Besant Nagar
Avg. Rate
₹ 7,509/sq. ft
Locality Rating
7.2/10
Besant Nagar is a prominent residential locality situated in Chennai city and district, known for its established character. With a population of 25,143, the area primarily functions as a residential neighborhood. The current property price in the locality stands at ₹14,400 per sqft, reflecting a substantial growth of 255.6% since January 2011 when it was ₹4,050 per sqft. This remarkable price appreciation demonstrates strong investment potential for prospective buyers in the real estate market. Homebuyers and investors looking for long-term value will greatly benefit from living or investing here due to this consistent upward price trend.
Region
Besant Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600090
Population
25,143
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Elliot's Beach (Besant Nagar Beach) — Chennai's cleanest and most socially active beachfront — is the locality's defining lifestyle asset
Dense F&B, boutique retail, and cultural scene on 3rd Avenue rivals any premium locality in South India
Low-rise residential character, cul-de-sac streets, and Theosophical Society green buffer make it Chennai's quietest premium neighbourhood
Strong NRI and expat demand; high-quality furnished rental market with consistent yields
The Bad
Saline soil and proximity to the sea accelerate exterior wall weathering; annual maintenance costs are above the city average
Weekend beach traffic generates severe parking shortage and noise along the beachfront stretches
Coastal Regulation Zone (CRZ) norms strictly limit new construction within 500 m of the high-tide line
Aurum Price Index for Besant nagar
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 7,509/sq. ft
Average Price Range
₹ 2,250 – 23,300
Trend (5Y)
▲ 68.4%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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