Maharashtra Property Valuation

Maharashtra Property Valuation

Maharashtra Property Valuation

Property valuation certificate is a legal document which certifies the details of the entry in the Register of Land Values. Property valuation helps to determine the fair market value of a property at the time of property sale or purchase. The value of the property estimated varies from state to state. In this article, we have a look at the procedure for obtaining Maharashtra property valuation certificate in detail.

Importance of Property Valuation Certificate

Property valuation certificate is obtained for the following purpose.

  • Property valuation certificate includes the property information like property size of the land and building, Property value, details on the construction.
  • Property valuation Certificate is also used as collateral for the educational loan from the Bank.
  • Property Valuation certificate is required for purposes of income and wealth tax for submitting annual returns in the Income Tax department.

Know about Gujarat Land Value Certificate

Documents Required

The prescribed documents are to be furnished along with the application form.

  • Aadhaar Card
  • Proof of Land Tax
  • Copy of Encumbrance certificate
  • Proof of ownership of property
  • Voters ID

Applicable Fee

The applicant does not need to remit an application fee for applying for a property valuation certificate in Maharashtra.

Online Application Procedure for Property Valuation

Procedures to be followed for obtaining property valuation certificate is specified below:

Visit Official Portal

Step 1: Please visit the official portal of Registration and stamp department.

Select e-ASR(rate)

Step 2: Select the link eASR(Rate) from the list of option which is visible on the homepage of the portal.

Maharashtra Property Valuation -Image 1
Maharashtra Property Valuation -Image 1

Select the District

Step 3: The map will be displayed on the screen. Select the district to view the rate.

Maharashtra Property Valuation -Image 2
Maharashtra Property Valuation -Image 2

View Respective District

Step 4: After the selection of the district following screen will be displayed.

Taluka Selection

Step 5: The current year is displayed at left corner. Select the district which is shown in the drop-down list and now select Taluka from the list. After selecting taluka, select the village.

Maharashtra Property Valuation -Image 3
Maharashtra Property Valuation -Image 3

Search by Location

Step 6: On village selection, location wise rates are displayed in the grid. Rates are displayed along with the unit.

Maharashtra Property Valuation -Image 4
Maharashtra Property Valuation -Image 4

Step 7: Upon clicking link called “Survey No” from the grid the survey numbers in corresponding location/zone are displayed as follows.

List of Survey Numbers

Step 8: Then the list of survey numbers will be displayed on the current screen.

Maharashtra Property Valuation -Image 5
Maharashtra Property Valuation -Image 5

Search by survey number

Step 9: To avail Search by survey number select the radio button “Survey No” against the “Search By” label.

Maharashtra Property Valuation -Image 6
Maharashtra Property Valuation -Image 6

Step 10: Enter the survey number and click “Search” button.

The rate of Particular Survey Number

Step 11: The rate for that particular survey number will be displayed for Urban Area.

Maharashtra Property Valuation -Image 7
Maharashtra Property Valuation -Image 7

Influence Area

Step 12: Select taluka then village from the dropdown and then select the location from the drop-down.

Location Selection

Step 13: Now, select the location from the drop-down list.

Maharashtra Property Valuation -Image 8
Maharashtra Property Valuation -Image 8

Location wise rates

Step 14: Then the location wise rates will be displayed. The rates for all sub-locations in the selected location are displayed in the grid. To view a list of survey numbers in each sub-location select the link “Survey No”.

Maharashtra Property Valuation -Image 9
Maharashtra Property Valuation -Image 9

List of Survey Numbers

Step 15: To search if the particular survey number exists in the list, enter the survey number and click on the “Search” button.

Maharashtra Property Valuation -Image 9
Maharashtra Property Valuation -Image 9

Search Survey Number in list

Step 16: Enter the survey number in the textbox and then click on the “Search” button.

Maharashtra Property Valuation -Image 10
Maharashtra Property Valuation -Image 10

Display Survey Number

Step 17: The message will be displayed if the survey number is available or not.

Survey Number

Step 18: Select the radio button “Survey No” against ‘Search By’.

Search by survey number

Step 19: For Influence Area enter survey number and click “Search” button and the rate will be displayed in the grid.

Maharashtra Property Valuation -Image 11
Maharashtra Property Valuation -Image 11

Step 20: For Rural Area select taluka then select village from the dropdown list.

Vibhag rates

Step 21: The Vibhag Number in which that village comes will be displayed automatically, and rates are also displayed in the table according to different types and range of assessment.

Maharashtra Property Valuation -Image 9
Maharashtra Property Valuation -Image 9

Know more about Property Valuation in India

Post by Karthiga

IndiaFilings is India's largest online compliance services platform dedicated to helping people start and grow their business, at an affordable cost. We were started in 2014 with the mission of making it easier for Entrepreneurs to start their business. We have since helped start and operate tens of thousands of businesses by offering a range of business services. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.