Valuation is an art of process of estimating value, depending on the circumstances of the case and purpose for which valuation is needed, at the given time, place and market condition. The objective of this study is to identify the market value of Agriculture land and guidelines to follow the calculation for land which is situated in semi urban and rural area of Chhattisgarh, India. This study helps to property owners, farmers to know the actual condition of land and future scope of the land. The valuation of agricultural land helps to plan the future growth of the city, approach to the city and improve the present condition of land.