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Changing the cadastral value

In March of this year, experts of GC Surveyor International Group completed a report on the market value for the revaluation of the cadastral value. The revaluation object was a plot of land with an area of 1.9 hectares, located in the Novgorod Region.

The commission on disputes regarding the results of determining the cadastral value in the Novgorod Region has decided to change the cadastral value of the plot of land in accordance with the market price as defined in the report by experts of GC Surveyor International Group.

The cadastral value was reduced by more than 90%.