IGRS system simplifies the valuation process, fostering confidence and fairness. For more information, visit openplot.

Also read
What Is the Sales Agreement Format and Process?
A contract of sale is the legal form you agree to start the property process when you buy a property or home. A Sales Agreement format usually includes details such as the parties involved. A description of the property or home being sold, the price and any terms and conditions. 

AP IGRS: Andhra Pradesh Stamps and Registration Deed Details for Land
Andhra Pradesh Stamps and Registration Department plays a crucial role in the state’s registration of land properties. It is responsible for maintaining accurate records of property transactions and ensuring transparency and legality in real estate dealings. The department also collects stamp duty on property transactions to generate revenue for the state government.

The Importance of Conveyance Deeds in Real Estate Transactions
In the world, protecting one’s rights is the most important thing. Similarly, when it comes to immovable property, a deed declaring a conveyance does the job. A conveyance deed is a legal document used to transfer the title of property from one person to another through gift, exchange, lease, or mortgage.

Frequently Asked Questions

Q. How often is the AP market value updated?

A. The market value is periodically revised by the Andhra Pradesh Revenue Department to reflect current trends.

Q. Can I access the market value for free?

A. Yes, basic property valuation searches on the IGRS portal are free of charge.

Q. What if my property’s market value isn’t listed correctly?

A. You can file a query with the local sub-registrar’s office or through the IGRS grievance system.

Q. Is there a mobile app for IGRS Andhra Pradesh?

A. Yes, the IGRS system is accessible via mobile-friendly platforms for added convenience.

Q. How is market value different from guideline value?

A. Market value represents the actual transaction worth, while guideline value is the government’s baseline estimate.

Q. Can NRIs use the IGRS portal?

A. Absolutely! NRIs with property interests in Andhra Pradesh can access the portal remotely.

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