Guideline Value for NADUSTREET (WARD -9)

Nadustreet (Ward -9) guideline value

The current guideline value of Nadustreet (Ward -9) is Rs 551 per sq.ft, effective from 1 July 2024. This street is located in Kadampur village under the Chengleput Joint II SRO, classified as Residential Class I Type - I.

How the guideline value of Nadustreet (Ward -9) has changed

The guideline value for Nadustreet has undergone several revisions over the years. In 2012, the value was Rs 500 per sq.ft, which then decreased to Rs 335 per sq.ft in 2017. Following this, the value increased to Rs 500 per sq.ft in 2023, and finally, it rose to Rs 551 per sq.ft in the 2024 revision, marking a 10% increase from the previous year.

From 2012 to 2017, the value decreased by 33%, but from 2017 to 2023, it saw a significant increase of 49%. Overall, from 2012 to 2024, the guideline value has increased by 10%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Kadampur

In Kadampur, there are 44 streets under the Chengleput Joint II SRO that carry a 2024 guideline value. The values range from Rs 385 to Rs 2,200 per sq.ft, with the median value being Rs 551 per sq.ft. Nadustreet's 2024 figure is equal to this median.

• Murugan Nagar (Kod): Rs 551 per sq.ft (2024)
• Nehru Nagar (Ward -9): Rs 551 per sq.ft (2024)
• Padavattamman Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Palayathamman Koil Street (Ward -9): Rs 551 per sq.ft (2024)
• Main Road (Ward -9): Rs 551 per sq.ft (2024)
• Peraringar Anna Salai (Ward -9): Rs 2,200 per sq.ft (2024)

Stamp duty and registration fee for property in Nadustreet (Ward -9)

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 5,51,000. The stamp duty at 7% would be Rs 38,570, and the registration fee at 2% would be Rs 11,020, totaling Rs 49,590. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nadustreet (Ward -9)?

The Sub Registrar Office that covers Nadustreet (Ward -9) is the Chengleput Joint II Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, Chengalpattu registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kadampur

The guideline value is a critical factor in the registration process when buying or selling property in Kadampur. It serves as a benchmark for determining the stamp duty and registration fees, which are calculated based on the higher of the guideline value or the sale price.

Frequently asked questions

What is the current guideline value of Nadustreet (Ward -9)?

The current guideline value of Nadustreet (Ward -9) is Rs 551 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 500 per sq.ft in 2012 to Rs 335 per sq.ft in 2017, then to Rs 500 per sq.ft in 2023, and finally to Rs 551 per sq.ft in 2024.

What are the other streets in Kadampur with similar guideline values?

Other streets in Kadampur with a guideline value of Rs 551 per sq.ft in 2024 include Murugan Nagar (Kod), Nehru Nagar (Ward -9), Padavattamman Koil Street (Ward -9), Palayathamman Koil Street (Ward -9), and Main Road (Ward -9).

What are the stamp duty and registration fees for property in Nadustreet?

The stamp duty is 7% of the guideline value, and the registration fee is 2%. For a 1,000 sq.ft plot, the total cost would be Rs 49,590.

Where can I find the Sub Registrar Office for Nadustreet (Ward -9)?

The Sub Registrar Office for Nadustreet (Ward -9) is located at 10, Kancheepuram Main Road, Chengalpattu 603 002, under the Chengleput Joint II registration zone.