New Launch - India Real Estate Report 2026.

Nanmangalam

Avg rate icon

Avg. Rate

4,544/sq. ft

Locality rating icon

Locality Rating

7.2/10

Nanmangalam is a residential locality situated in Chennai district, Chennai, known for its developing character. The area has a population of 17,212 residents, maintaining a predominantly residential atmosphere. Property prices in the locality stand at ₹8,700 per sqft as of October 2025, reflecting a significant growth of 255.1% since January 2011 when prices were ₹2,450 per sqft. This substantial long-term price appreciation indicates strong capital appreciation and favourable investment potential for prospective buyers. Homebuyers and investors looking for steady property value growth would benefit greatly from investing in this area.

Region

Nanmangalam

City

Chennai

District

Chennai

State

Tamil Nadu

Pincode

600117

Population

17,212

Schools

5

Nearest Airport

Chennai International Airport (MAA)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories

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

Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality

Balanced demand-supply dynamics deliver steady 8–12% annual capital appreciation

Locality price index icon

The Bad

Inadequate storm-water drainage leads to seasonal flooding in ground-floor units during heavy rainfall

On-street parking is severely strained near commercial areas; older buildings lack dedicated basement parking bays

Medavakkam Bus TerminusVelachery Mudhanmai Salai, Gowriwakkam, Tambaram, 601302

Aurum Price Index for Nanmangalam

1BHK2BHK3BHKAll

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

Upper PriceAverage PriceLower Price

Timeline

Average Rate

4,544/sq. ft

Average Price Range

1,35014,100

Trend (5Y)

67.3%

Nearby Neighborhoods

Vellakkal

Vellakkal is a residential locality situated in Chennai district, Chennai, offering a peaceful living environment. The area is home to a population of 5,668 residents. Property prices in the locality currently stand at ₹5,600 per sqft as of October 2025, having recorded a massive growth of 250.0% from ₹1,600 per sqft in January 2011. This substantial price appreciation highlights its strong potential as a lucrative real estate investment. Homebuyers and investors looking for significant value appreciation over the long term would greatly benefit from entering this market.

Avg. Rate

2,927/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Manikandan Nagar

Manikandan Nagar is a residential locality situated in Chennai, within Chennai district. The area has a population of 14,978 residents. Property prices currently stand at ₹10,200 per sqft as of October 2025, marking an impressive growth of 257.9% since January 2011 when prices were ₹2,850 per sqft. This substantial price appreciation indicates strong investment potential for future buyers. Homebuyers and investors looking for a growing residential area would benefit greatly from living or investing here. Overall, Manikandan Nagar presents a promising market outlook for those interested in the Chennai real estate sector.

Avg. Rate

5,302/sq. ft

Locality Rating

7.1/10

Explore Neighbourhood

Ullagaram

Ullagaram is a residential locality situated in the Chennai district of Chennai. The area has a population of 23,092 residents. Property prices in the locality currently stand at ₹7,150 per sqft as of October 2025, reflecting a significant price growth of 257.5% since January 2011 when prices were ₹2,000 per sqft. This substantial price growth demonstrates strong historical appreciation, making it a promising option for real estate investment. Homebuyers and investors looking for steady capital appreciation would benefit from living or investing here. Overall, the remarkable growth trend highlights a positive market outlook for the area.

Avg. Rate

3,719/sq. ft

Locality Rating

7/10

Explore Neighbourhood

Kulattur

Kulattur is a residential locality situated in Chennai district within the city of Chennai. The area has a population of 30,392 residents and is primarily a residential neighborhood. Property prices currently stand at ₹10,550 per sqft as of October 2025, having experienced a significant growth of 257.6% since January 2011 when prices were ₹2,950 per sqft. This substantial price appreciation indicates strong capital appreciation and positive investment potential. Homebuyers and investors looking for steady value growth would benefit from living or investing here. Overall, the locality offers a promising market outlook for prospective residents and investors.

Avg. Rate

5,512/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Kovilambakkam

Kovilambakkam is a locality situated in Chennai, within Chennai district, characterized as a developing residential area. The locality has a population of 64,733 residents and primarily functions as a residential zone. The current property price in Kovilambakkam is ₹11,300 per sqft as of October 2025, reflecting a significant growth of 253.1% since January 2011 when it was ₹3,200 per sqft. This substantial price appreciation demonstrates strong investment potential within the real estate market. Homebuyers and investors looking for long-term capital appreciation would benefit greatly from living or investing here due to this consistent growth.

Avg. Rate

5,896/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

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

Pexo Icon

Ask Pulse Ai anything about real estate

Unlock the Latest in Real Estate

News, Infographics, Blogs & More! Delivered to your inbox.

Proptech Pulse Logo

Data that drives action.
Insight that inspires action.
Technology that empowers action.“

Made with Love

Statue

© PropTech Pulse 2026, All rights reserved.

Terms of Use and Privacy Policy