Real Estate Prices in Chennai

Chennai Real Estate

Chennai Real Estate Price Trend Real estate Prices in Chennai had stagnated to some extent due to the Covid Pandemic. Fortunately with the decline of mortality rates of the Covid Pandemic and with increase in Industrial activities around Chennai, the prices are going up. Many residential areas witness spurt in building activity as of now. We have collated the real estate prices from many authentic sources and talks with real estate agents we present the following data . Unlike many other sites with vested interest, we have no personal or commercial interest in publishing this information. We, at Madrasi.Info have been trying our best to show unbiased information to our audience whether you are looking to buy a car or an apartment. We have no affiliation with any commercial entity.

In this page you will notice that some areas have consistently shown an increasing trend in the land prices while in some areas the rate of land appreciation has not kept pace with the increase in other regions.

When it comes to land price, you will notice wide variation in prices even within the same area. For example, in some parts of Adyar like Parameshwari Nagar, the cost per sq ft may be as low as Rs.2400/- while in Besant nagar which is barely 3 km away, the land price may be as high Rs.30000/- per sq ft. The value of a land parcel depends on a lot of factors. We show some of the variables in every region wherever possible.

ECR and OMR regions have consistently shown an upward trend owing to the following reasons:

• Away from the crowded interiors
  
• Closer to the seacoast and less pollution compared with other regions
  
• Better road infrastructure
  
• Better water due to underground water
  
• Large number of IT and ITES industries like TidelPark, Sirusery
• Number of religious constructions - St.Anthony's Church in Palavakkam, Divine Mercy Church, Kelambakkam, ISKON temple in Sholinganallur etc
  

South Chennai : South Chennai has always been considered as the bastion of the Upper middle class localities. It has high tree cover, relatively free from industrial pollution and has many of Chennai's top educational institutions like IIT, Loyola College, Stella Maris College etc.

North Chennai :North Chennai has many industries and owing to this is considered as a bit polluted. Generally this region suffers apathy from the Tamil Nadu Government and Chennai Corporation when it comes to development. Our research shows that people in this region suffer higher incidence of lung diseases than other parts of Chennai.

West Chennai : Alwarthirunagar, Ambattur HO, Ambattur Industrial Estate, Aminjikarai, Anna Nagar, Arumbakkam, Avadi Camp HO, Avadi IAF, Ayanavaram, CRP Camp Avadi, Korattur, Korattur R.S,Koyambedu, Kunnathur, Padi, Pattabiram, Poonamallee, Porur, Saligramam, Shenoy Nagar, Tiruverkadu, Vadapalani, Villivakkam.