Nedumgundram
Avg. Rate
₹ 3,642/sq. ft
Locality Rating
4.2/10
Nedumgundram is a locality situated in Chennai city and district, known for its developing character. With a population of 4,644 residents, it functions primarily as a residential area. The current property price in the locality stands at ₹7,000 per sqft as of October 2025, having experienced a significant growth of 259.0% since January 2011 when it was ₹1,950 per sqft. This remarkable price appreciation indicates strong investment potential for prospective buyers in the market. Homebuyers and investors looking for long-term value would benefit from living or investing here due to this consistent upward price trend. Overall, the locality presents a promising market outlook for those seeking residential property in Chennai.
Region
Nedumgundram
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600001
Population
4,644
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Suburban rail access to Chennai Beach, Tambaram, and Velachery provides low-cost multi-directional connectivity
Chennai's medical tourism cluster proximity drives short-term furnished rental demand from patients and caretakers
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Proximity to SIPCOT or Ambattur Industrial Estate provides a stable, diversified manufacturing-sector tenant base
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
The Bad
Proximity to SIPCOT, Ambattur, or Manali industrial estates results in above-average air and noise quality concerns
The nearest metro or suburban rail station is over 3 km away; last-mile connectivity is weak
Aurum Price Index for Nedumgundram
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
₹ 3,642/sq. ft
Average Price Range
₹ 1,100 – 11,350
Trend (5Y)
▲ 68.7%
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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