Medavakkam
Avg. Rate
₹ 3,252/sq. ft
Locality Rating
7.2/10
Medavakkam is a residential locality situated in Chennai city and district, known for its developing character. The area has a population of 31,428 residents. The current property price in Medavakkam stands at ₹6,250 per sqft as of October 2025, having experienced a massive growth of 257.1% since January 2011 when it was ₹1,750 per sqft. This significant price appreciation indicates strong investment potential in the local real estate market. Homebuyers and investors looking for substantial capital growth would benefit from participating in this expanding market. The steady upward trend in property values highlights a promising long-term market outlook for the area.
Region
Medavakkam
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600100
Population
31,428
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
Part of Chennai's fastest-appreciating southern corridor; benefits from Metro Phase 2 and OMR infrastructure upgrades
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Planned metro extension is already catalysing early-mover investor interest and pre-launch residential demand
The Bad
Many developments are investor-held; low end-user occupancy depresses maintenance quality and community upkeep
Water supply from CMWSSB requires supplementary borewell support during peak summer months
Aurum Price Index for Medavakkam
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
₹ 3,252/sq. ft
Average Price Range
₹ 950 – 10,100
Trend (5Y)
▲ 68.9%
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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