The correct answer is 1639.
Key Points
The town of Madrasapatnam, which later evolved into modern-day Chennai, was purchased by the East India Company (EIC) in the year 1639.
The purchase was facilitated by Francis Day, who was an agent of the East India Company, and the land was acquired from the local Nayak rulers of the Vijayanagara Empire.
The land was acquired to establish a trading post and fortification, which eventually became known as Fort St. George.
Fort St. George, established in 1644, became the first major English settlement in India and played a pivotal role in the expansion of British influence in the region.
Chennai, originally Madrasapatnam, grew around Fort St. George and became a significant administrative and commercial hub for the British in southern India.
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