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Property recordsKeralaFair Value

Fair Value in Kerala

The government-notified minimum value per unit area for a locality, used to compute stamp duty and registration fees. Known variously as guideline value, circle rate, ready reckoner rate, fair value or market value.

Kerala publishes fair value per are by land classification for each survey number in a village. The same survey number carries different fair values by classification, so the classification drives the duty.

Issued through Kerala Registration (IGR) · Kerala e-Rekha (survey records).

What it proves

  • The floor on which stamp duty and registration fees will be assessed for that location
  • The government's own view of relative value across localities, revised periodically

What it does not prove

  • Market price. The notified value is a tax floor and can sit well below or occasionally above what the property actually trades for
  • Anything about title, and nothing about whether the land is buildable

How to obtain it

  • 1Look up the zone, street or survey number on the state registration department valuation portal
  • 2Confirm the rate applicable on the intended registration date — revisions take effect on notified dates

Where people get caught

  • Registering below the notified value does not save duty; the registering authority assesses on the notified value regardless of the recited consideration, and an under-recited consideration creates its own income-tax exposure for both sides
  • Rates differ between agricultural and converted or residential classification for the same survey number, so the classification decides the rate

One record is never the answer

Every record on this page answers one narrow question. A title position needs the registered deed chain, the revenue record, the prohibited-property register, the litigation search and the municipal record read against each other, because the defects that cost buyers money live in the disagreements between them. LegiScore runs those searches across 14 states, a lawyer reviews the output, and the property is graded from AAA to C.

Get a title report for this property

The same record in other states

  • Tamil Nadu
  • Uttar Pradesh
  • West Bengal

On this page

  • What it proves
  • What it does not prove
  • How to obtain it
  • Where people get caught

Other records in Kerala

  • Encumbrance Certificate
  • Thandaper / Record of Rights
  • K-RERA Project Registration
Rate a property in Kerala
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