Guideline Value for Nadutheru

Nadutheru guideline value

The current guideline value of Nadutheru, located in Anumanthaputhari village, is Rs 3,025 per sq.ft, as per the 2024 revision effective from 1 July 2024. This area falls under the Chengleput Joint I SRO and is classified as Residential Special Type - I.

How the guideline value of Nadutheru has changed

The guideline value for Nadutheru has seen significant changes over the years. In the 2007 revision, the value was Rs 400 per sq.ft. This figure increased dramatically to Rs 2,750 per sq.ft in the 2012 revision, marking a rise of 588%. However, the value dropped to Rs 1,842 per sq.ft in 2017, a decrease of 33%. Following this, the value rose again to Rs 2,750 per sq.ft in 2023, and then to the current Rs 3,025 per sq.ft in 2024, reflecting a 10% increase from the previous year. The register has no figure for the years 2002 and 2003.

From 2017 to 2023, the guideline value increased by 49%. Overall, from 2007 to 2024, the guideline value has increased by 656%, showcasing the fluctuations in property values over the years.

Guideline values in Anumanthaputhari

Anumanthaputhari village has eleven streets under the Chengleput Joint I SRO that carry a guideline value for 2024, ranging from Rs 1,650 to Rs 3,025 per sq.ft. The median value for these streets is Rs 3,025 per sq.ft, which is the same as the guideline value for Nadutheru.

• Old Gst Road 1: Rs 3,025 per sq.ft (2024)
• Old Gst Road 2: Rs 3,025 per sq.ft (2024)
• Chengai Royal City: Rs 3,025 per sq.ft (2024)
• T.V.Tower Road: Rs 1,655 per sq.ft (2024)
• Anumanthaputheri Pillaiyar Koil St: Rs 3,025 per sq.ft (2024)
• Varadaraj Nagar: Rs 3,025 per sq.ft (2024)

Stamp duty and registration fee for property in Nadutheru

For a 1,000 sq.ft plot at the current guideline value of Rs 3,025 per sq.ft, the total guideline value amounts to Rs 30,25,000. The stamp duty at 7% would be Rs 2,11,750, and the registration fee at 2% would be Rs 60,500, bringing the total cost for these fees to Rs 2,72,250. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Nadutheru?

The Sub Registrar Office that covers Nadutheru is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002, in the Chengalpattu registration zone. You can find your SRO for more information.

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

The guideline value is a critical factor in the registration process when buying or selling property in Anumanthaputhari. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the guideline value is used to calculate the fees, ensuring that the transaction is recorded accurately. Buyers should be aware that the fee structure is based on the guideline value or the sale price, whichever is higher.

Frequently asked questions

What is the current guideline value of Nadutheru?

The current guideline value of Nadutheru is Rs 3,025 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly, increasing from Rs 400 per sq.ft in 2007 to Rs 3,025 per sq.ft in 2024, reflecting an overall increase of 656% over the years.

What is the land classification for Nadutheru?

Nadutheru is classified as Residential Special Type - I, indicating its designation for residential use.

What are the other streets in Anumanthaputhari with guideline values?

In addition to Nadutheru, other streets in Anumanthaputhari include Old Gst Road 1, Old Gst Road 2, Chengai Royal City, T.V.Tower Road, Anumanthaputheri Pillaiyar Koil St, and Varadaraj Nagar, with values ranging from Rs 1,655 to Rs 3,025 per sq.ft.

Where can I find the Sub Registrar Office for Nadutheru?

The Sub Registrar Office for Nadutheru is the Chengleput Joint I Sub Registrar Office, located at 10, Kancheepuram Main Road, Chengalpattu 603 002.