Paranur
Avg. Rate
₹ 5,549/sq. ft
Locality Rating
5.4/10
Paranur is a developing locality situated in the Chennai district of Chennai, known for its emerging real estate landscape. The area has a population of 6,828 residents and serves as a growing residential destination. The current property price in Paranur stands at ₹10,650 per sqft as of October 2025, reflecting a significant growth of 255.0% since January 2011 when it was ₹3,000 per sqft. This remarkable price appreciation indicates strong capital appreciation and positive investment potential in the region. Homebuyers and real estate investors looking for high-growth opportunities would greatly benefit from investing in this locality. Overall, Paranur presents a promising market outlook for those seeking long-term value in Chennai's property sector.
Region
Paranur
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
605755
Population
6,828
Schools
4
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
Part of Chennai's fastest-appreciating southern corridor; benefits from Metro Phase 2 and OMR infrastructure upgrades
West Chennai's Porur–Poonamallee–Ambattur corridor is seeing rapid infrastructure upgrades including the Chennai Ring Road
Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality
The Bad
Premium pricing compresses rental yields below 2.5% in the luxury segment
Heat and humidity from March to June significantly increases cooling costs for residents
Aurum Price Index for Paranur
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
₹ 5,549/sq. ft
Average Price Range
₹ 1,650 – 17,250
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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