(1) Considering the objections and representation received from the persons to whom the notice is given under sub-rule (a) (i) (ii) of Rule I and :
(i) after cxamining the records produccd; and
(i) after carefully considering all factors and evidences adduced.
The Collector shall pass an order in writing determining the market value of the properties and dutics payable on the instrument, communicate the order to the parties and take steps to collect the difference in the duties payable. The basis on which the market value was arrived at shall be clearly indicated in the order.
(2) A copy of the order shall be communicated to registering officer for his record.
(3) The Collector shall, after collecting the difference in amouat of Stam p Duty, if any, give a certificate in form V by endorsement of the instrument. .
(4) The Collector shall, as far as possible, have also regard to the following points in arriving at the final market valuc in addition to the factors enumerated under rule-3. i ‘
(a) Inthe case of lund.
(i) Points, if any, mentioned by the parties to the instruments or any other persons, or which come to light through records and cvidence in course of enquiry which requires special consideration;
(i) Value of adjacent land or land in the vicinity ;
(iii) Average yield of the land, the nature and number of crops ncarness to road or market, distance from village, site, level of land, transport facilities, irrigation facilities and succeptibility to flood water logging and drought;
(iv) The use of land domestic, commercial, Industrial, Agricultural purposes and the likely appreciation of value when an agricultural land is being converted to a residential commercial industrial use.
(b) In case of house sites : —
(i) The general value of house -sites in the focality;
(i) Nearness to roads, railway station;
(iil) Nearncss to market, shops and the like; g
(iv) The use of lund, domestic, commerical, Industrial, Agricultural purposes and likely appreciation of value when a agricultural land is converted to a resident, commercial industrial use;
(v) Development activitics, industrial improvements in vicinity; - WENFAE 5 e snanso AR B G Scanned with CamScanner Appendices to Registration Rules
(vi) Land and valuation of [115 sites wil .
local authorities cones es with reference (o taxation records of the - roed;
(vii) Any other feat S sitc;and - atures having
(viii) Any special fcaturc of the
(c) In the case of buildings : ~ SR RELosion Iythe piitins.
83) ?Illlclh; po!l;&ls. enun;eralcd in clausc (a) above;
¢ possibility of conversi ildi residential to commercial or i?n‘t‘lus‘:ll.'in‘r:::g}“ b o e
(iii) Property tax/municipal tax/water ( i f recent enhancement made in any ofat;/::? Al s o tond, and
(iv) Rate of déprcciation;
(v) Anyother special feature of the casc which has comc to light in course of investigation.
(d) Propertics other than land, house sites and buildings : -
(i) The nature and conditions of the praperty;
(ii) Purpose for which the property is being put to use; and
(iii) Any other special features having a bearing on the valuation of the property.