Korattur
Avg. Rate
₹ 4,607/sq. ft
Locality Rating
6.6/10
Korattur is a well-established residential locality situated in Chennai within the Tiruvallur district. It has a population of 46,650 residents and is primarily known as a residential area. The current property price in the locality is ₹8,850 per sqft as of October 2025, which reflects a remarkable price growth of 254.0% since January 2011 when it was ₹2,500 per sqft. This substantial price appreciation indicates strong investment potential for buyers looking at long-term gains in the region. Homebuyers and investors alike would benefit from living or investing here due to the area's proven historical growth and established residential character. Overall, Korattur offers a promising market outlook for those seeking a stable and growing neighborhood in the city.
Region
Korattur
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600050
Population
46,650
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Direct access to NH-32 (OMR), NH-48 (GST Road), or Chennai Bypass reduces intercity and long-distance commute times
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
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
Proximity to commercial areas, hospitals, or major arterials generates persistent noise in main-road-facing units
Dense land use with no surface parking provision is among the most persistent resident complaints in this locality
Aurum Price Index for Korattur
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
₹ 4,607/sq. ft
Average Price Range
₹ 1,400 – 14,350
Trend (5Y)
▲ 68.6%
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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