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

Guideline Value

Corporate

Guideline Value for POOMBUKAR NAGAR (VETTUVANKENI)

₹2200/sq.ft.

The guideline value for Poombukar Nagar (vettuvankeni) in Enjambakkam village (Neelankarai SRO, Chennai zone) is Rs 2200 per sq.ft, effective 1 July 2024. It was Rs 2000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class Iii Type - I. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Enjambakkam

Village

Neelankarai

SRO

Residential Class III Type - I
History
Period Guideline Value
From 1-7-2024 ₹2200 /sq.ft.
From 1-4-2023 ₹2000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1340 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹500 /sq.ft.
From 1-4-2003 To 31-7-2007 ₹152 /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 Poombukar Nagar (vettuvankeni)

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

Poombukar Nagar (Vettuvankeni) guideline value

The current guideline value of Poombukar Nagar (Vettuvankeni) is Rs 2,200 per sq.ft, effective from 1 July 2024. This area is located in Enjambakkam village under the Neelankarai SRO, classified as Residential Class III Type - I.

How the guideline value of Poombukar Nagar (Vettuvankeni) has changed

Over the years, the guideline value for Poombukar Nagar (Vettuvankeni) has seen significant changes. In 2003, the guideline value was Rs 152 per sq.ft, which increased to Rs 500 per sq.ft in 2007. Following a substantial rise, the value jumped to Rs 2,000 per sq.ft in 2012, but then it decreased to Rs 1,340 per sq.ft by 2017. The 2023 revision set the value at Rs 2,000 per sq.ft, which was then increased by 10% to Rs 2,200 per sq.ft in the 2024 revision.

From 2017 to 2023, the guideline value increased by 49%. The period from 2012 to 2017 saw a decrease of 33%, while the jump from 2007 to 2012 was a remarkable 300%. The increase from 2003 to 2007 was 229%. Overall, the guideline value has risen by 1347% from 2003 to 2024. The register has no figure for this street for the year 2002.

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, with the median being Rs 2,200 per sq.ft. Poombukar Nagar (Vettuvankeni) has a 2024 figure that is equal to this median.

Stamp duty and registration fee for property in Poombukar Nagar (Vettuvankeni)

For a 1,000 sq.ft plot at the current guideline value of Rs 2,200 per sq.ft, the total guideline value would be Rs 22,00,000. The stamp duty at 7% would amount to Rs 1,54,000, and the registration fee at 2% would be Rs 44,000. Together, the total fees would be Rs 1,98,000. It is important to note that the duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Poombukar Nagar (Vettuvankeni)?

The Sub Registrar Office that covers Poombukar Nagar (Vettuvankeni) is 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

When buying or selling property in Enjambakkam, the guideline value is a crucial factor in determining the stamp duty and registration fees. This value is set by the government and reflects the minimum price at which properties in that area are registered.

It is essential for buyers and sellers to be aware of the current guideline value, as it affects the overall cost of the transaction. The guideline value helps ensure transparency in property transactions and is used to calculate the applicable duties and fees during registration.

Frequently asked questions

What is the current guideline value of Poombukar Nagar (Vettuvankeni)?

The current guideline value of Poombukar Nagar (Vettuvankeni) is Rs 2,200 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 152 per sq.ft in 2003 to Rs 2,200 per sq.ft in 2024, reflecting an overall increase of 1347% over this period.

What is the land classification of Poombukar Nagar (Vettuvankeni)?

Poombukar Nagar (Vettuvankeni) is classified as Residential Class III Type - I.

Where can I find the Sub Registrar Office for Poombukar Nagar (Vettuvankeni)?

The Neelankarai Sub Registrar Office covers Poombukar Nagar (Vettuvankeni) and 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 in Poombukar Nagar (Vettuvankeni)?

Stamp duty is calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current guideline value, the total stamp duty would be Rs 1,54,000.