Foreshore Estate
Avg. Rate
₹ 6,097/sq. ft
Locality Rating
7.2/10
Foreshore Estate is a residential locality situated in Chennai city and district, known for its established character. The area has a population of 41,294 residents and is primarily residential in nature. The current property price in the locality stands at ₹11,700 per sqft as of October 2025, having experienced a massive price growth of 254.5% since January 2011 when it was ₹3,300 per sqft. This remarkable upward trend in property values indicates strong capital appreciation and solid investment potential. Homebuyers and investors looking for long-term growth would greatly benefit from investing here given the historical returns. Overall, the market outlook remains highly positive for those seeking a property in this established urban pocket.
Region
Foreshore Estate
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600028
Population
41,294
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Suburban rail access to Chennai Beach, Tambaram, and Velachery provides low-cost multi-directional connectivity
Coastal location provides unmatched lifestyle amenities — beaches, seafood restaurants, and weekend getaways within minutes
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Planned metro extension is already catalysing early-mover investor interest and pre-launch residential demand
Strong NRI and HNI buyer base sustains resale liquidity and commands above-market valuations
The Bad
High soil salinity accelerates corrosion of structural rebar in older buildings — a material due-diligence risk in pre-2010 stock
Cyclonic storms regularly affect Chennai's coastline; wind and rain damage to exterior finishes is an annual maintenance cost
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Aurum Price Index for Foreshore estate
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
₹ 6,097/sq. ft
Average Price Range
₹ 1,850 – 18,950
Trend (5Y)
▲ 68.3%
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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