New Perungalathur
Avg. Rate
₹ 5,112/sq. ft
Locality Rating
5.5/10
New Perungalathur is a developing residential locality situated in Chennai within the Chennai district. The area is home to a population of 29,950 residents and primarily serves as a residential neighborhood. The current property price in the locality stands at ₹9,800 per sqft as of October 2025, having experienced a remarkable growth of 256.4% since January 2011 when it was ₹2,750 per sqft. This significant upward price trend highlights strong investment potential for prospective buyers looking to capitalize on capital appreciation. Homebuyers and investors seeking long-term value would benefit from living or investing here due to the area's proven historical growth. Overall, the locality presents a promising market outlook for those interested in Chennai's real estate sector.
Region
New Perungalathur
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600063
Population
29,950
Schools
3
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Cluster of CBSE, ICSE, and IB schools within the locality makes it a top choice for families with school-age children
Highway-connected location improves property discoverability and supports future commercial development along the corridor
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
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
Proximity to commercial areas, hospitals, or major arterials generates persistent noise in main-road-facing units
Dense land use with no surface parking provision is among the most persistent resident complaints in this locality
Aurum Price Index for New perungalathur
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
₹ 5,112/sq. ft
Average Price Range
₹ 1,550 – 15,850
Trend (5Y)
▲ 69%
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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