Friends Nagar
Avg. Rate
₹ 5,676/sq. ft
Locality Rating
5.7/10
Friends Nagar is a residential locality situated in Chennai within Chennai district, known for its established neighborhood character. The area has a population of 30,173 residents and primarily features residential properties. As of October 2025, the current property price in the locality stands at ₹10,900 per sqft, reflecting a substantial price growth of 257.4% since January 2011 when it was ₹3,050 per sqft. This remarkable price growth indicates strong investment potential for prospective buyers looking at long-term appreciation. Homebuyers and investors seeking a growing residential community would greatly benefit from living or investing here due to the consistent upward trend in property values.
Region
Friends Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600106
Population
30,173
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Multi-speciality hospital within the locality makes it a preferred address for senior citizens and health-conscious families
Cluster of CBSE, ICSE, and IB schools within the locality makes it a top choice for families with school-age children
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Metro Phase 2 alignment (116 km, 3 new corridors) passes near this locality — completion expected to unlock significant price appreciation
The Bad
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Road maintenance quality varies within the locality; some internal streets need resurfacing after monsoon
Aurum Price Index for Friends 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
₹ 5,676/sq. ft
Average Price Range
₹ 1,700 – 17,650
Trend (5Y)
▲ 69%
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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