What is the meaning of Market Value and consideration in Encumbrance certificate (EC) represents?

What is the meaning of Market Value and consideration in Encumbrance certificate (EC) represents?

The Market value is the government value of the property, also know as guidance value or circle value

Market Value is the minimum amount for which a property can be registered in a particular locality and hence the property would not be registered for an amount lower than the Market Value. This guarantees a minimum stamp duty payable to government. Market value of property is fixed by the Department of Stamp & registration in your locality

Note: We can sell or buy a property less than market value but we cannot pay the stamp duty to government less than market value of property

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In the below EC, we encircled the market value of property in black color circle. We encircled the consideration in blue circle, (Consideration is the actual sale value of a property)


We provide assistance to extract FORM 15 EC for legal verification. To opt for our service, please write to us pgnproperties@gmail.com or Whatsapp to + 91 – 9 7 4 2 4 7 9 0 2 0.

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