DC Ganderbal chairs District Valuation Committee meeting

Ganderbal, Dec 4: The Deputy Commissioner (DC) Ganderbal, Shyambir convened a meeting of the District Valuation Committee (DVC) at Mini Secretariat, here to deliberate on the preparation for the revision of market value guidelines and rates for the upcoming calendar year 2025.
The meeting encompassed a comprehensive review of proposals presented by all committee members, including Tehsildars, focusing on the revision of annual stamp duty rates and the market value of land, buildings, and other immovable property within the district.
Committee members briefed the DC on the thorough analysis of rates, providing insights into the area/village-wise percentage changes for incorporation in the year 2025.
The DC took a detailed overview of the methodology adopted, field exercises conducted, and the parameters considered in formulating the proposed rates in the district.
During the meeting, the DC held a brief deliberation on the proposals submitted by the committee members.
They emphasized that the revised rates are meticulously established in accordance with the criteria for rate fixation.
This meeting signifies a crucial step in ensuring transparent and well-informed decision-making regarding property valuation and stamp duty rates in district Ganderbal for the upcoming year.
The meeting was attended by Executive Officer Municipal Council Ganderbal, Tehsildars, and other concerned officials.