Third place in the NHB RESIDEX group belongs to Chennai, which is 3 of 9 on the list. Faridabad +24.4% leads and Kalyan-Dombivli -1.7% closes it. What the index measures is the valuation that lenders such as banks and housing finance companies place on homes. Figures here refer to April-June 2026.
Tamil Nadu is served by the Tamil Nadu Real Estate Regulatory Authority (TNRERA). The registration portal is tnreginet.gov.in, and land records sit with the Survey and Settlement Department. Greater Chennai Corporation is the municipal body. In Tamil Nadu, Payotte additionally covers Coimbatore.
Tamil Nadu had 7,00,354 houses sanctioned under PMAY-Urban by 28 September 2026. Completed houses number 6,35,177, equal to 91%, and 5,92,377 are occupied. Another 40,669 are being built. Chennai is part of the RBI House Price Index too, and its city figure is held only in the RBI DBIE database.
On this page, no stamp duty is worked out for Tamil Nadu, since the state rate schedules were unreadable. Readers can check the registration portal for the current schedule before they rely on any figure. The national average rate on fresh home loans stood at 7.61% in August 2026. The Chennai reading is a valuation measure and carries no forecast.
In short
Stamp duty is not computed for Tamil Nadu: its rate pages cannot be read from outside India. Prices in Chennai changed by +10.8% over a year (NHB RESIDEX, April-June 2026). A bank lends at most 80% of a ₹50 lakh home (RBI); the average rate on new housing loans was 7.61% in August 2026.
Calculate for Chennai
Buying: no stamp duty is computed for Tamil Nadu; the home loan calculator works everywhere.
Chennai against the rest of India
The NHB publishes a RESIDEX change for only nine of the 44 cities on Payotte. Chennai is 3rd of the nine cities, at +10.8%: 3.8 points ahead of the 50-city composite (+7%). The range runs from +24.4% in Faridabad to -1.7% in Kalyan-Dombivli.
Where Payotte reads the rates, the duty on a ₹50 lakh home runs from ₹2,50,000 in Uttarakhand (5% of the price) to ₹5,00,000 in Puducherry (10%): seven states and union territories out of 36, which leaves Tamil Nadu off that scale.
Chennai lies at 13.1°N, 80.3°E. The nearest of the other 43 cities is Bengaluru, 290 km to the west, then Vijayawada (380 km, north) and Coimbatore (430 km, south-west), as the crow flies. No other city on Payotte lies within 150 km. The farthest is Ludhiana, 2,035 km away.
Tamil Nadu has one other city on Payotte: Coimbatore. Coimbatore has no RESIDEX figure.
| City | Distance | Direction | Prices over a year (RESIDEX) |
|---|---|---|---|
| Bengaluru | 290 km | west | +21.5% |
| Vijayawada | 380 km | north | no figure |
| Coimbatore | 430 km | south-west | no figure |
| Hyderabad | 515 km | north | +5.2% |
| Kochi | 560 km | south-west | no figure |
| Visakhapatnam | 600 km | north-east | no figure |
| Thiruvananthapuram | 630 km | south-west | no figure |
| Nagpur | 905 km | north | no figure |
| Pune | 915 km | north-west | +3.7% |
| Raipur | 915 km | north | no figure |
| Pimpri-Chinchwad | 925 km | north-west | no figure |
| Bhubaneswar | 995 km | north-east | no figure |
Where to check in Tamil Nadu
The official sites to use before buying in Chennai, Tamil Nadu: the register of projects and agents, the portal that registers the sale deed, the land records and the municipal body that levies property tax. Each link goes to a government site.
- Real estate regulator (RERA): Tamil Nadu Real Estate Regulatory Authority (TNRERA), Tamil Nadu (did not open from outside India).
- Deed registration and stamp duty: tnreginet.gov.in (did not open from outside India).
- Land records: Survey and Settlement Department, Tamil Nadu (did not open from outside India).
- Municipal body of Chennai: Greater Chennai Corporation, Tamil Nadu.
Sites listed by the Integrated Government Online Directory of the National Informatics Centre and the list of State and UT registration websites of the National Generic Document Registration System, read between 18 October 2026 and 2 November 2026; 3 sites did not open from outside India that day, the address is the one the official list gives. Search a registration number, a deed or a land record yourself on these sites: Payotte copies nothing from the registers.
The questions, answered
How much stamp duty in Chennai?
Payotte shows no figure: the rate pages of Tamil Nadu could not be read from outside India. Ask the sub-registrar office.
What EMI on a ₹50 lakh home in Chennai?
On the largest loan an Indian bank may grant (80% of the price, RBI), ₹40 lakh over 20 years at the 7.61% average rate costs ₹32,493 a month.
How much tax when you sell a home in Chennai?
The Income-tax Act applies across India: a gain on a home held more than 24 months is taxed at 12.5% without indexation, ₹2,50,000 on a ₹20 lakh gain, before surcharge and cess
Are house prices rising in Chennai?
The NHB RESIDEX index for Chennai, based on bank and housing finance company valuations, changed by +10.8% over a year in April-June 2026, against +7% for the 50-city composite (National Housing Bank).
More on the tax when you sell: capital gains tax on property. On the loan: eligibility and EMI.
The figures
| Measure | Value | Source |
|---|---|---|
| House prices, change over a year (April-June 2026) | +10.8% | NHB RESIDEX |
The RBI and the NHB publish price indices, not prices in rupees. National figures: RBI House Price Index +3.6% over a year (Q1:2026-27 (April-June 2026)); average rate on new housing loans 7.61% (August 2026).
Elsewhere in Tamil Nadu
Sources
- Housing scheme: States/UTs wise Progress under PMAY-U & PMAY-U 2.0 (Ministry of Housing and Urban Affairs) (as of 28 September 2026).
- Prices and loans: NHB RESIDEX (source acknowledged); RBI House Price Index; RBI lending rates; RBI Credit Facilities Directions 2025, paragraph 111.