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Guideline Value

Corporate

Guideline Value for Turnbulls Road 6th Cross Street

₹10900/sq.ft.

The guideline value for Turnbulls Road 6th Cross Street in Mylapore Part 1 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 1

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 Turnbulls Road 6th Cross Street

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Turnbulls Road 6th Cross Street guideline value

The current guideline value of Turnbulls Road 6th Cross Street is Rs 10,900 per sq.ft, effective from 1 July 2024. This street is located in Mylapore Part 1 village and falls under the Chennai Central Joint I SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Turnbulls Road 6th Cross Street has changed

The guideline value register has no figures for Turnbulls Road 6th Cross Street for the years 2002, 2003, 2007, 2012, and 2017. The 2023 revision set the guideline value at Rs 10,000 per sq.ft, which was then increased by 9% to Rs 10,900 per sq.ft in the 2024 revision.

This reflects a significant change in the guideline value from the previous year. The current value of Rs 10,900 per sq.ft is indicative of the increasing valuation trends within the locality.

Guideline values in Mylapore Part 1

In Mylapore Part 1, there are 333 streets under the Chennai Central Joint I SRO, with guideline values ranging from Rs 4,400 to Rs 25,300 per sq.ft. The median guideline value for this area is Rs 8,800 per sq.ft, making the 2024 figure for Turnbulls Road 6th Cross Street above the median.

Stamp duty and registration fee for property in Turnbulls Road 6th 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 amounts to Rs 1,09,00,000. The stamp duty at 7% would be Rs 7,63,000, and the registration fee at 2% would be Rs 2,18,000, bringing the total fees to Rs 9,81,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers Turnbulls Road 6th Cross Street?

The Sub Registrar Office that covers Turnbulls Road 6th Cross Street is the Chennai Central Joint I Sub Registrar Office, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Mylapore Part 1

The guideline value plays a crucial role in property transactions in Mylapore Part 1. It is used to determine the stamp duty and registration fees that buyers must pay when purchasing property in this area.

When registering a property, the guideline value is compared to the sale price, and the higher of the two values is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Turnbulls Road 6th Cross Street?

The current guideline value of Turnbulls Road 6th Cross Street is Rs 10,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Turnbulls Road 6th Cross Street was Rs 10,000 per sq.ft in 2023 and increased by 9% to Rs 10,900 per sq.ft in 2024. There are no figures available for the years 2002, 2003, 2007, 2012, and 2017.

What is the land classification for Turnbulls Road 6th Cross Street?

The land classification for Turnbulls Road 6th Cross Street is Residential Class I Type - I, indicating its suitability for residential development.

What are the stamp duty and registration fees for properties in this area?

The stamp duty is charged at 7% of the guideline value or sale price, whichever is higher, while the registration fee is 2%. For a 1,000 sq.ft plot, the total fees amount to Rs 9,81,000.

Which office handles registrations for Turnbulls Road 6th Cross Street?

The Chennai Central Joint I Sub Registrar Office handles registrations for Turnbulls Road 6th Cross Street, located at No.182 Bharati Salai (Pycrafts Road), Royapettah, Chennai-600014.