Old Washermanpet
Avg. Rate
₹ 5,629/sq. ft
Locality Rating
7.2/10
Old Washermanpet is a primarily residential locality situated in Chennai city and district. The area has a population of 22,171 residents. The current property price in the locality is ₹10,800 per sqft as of October 2025, reflecting a significant growth of 254.1% since January 2011 when it was ₹3,050 per sqft. This substantial price appreciation indicates strong investment potential in the local real estate market. Homebuyers and investors looking for an established urban neighbourhood with a proven track record of capital growth would benefit from living or investing here.
Region
Old Washermanpet
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600021
Population
22,171
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Metro connectivity has been a primary price-discovery catalyst; properties near stations appreciate faster than the city average
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
Strong NRI and HNI buyer base sustains resale liquidity and commands above-market valuations
The Bad
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Heat and humidity from March to June significantly increases cooling costs for residents
Aurum Price Index for Old washermanpet
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
₹ 5,629/sq. ft
Average Price Range
₹ 1,700 – 17,500
Trend (5Y)
▲ 68.8%
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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