Guideline Value for THULUKKANA THOTTAM 2ND STREET

Thulukkana Thottam 2nd Street guideline value

The current guideline value of Thulukkana Thottam 2nd Street is Rs 3,300 per sq.ft, effective from 1 July 2024. This street is located in Mylapore village and falls under the Mylapore SRO. The land classification for this area is Residential Class V Type - III.

How the guideline value of Thulukkana Thottam 2nd Street has changed

The guideline value for Thulukkana Thottam 2nd Street has undergone several revisions over the years. The earliest recorded revision was in 2007, where the guideline value was Rs 900 per sq.ft. This value saw a significant increase to Rs 3,000 per sq.ft in the 2012 revision, marking a change of +233%. The most recent revision in 2024 set the guideline value at Rs 3,300 per sq.ft, reflecting a +10% increase from the 2012 figure.

It is important to note that there are no recorded figures for this street in the revisions of 2023, 2017, 2003, and 2002. Overall, from 2007 to 2024, the guideline value has increased by +267%.

Guideline values in Mylapore

In Mylapore, there are 883 streets under the Mylapore SRO with a 2024 guideline value ranging from Rs 3,300 to Rs 25,800 per sq.ft. The median guideline value in this area is Rs 8,800 per sq.ft, placing Thulukkana Thottam 2nd Street's 2024 figure below this median.

• Thulukkana Thottam 1st Street: Rs 3,300 per sq.ft (2024)
• Thulukkana Thottam 3rd Street: Rs 3,300 per sq.ft (2024)
• Thulukkana Thottam: Rs 3,300 per sq.ft (2024)
• Thondaikan Makkan 3rd Lane: Rs 3,300 per sq.ft (2024)
• Thondaikan Makkan 2nd Lane: Rs 3,300 per sq.ft (2024)
• Thondaikan Makkan 1st Lane: Rs 3,300 per sq.ft (2024)

Stamp duty and registration fee for property in Thulukkana Thottam 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 3,300 per sq.ft, the total guideline value would be Rs 33,00,000. The stamp duty at 7% would amount to Rs 2,31,000, and the registration fee at 2% would be Rs 66,000, bringing the total to Rs 2,97,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thulukkana Thottam 2nd Street?

The Sub Registrar Office that covers Thulukkana Thottam 2nd Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai - 600018. You can find your SRO for more information.

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

The guideline value is a crucial factor in the registration process when buying or selling property in Mylapore. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is registered, the authorities will assess the guideline value to ensure that the appropriate taxes are applied. This ensures compliance with local regulations and helps maintain transparency in property transactions.

Frequently asked questions

What is the current guideline value for Thulukkana Thottam 2nd Street?

The current guideline value for Thulukkana Thottam 2nd Street is Rs 3,300 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

The guideline value has changed from Rs 900 per sq.ft in 2007 to Rs 3,300 per sq.ft in 2024, reflecting an overall increase of +267% over this period.

Are there any revisions without figures for this street?

Yes, the revisions for the years 2023, 2017, 2003, and 2002 have no recorded figures for Thulukkana Thottam 2nd Street.

What is the land classification for Thulukkana Thottam 2nd Street?

The land classification for Thulukkana Thottam 2nd Street is Residential Class V Type - III.

Where can I find the Sub Registrar Office for this street?

The Sub Registrar Office for Thulukkana Thottam 2nd Street is the Mylapore Sub Registrar Office, located at No:5/9, Kavingar Bharathidasan Salai, Seethamalcolony, Crescent Street, Alwarpet, Chennai - 600018.