Avg. Rate
₹ 5,248/sq. ft
Locality Rating
4.5/10
Melakottaiyur is a residential locality situated in Chennai, within the Chennai district, offering a peaceful living environment. The area has a population of 5,557 residents and is primarily known as a residential neighborhood. Property prices currently stand at ₹10,050 per sqft as of October 2025, having experienced a massive growth of 252.6% since January 2011 when the price was ₹2,850 per sqft. This significant price appreciation highlights strong investment potential in the local real estate market. Homebuyers and investors looking for substantial capital growth would greatly benefit from investing in this developing area.
Region
Melakottaiyur
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600048
Population
5,557
Schools
1
Nearest Airport
Chennai International Airport (MAA)
Metro connectivity has been a primary price-discovery catalyst; properties near stations appreciate faster than the city average
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Balanced demand-supply dynamics deliver steady 8–12% annual capital appreciation
Dense land use with no surface parking provision is among the most persistent resident complaints in this locality
Water supply from CMWSSB requires supplementary borewell support during peak summer months
Normalized to 100 · Oct 2020 baseline
Timeline
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%)
Timeline
Average Rate
₹ 5,248/sq. ft
Average Price Range
₹ 1,600 – 16,300
Trend (5Y)
▲ 67.5%
Rates and Trends
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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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