Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Odisha rolls out biennial framework to revise market value of properties

Post News Network
Updated: December 22nd, 2025, 09:34 IST
in Metro
0
Market value

Mini house on stack of coins, Real estate investment, Save money with stack coin, Business growth investment and financial, Mortgage concept.

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: In a move aimed at boosting land revenue and bringing uniformity to property valuation, the state government has rolled out a comprehensive framework for the fixation of market value of immovable properties, with a special focus on urban areas, roadside plots, land abutting national and state highways, project areas, and commercial zones.

The new Standard Operating Procedure (SOP), prepared by the Revenue and Disaster Management Department, mandates that the market value of immovable properties be revised once every two years. The revised values will come into effect from April 1 of the biennial year. Officials said the revised market value will serve as the base for the collection of stamp duty and registration fees, a major source of revenue for the state. The initiative is expected to eliminate delays in value revision and ensure that property valuations reflect prevailing ground realities, particularly in rapidly urbanising and infrastructure-intensive regions. To operationalise the revision process, the government has directed the constitution of valuation committees at both district and sub-district levels within a stipulated timeline.

Also Read

Odisha contributes significantly to India’s forest and ecological landscape: Singhkhuntia

Odisha orders special audit into Rs 12.35 crore forest vehicle purchase

22 minutes ago
Puri Shankaracharya to be consulted over conducting Rath Yatra inside Srimandir Gajapati Dibyasingha Deb

Puri Gajapati accuses ISKCON of spreading misinformation on Jagannath culture

59 minutes ago

The SOP places strong emphasis on the systematic collection and analysis of field-level data. Land registering officers and tehsildars have been instructed to submit detailed sale statistics and land-related information in prescribed formats, covering both urban and rural areas.

Also Read: Outfit alleges Bharatpur MCC flouts solid waste mgmt rules

Tehsildars have also been tasked with supervising revenue inspectors to ensure the accuracy and completeness of data collection. “They will guide revenue inspectors to ensure that all revenue plots of each village are included in the database without any omissions or duplication of plot numbers,” a revenue department officer said. The government expects the new framework to enhance transparency, improve valuation accuracy, and strengthen revenue mobilisation across the state.

 

Orissa POST – Odisha’s No.1 English Daily

 

Tags: market valueOdishaProperties
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019

Archives

Editorial

Diplomatic Failure

December 22, 2025

Bangladesh has once again been gripped by violent unrest fol lowing the death of youth leader Sharif Osman Hadi, deepen...

Read moreDetails

Rushed Laws

December 21, 2025

On December 17, Wayanad MP Priyanka Gandhi Vadra asked the Lok Sabha to send the Viksit Bharat - Guarantee For...

Read moreDetails

Strategic Recalibration

December 20, 2025

By Dilip Cherian When India quietly decided to send Rahul Rasgotra to Port Louis as National Security Advisor (NSA), it...

Read moreDetails

G Ram G

December 17, 2025

The BJP-led NDA government’s proposed change in the nomenclature of the Centre’s flagship social welfare scheme for the poor, the...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST