Wind Farm Valuation
In Sundargarh, the process of Wind Farm Lease Valuation for agricultural land requires a clear demarcation between the value of the underlying soil and the premium paid for the wind resource access. Our assessment for Sundargarh begins by verifying the Record of Rights (RoR) to confirm ownership and title clarity, which is essential for any lease agreement with a power developer. While no specific wind assessment is on file, we evaluate the land based on its current agricultural productivity with local crops, its topography, and accessibility. A critical procedural factor involves determining the lease rental by considering the potential interference with existing farming activities. We calculate a fair annual lease value that compensates the landowner for both the surface use and any restriction on future crop cultivation, ensuring the lease terms reflect a balanced commercial return for the landowner. Report by RV Yashkumar Jasani — Government Approved Registered Valuer.
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