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

Guideline Value

Corporate

Guideline Value for GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET

₹1700/sq.ft.

The guideline value for Government Fisherman Housing 6th 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 6th 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 6th CROSS STREET guideline value

The current guideline value for GOVERNMENT FISHERMAN HOUSING 6th 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 6th CROSS STREET has changed

The guideline value has seen several revisions over the years. The earliest recorded figure is from 2003, which was Rs 218 per sq.ft. This increased to Rs 500 per sq.ft in 2007, marking a significant rise of 129%. By 2012, the value reached Rs 1,500 per sq.ft, reflecting a 200% increase from the previous figure. However, it then decreased to Rs 1,005 per sq.ft in 2017, a drop of 33%. The value rose again to Rs 1,500 per sq.ft in 2023, and most recently, it has increased to Rs 1,700 per sq.ft in 2024, which is a 13% increase from the previous year. The register has no figure for this street in 2002.

Overall, from 2003 to 2024, the guideline value has increased by 680%. The revisions indicate fluctuations in the guideline value, with significant increases and a few decreases along the way.

Guideline values in Enjambakkam

In Enjambakkam, there are 253 streets under the Neelankarai SRO that carry a 2024 guideline value, ranging from Rs 1,100 to Rs 7,200 per sq.ft. The median value in this area is Rs 2,200 per sq.ft, which means that the 2024 figure for GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET is below this median.

Stamp duty and registration fee for property in GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, and the registration fee at 2% would be Rs 34,000, totaling Rs 1,53,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET?

The GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET falls under 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 further assistance.

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

The guideline value is a crucial factor during property registration in Enjambakkam. It serves as a benchmark for determining the minimum value at which a property can be registered. Buyers and sellers must consider this value to ensure compliance with local regulations and to accurately calculate associated fees.

When a property is sold, the guideline value helps in assessing the stamp duty and registration fees that need to be paid. This ensures that both parties are aware of the financial implications of the transaction, based on the established guideline value.

Frequently asked questions

What is the current guideline value for GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET?

The current guideline value for GOVERNMENT FISHERMAN HOUSING 6th 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 from Rs 218 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, representing an overall increase of 680% over the years.

What is the classification of the land in GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET?

The land classification for GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET is Residential Class IV Type - I.

Which office manages the registration for this area?

The Neelankarai Sub Registrar Office manages the registration for GOVERNMENT FISHERMAN HOUSING 6th CROSS STREET, located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a property with a guideline value of Rs 17,00,000 would incur a stamp duty of Rs 1,19,000 at a rate of 7%.