Residential land valuation
My sister is going through Divorce. The case is being handled in UK as both sister and her husband are settled in the UK. My sister had one plot in Gujarat which was originally bought by my mother in year 2008 but registered in my sister's name. At the same time other next land was bought by my mother and registered in my name. The stamp papers were made according to circle rates (Jantri) and the land was valued at Rs 4,44,000 in 2008. Last year in 2016 my sister sold/transferred that land to my mother due to financial difficulty and divorce process. In 2016 the stamp papers were made at the price of Rs 4,90,000. The husband has objected that the property was matrimonial and he should be considered equal beneficiary in the land. He claims that to hide the land value, wife has transferred to her mother at very less value than market rates. He thinks market rate is Rs 50,00,000. The court in UK listens to both parties and asked to provide valuation of the land from the person who has been mutually agreed. Now both parties are never going to agree with the person selected by other party to value the land. My sister's husband family members are goons and can do anything to get that person to value the land at higher price. I want to keep the valuation as low as possible.
1> How do I get official valuation of the land? Who can give this?
2> From database we can see circle rates but it is for particular area. How do I obtain exact rates or value for particular land?
3> What other proofs I can gather to see the match the sister's land deal price of 2016 of Rs 4,90,000 such as other nearby land deals etc?
4> How do I get records of recent land transactions registered in Registrar office? I think it is called INDEX. How do I look for last 2-3 years deals in our area??
5> Would any land valuer write on his letterhead that the land valuation is Rs 50,00,000? This may be black market (black money) rates but officially can this letter be produced by my sister's husband and accepted as legal valuation?
6> Any suggestions from you to make my case strong that the land value was acceptable because it was counted according to circle rates?
7> on separate issue, can my sister's husband apply to seal the bank safety locker in India which is in joint name of my sister and me?
Thanks
Asked 7 years ago in Property Law
Religion: Hindu
