Nedunkundram
Avg. Rate
₹ 5,962/sq. ft
Locality Rating
4.8/10
Nedunkundram is a residential locality situated in Chennai district, Chennai, characterized by a quiet and growing neighbourhood. The area has a population of 5,182 residents, contributing to a close-knit community feel. Property prices in the locality currently stand at ₹11,450 per sqft, reflecting a remarkable growth of 257.8% since January 2011 when prices were ₹3,200 per sqft. This significant historical price appreciation indicates strong capital appreciation and solid investment potential for the future. Homebuyers and real estate investors looking for substantial returns and a peaceful residential environment would benefit greatly from purchasing property here. Overall, Nedunkundram presents a promising market outlook for those seeking long-term value in Chennai.
Region
Nedunkundram
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600048
Population
5,182
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Chennai's medical tourism cluster proximity drives short-term furnished rental demand from patients and caretakers
Cluster of CBSE, ICSE, and IB schools within the locality makes it a top choice for families with school-age children
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
The Bad
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Road maintenance quality varies within the locality; some internal streets need resurfacing after monsoon
Aurum Price Index for Nedunkundram
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
₹ 5,962/sq. ft
Average Price Range
₹ 1,800 – 18,550
Trend (5Y)
▲ 68.4%
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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