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Guideline Value

Corporate

Guideline Value for Turn Bulls 1st Cross Street

₹10900/sq.ft.

The guideline value for Turn Bulls 1st Cross Street in Mylapore Part 2 village (Chennai Central Joint I SRO, Chennai zone) is Rs 10900 per sq.ft, effective 1 July 2024. It was Rs 10000 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class I Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Mylapore Part 2

Village

Chennai Central Joint I

SRO

Residential Class I Type - I
History
Period Guideline Value
From 1-7-2024 ₹10900 /sq.ft.
From 1-4-2023 ₹10000 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.182 Bharati Salai(pycrafts Road) Royapettah, Chennai-600014
044-28613608
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Turn Bulls 1st Cross Street

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Turn Bulls 1st Cross Street guideline value

The current guideline value of Turn Bulls 1st Cross Street is Rs 10,900 per sq.ft, effective from 1 July 2024. This street is located in Mylapore Part 2 village under the Chennai Central Joint I SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Turn Bulls 1st Cross Street has changed

The guideline value for Turn Bulls 1st Cross Street has undergone several revisions over the years. The register does not have figures for the years 2002, 2003, 2007, 2012, and 2017. In the 2023 revision, the guideline value was Rs 10,000 per sq.ft, which increased to Rs 10,900 per sq.ft in the 2024 revision, reflecting a change of +9%.

Prior to the 2023 revision, there were no recorded figures for the street in the earlier years. The current 2024 figure of Rs 10,900 per sq.ft is a significant increase compared to the previous year's value.

Guideline values in Mylapore Part 2

In Mylapore Part 2, there are 332 streets under the Chennai Central Joint I SRO with 2024 guideline values ranging from Rs 4,400 to Rs 25,300 per sq.ft. The median guideline value for these streets is Rs 8,800 per sq.ft, placing Turn Bulls 1st Cross Street's 2024 figure above that median.

Stamp duty and registration fee for property in Turn Bulls 1st Cross Street

For a 1,000 sq.ft plot at the current guideline value of Rs 10,900 per sq.ft, the total guideline value would be Rs 1,09,00,000. The stamp duty at 7% would amount to Rs 7,63,000, and the registration fee at 2% would be Rs 2,18,000, totaling Rs 9,81,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Turn Bulls 1st Cross Street?

The Sub Registrar Office that covers Turn Bulls 1st Cross Street is the Chennai Central Joint I Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Mylapore Part 2

The guideline value is a crucial factor in the registration process when buying or selling property in Mylapore Part 2. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is considered alongside the sale price. The higher of the two values is used to calculate the applicable duties and fees, ensuring that the transaction is accurately reflected in the records.

Frequently asked questions

What is the current guideline value of Turn Bulls 1st Cross Street?

The current guideline value of Turn Bulls 1st Cross Street is Rs 10,900 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed from 2023 to 2024?

The guideline value increased from Rs 10,000 per sq.ft in 2023 to Rs 10,900 per sq.ft in 2024, reflecting a change of +9%.

What are the guideline values for other streets in Mylapore Part 2?

Other streets in Mylapore Part 2 include Turn Bulls 1st Street, Turn Bulls 2nd Street, Turn Bulls 3rd Street, Turn Bulls Road, TTK Road (Mowbaries Road), and Turn Bulls Road 2 & 4th Cross Street, with values ranging from Rs 10,900 to Rs 17,600 per sq.ft in 2024.

Where can I find the Sub Registrar Office for Turn Bulls 1st Cross Street?

The Sub Registrar Office for Turn Bulls 1st Cross Street is located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.

How is the stamp duty calculated for properties in Mylapore Part 2?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. The current rate is 7% for stamp duty and 2% for the registration fee.