Olaiyur
Avg. Rate
₹ 4,953/sq. ft
Locality Rating
3.8/10
Olaiyur is a residential locality situated in Chennai district, Chennai, known for its developing character. The area is home to a population of 5,318 residents, maintaining a peaceful community vibe. The current property price in the locality stands at ₹9,500 per sqft, reflecting a substantial growth of 258.5% since January 2011 when it was ₹2,650 per sqft. This remarkable appreciation indicates strong investment potential for future property buyers. Homebuyers and real estate investors looking for long-term value will greatly benefit from living or investing in this emerging neighborhood. Overall, the locality presents a promising market outlook for those seeking a quiet residential base within the city.
Region
Olaiyur
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
608901
Population
5,318
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Green belt adjacency restricts high-density construction on the buffer side, preserving residential character
Lower built-up intensity means large-format villa and gated community projects remain feasible at competitive pricing
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
West Chennai's Porur–Poonamallee–Ambattur corridor is seeing rapid infrastructure upgrades including the Chennai Ring Road
The Bad
Internal road quality varies considerably; some stretches require resurfacing after monsoon damage
Long commute to OMR IT cluster and T. Nagar business district is the primary deterrent for end-user buyers
Dense land use with no surface parking provision is among the most persistent resident complaints in this locality
Aurum Price Index for Olaiyur
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
₹ 4,953/sq. ft
Average Price Range
₹ 1,450 – 15,400
Trend (5Y)
▲ 68.1%
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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