Nehru Nagar
Avg. Rate
₹ 4,822/sq. ft
Locality Rating
7.2/10
Nehru Nagar is a residential locality situated in Chennai city and district, known for its established character. The area accommodates a population of 59,305 residents within a predominantly residential setting. Property prices in the locality currently stand at ₹9,250 per sqft, having recorded a substantial growth of 255.8% since January 2011 when prices were ₹2,600 per sqft. This remarkable price appreciation reflects strong and reliable investment potential over the years. Homebuyers and investors looking for long-term value would benefit greatly from participating in this growing market.
Region
Nehru Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600097
Population
59,305
Schools
5
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
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
Metro Phase 2 alignment (116 km, 3 new corridors) passes near this locality — completion expected to unlock significant price appreciation
Balanced demand-supply dynamics deliver steady 8–12% annual capital appreciation
The Bad
Dense land use with no surface parking provision is among the most persistent resident complaints in this locality
Road maintenance quality varies within the locality; some internal streets need resurfacing after monsoon
Aurum Price Index for Nehru nagar
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
₹ 4,822/sq. ft
Average Price Range
₹ 1,450 – 15,000
Trend (5Y)
▲ 68.2%
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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