Guideline Value

Corporate

Guideline Value for GOVERNMENT FISHERMAN HOUSING ROAD

₹1700/sq.ft.

The guideline value for Government Fisherman Housing Road 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 Road

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Government Fisherman Housing Road guideline value

The current guideline value of Government Fisherman Housing Road is Rs 1,700 per sq.ft, effective from 1 July 2024. This road is located in Enjambakkam village, under the Neelankarai SRO, and falls under the Residential Class IV Type - I land classification.

How the guideline value of Government Fisherman Housing Road has changed

The guideline value for Government Fisherman Housing Road has seen several revisions over the years. In 2003, the value was Rs 218 per sq.ft, which increased significantly to Rs 500 per sq.ft by 2007. The value then experienced a substantial rise to Rs 1,500 per sq.ft in 2012, followed by a decrease to Rs 1,005 per sq.ft in 2017. The 2023 revision marked a return to Rs 1,500 per sq.ft, and the latest revision in 2024 set the value at Rs 1,700 per sq.ft.

Notably, the changes between revisions have been quite pronounced. From 2003 to 2007, the value increased by 129%, followed by a remarkable 200% increase from 2007 to 2012. However, there was a decline of 33% from 2012 to 2017. The value then surged by 49% from 2017 to 2023, and finally, there was a 13% increase from 2023 to 2024. Overall, from 2003 to 2024, the guideline value has increased by 680%.

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 for these streets is Rs 2,200 per sq.ft, making the guideline value of Government Fisherman Housing Road below this median.

Stamp duty and registration fee for property in Government Fisherman Housing Road

For a 1,000 sq.ft plot at the current guideline value of Rs 1,700 per sq.ft, the total guideline value amounts to Rs 17,00,000. The stamp duty at 7% would be Rs 1,19,000, while the registration fee at 2% would be Rs 34,000, leading to a total of 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 our stamp duty and registration fee calculator for more precise calculations.

Which Sub Registrar Office covers Government Fisherman Housing Road?

The Government Fisherman Housing Road is covered by 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 information.

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

The guideline value is a crucial factor during the registration of property transactions in Enjambakkam. It serves as a benchmark for calculating the stamp duty and registration fees that buyers and sellers must pay when transferring property ownership.

When a property is sold, the guideline value ensures that the transaction is recorded at a fair value, which helps in maintaining transparency and accountability in the real estate market. It is essential for both buyers and sellers to be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Government Fisherman Housing Road?

The current guideline value of Government Fisherman Housing Road 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 increased from Rs 218 per sq.ft in 2003 to Rs 1,700 per sq.ft in 2024, showing a significant overall increase of 680% over this period.

What is the land classification for Government Fisherman Housing Road?

Government Fisherman Housing Road falls under the Residential Class IV Type - I land classification.

Where can I find the Neelankarai Sub Registrar Office?

The Neelankarai Sub Registrar Office is located at 2/71, Gajura Garden, 2nd St, East Coast Road, Neelangarai, Ch-41, Chennai registration zone.

How is the stamp duty calculated for properties on Government Fisherman Housing Road?

The stamp duty is calculated at 7% of the guideline value or the sale price, whichever is higher, along with a registration fee of 2% of the guideline value.