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Objective Interface - Official Website of Howrah District

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E-Governance at <strong>Howrah</strong><br />

MARKET VALUE DATABASE PREPARATION<br />

Project details<br />

Introduction<br />

Finance Department, Government <strong>of</strong> West Bengal has taken steps to introduce<br />

ICT tools to make its Registration Offices more efficient and prompt. The first step<br />

towards this is to computerize the Market Value Monitoring Register (MVMR)<br />

available at each Registration Office.<br />

<strong>Objective</strong><br />

CORD-MVDP s<strong>of</strong>tware has been developed to digitize the market value <strong>of</strong> land<br />

and apartments located anywhere in the State <strong>of</strong> West Bengal, thus preparing the<br />

Market Value Database from the MVMRs available at the Registration Offices.<br />

The Market Value Database thus prepared is required for implementation <strong>of</strong> the<br />

CORD s<strong>of</strong>tware.<br />

Outcome<br />

The strategy adopted is to computerize the assessed market value as per the<br />

MVMR over a period <strong>of</strong> five years from 1999 - 2003. This gives the market value<br />

<strong>of</strong> plots transacted during the five years. By applying yearly appreciation, market<br />

value <strong>of</strong> these transacted plots for the current year is worked out. Further, the list<br />

<strong>of</strong> plots that are not available in the MVMR, i.e. the list <strong>of</strong> missing plots is<br />

generated by the computer. The market value <strong>of</strong> these missing plots are<br />

determined manually by applying local knowledge <strong>of</strong> the plots and then<br />

computerized. Thus, the market value data <strong>of</strong> plots that are transacted at least<br />

once during the five years from 1999 - 2003 and not transacted at all during<br />

these five years provides complete computerized market value <strong>of</strong> all the plots for<br />

land and also for apartments under the jurisdiction <strong>of</strong> each Registration Office.<br />

Functionality<br />

The functionalities covered by CORD-MVDP s<strong>of</strong>tware are :<br />

<br />

Preparation <strong>of</strong> Master Tables - Codification <strong>of</strong> <strong>District</strong>s,<br />

Registration Offices, Police Stations, Blocks, Municipalities, Mouzas,<br />

Roads and connection <strong>of</strong> those codes with a particular Registration Office<br />

<br />

MVMR data entry for Rural and Urban areas<br />

<br />

Conversion <strong>of</strong> MVMR records to Base Market Value Table<br />

<br />

Preparation <strong>of</strong> Missing Plots<br />

<br />

Market value entry <strong>of</strong> the Missing Plots and conversion to<br />

the Base Table<br />

<br />

Market value entry <strong>of</strong> Apartment / Flat for Rural and<br />

Urban areas.<br />

<br />

Generation <strong>of</strong> various reports<br />

<br />

Preparation <strong>of</strong> Market Value Database<br />

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