Section 6 in The M.P. Preparation and Revision of Market Value Guideline Rules, 2000
6. Procedure to prepare Market Value Guideline.
- While working out the values of immovable property, the committees shall take into account the established principles of valuations mentioned in Rule 5 of the Indian Stamp Act (Madhya Pradesh Prevention of Under-valuation of Instruments) Rules, 1975 and any other factors which may deem necessary.
