Explore LandLens: verify, value, build-check, track & transact smarter

Guideline Value

Corporate

Guideline Value for GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET

₹1700/sq.ft.

The guideline value for Government Fisherman Housing 5th Cross Street in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 1700 per sq.ft, effective 1 July 2024. It was Rs 1500 per sq.ft from 1 April 2023, a 13% change. The land classification is Residential Class Iv Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class IV Type - I
History
Period Guideline Value
From 1-7-2024 ₹1700 /sq.ft.
From 1-4-2023 ₹1500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1005 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹218 /sq.ft.
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41
044-24490134
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[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 Government Fisherman Housing 5th Cross Street

Need Complete Property Verification?

Get ownership details, EC records, FMB, zone checks, geo-insights & AI analysis - all in one place

Ownership Details
EC Records
FMB Sketch
Zone Checks
Geo-Insights
AI Analysis
Try VerifyMyLand Now ✨ Get comprehensive property verification in minutes

GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET guideline value

The current guideline value for GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024. This street is located in Enjambakkam village, under the Neelankarai SRO, and is classified as Residential Class IV Type - I.

How the guideline value of GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET has changed

The guideline value for GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET has seen several revisions over the years. In 2003, the value was Rs 218 per sq.ft, which increased to Rs 500 per sq.ft in 2007, marking a significant rise of 129%. By 2012, the value was revised to Rs 1,500 per sq.ft, reflecting a remarkable increase of 200%. However, this figure dropped to Rs 1,005 per sq.ft in 2017, a decrease of 33%. The guideline value then rose to Rs 1,500 per sq.ft in 2023, followed by the current rate of Rs 1,700 per sq.ft in 2024, which is a 13% increase from the previous year.

Overall, from 2003 to 2024, the guideline value has increased by 680%. It is important to note that the register has no figure for this street in 2002.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO, with guideline values ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median guideline value in this area is Rs 2,200 per sq.ft, placing GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET below that median.

Stamp duty and registration fee for property in GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value would be Rs 17,00,000. The stamp duty at 7% would amount to Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, making the total cost for these fees Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET?

The GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET falls under the jurisdiction of the Neelankarai Sub Registrar Office, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone. You can find your SRO for more details.

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

The guideline value is a crucial factor when registering property transactions in Enjambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered, ensuring that the state receives appropriate revenue from stamp duty and registration fees.

When buying or selling property, the transaction must reflect a value that meets or exceeds the guideline value. This ensures that all parties involved are aware of the official valuation and associated costs, thereby facilitating a transparent property transaction process.

Frequently asked questions

What is the current guideline value for GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET?

The current guideline value for GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET is Rs 1,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 218 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, reflecting an overall increase of 680% over this period.

Which Sub Registrar Office covers this area?

The Neelankarai Sub Registrar Office covers GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

What is the stamp duty rate for property transactions?

The stamp duty rate for property transactions in this area is 7%, calculated on the higher of the guideline value or the sale price.

What is the median guideline value in Enjambakkam?

The median guideline value in Enjambakkam is Rs 2,200 per sq.ft, which means that GOVERNMENT FISHERMAN HOUSING 5th CROSS STREET's current value is below this median.