Park Town
Avg. Rate
₹ 4,221/sq. ft
Locality Rating
7.2/10
Park Town is a locality situated in Chennai district within the city of Chennai, known for its established character. The area accommodates a population of 43,841 residents. Currently, the property price in Park Town stands at ₹8,100 per sqft as of October 2025, having recorded a significant growth of 252.2% since January 2011 when it was ₹2,300 per sqft. This substantial price appreciation highlights its strong investment potential in the local real estate market. Property buyers and investors looking for long-term value will benefit from living or investing here due to this consistent historical growth trend. Overall, the locality presents a promising market outlook for prospective stakeholders.
Region
Park Town
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600003
Population
43,841
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Suburban rail access to Chennai Beach, Tambaram, and Velachery provides low-cost multi-directional connectivity
ECR frontage offers scenic sea views, coastal breezes, and premium villa and resort-style developments unavailable inland
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality
Competitive entry pricing offers strong long-term upside as the urban growth frontier advances
The Bad
Coastal saline groundwater makes borewell water unsuitable for domestic use; desalinated or CMWSSB-piped water is essential
Cyclonic storms regularly affect Chennai's coastline; wind and rain damage to exterior finishes is an annual maintenance cost
Distance from rail and metro corridors significantly increases commute times to CBD and OMR IT clusters
Aurum Price Index for Park town
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
₹ 4,221/sq. ft
Average Price Range
₹ 1,250 – 13,100
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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