Fixation of fair value of land:1 (1) Every Revenue Divisional Officer shall, subject to such rules as may be made by the Government in this behalf, fix the fair value of the lands situate within the area of his jurisdiction, for the purpose of determining the duty chargeable at the time of registration of instruments involving lands.

(2) The Revenue Divisional Officer shall, in fixing the fair value of a land under subsection (1); have regard inter alia to the following matters, namely:

(a) development of the area in which the land is situate such as the commercial importance, facilities for water supply, electricity, transport and communication:

(b) proximity of the land to markets, bus stations, railway stations, factories, educational institutions or other institutions;

(c) the geographical lie of the land, the nature of the land such as dry, waste, wet or garden land, fertility, nature of crop, yielding capacity and cost of cultivation; and

(d) such other matters as may be provided in the rules made under this Act.

(3) the fair value of land fixed under subsection

(1) shall be published in such manner as may be provided in the rules made under this Act.

(4) any person aggrieved by the fixation of fair value under subsection

(1) may, within thirty days of its publication under section

(3) appeal to the collector”;] 2

---------------------------------------------------------------------------------------------Footnote :

1.         28A section was inserted by Act 14 of 1988 and was deleted by Act 16 of 1991. The following is the section 28A. Fixation of minimum value of land:(1) The Collector shall subject to such rules as may be prescribed by Government, fix the minimum value of lands situate within the area of his jurisdiction, for the purpose of determining the duty chargeable at the time of registration of instruments involving lands.

(2) The Collector shall in fixing the minimum value of land under subsection (1), have regard ‘inter alia’ to the following matters, namely:(a) development of area such as the commercial importance, facilities for water supply, electricity, transport and communication;

(b) proximity to markets, bus stations, railway stations, factories, educational institutions or other institutions;

(c) the geographical lie of the land, the nature of land such as dry, waste, wet or garden land, fertility, nature of crop, yielding capacity and cost of cultivation; and

(d) such other matters as may be prescribed by the rules

(3) The minimum value of land, fixed under subsection

(1) shall be published in such manner as may be prescribed by rules made under this Act.

(4) No appeal or revision shall lie against the decision of the Collector under subsection

(1).[This said section came into force from 921988 and deleted with effect from 1111991 S. 28A Omitted by Act 16 of 1991 in K.G. Ext. No. 506 dated 1141991]

2.        The Present 28A Section inserted by Finance Act, 1994 (Act 19 of 1994) with effect from 141994.