New Launch - India Real Estate Report 2026.

Perumbakkam

Avg rate icon

Avg. Rate

4,064/sq. ft

Locality rating icon

Locality Rating

7.2/10

Perumbakkam is a residential locality located in Chennai within the Chennai district. The area has a population of 24,756 residents. The current property price in the locality stands at ₹7,800 per sqft as of October 2025, reflecting a significant price growth of 254.5% since January 2011 when it was ₹2,200 per sqft. This substantial long-term price appreciation indicates strong investment potential for property buyers in the market. Homebuyers and investors looking for long-term value would benefit from living or investing here due to this consistent upward price trend.

Region

Perumbakkam

City

Chennai

District

Chennai

State

Tamil Nadu

Pincode

607204

Population

24,756

Schools

5

Nearest Airport

Chennai International Airport (MAA)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Proximity to the OMR IT corridor (Sholinganallur–Siruseri belt) anchors strong rental demand from tech professionals

MRTS connectivity reduces road-commute dependence to Chennai Central and the southern IT belt

Chennai's medical tourism cluster proximity drives short-term furnished rental demand from patients and caretakers

Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets

National Highway adjacency benefits logistics and manufacturing-sector professionals; warehousing demand supports commercial rentals

Locality price index icon

The Bad

Peak-hour congestion on OMR, Mount Road, or GST Road is among Chennai's most cited quality-of-life concerns

Waterlogging has caused road closures and property damage in past monsoons; buyers should verify individual plot/floor elevation

Generator noise from hospital and commercial establishments in the locality is a common resident complaint

Distance from rail and metro corridors significantly increases commute times to CBD and OMR IT clusters

Perumbakkam Bus DepotPeriya Palayathamman Koil Street, Nookampalayam, 600119
Valluvar Nagar Bus StopOttiambakkam Road, Sithalapakkam, 600126

Aurum Price Index for Perumbakkam

1BHK2BHK3BHKAll

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

Upper PriceAverage PriceLower Price

Timeline

Average Rate

4,064/sq. ft

Average Price Range

1,20012,650

Trend (5Y)

67.7%

Nearby Neighborhoods

Vengaivasal

Vengaivasal is a residential locality situated in Chennai city and district. The area has a population of 23,842 residents and is primarily residential in nature. The current property price in the locality is ₹7,900 per sqft as of October 2025, having experienced a significant growth of 259.1% since January 2011 when it was ₹2,200 per sqft. This remarkable price growth demonstrates strong historical appreciation, indicating positive investment potential for the future. Homebuyers and investors looking for long-term value would benefit from living or investing here due to this consistent upward trend in property values.

Avg. Rate

4,117/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Sithalapakkam

Sithalapakkam is a residential locality situated in the Chennai district of Chennai. The area has a population of 24,787 residents. Property prices in Sithalapakkam currently stand at ₹9,750 per sqft as of October 2025, having recorded a significant growth of 254.5% since January 2011 when the price was ₹2,750 per sqft. This remarkable price growth highlights the strong investment potential of the locality. Homebuyers and investors looking for appreciating real estate assets would benefit from living or investing here. Overall, the locality presents a promising market outlook for prospective residents and investors alike.

Avg. Rate

5,088/sq. ft

Locality Rating

5.5/10

Explore Neighbourhood

Sholinganallur

Sholinganallur is a residential locality situated in Chennai district, Chennai, known for its vibrant character. The area accommodates a population of 57,250 residents within its residential setting. As of October 2025, the current property price stands at ₹11,350 per sqft, reflecting a substantial growth of 254.7% since January 2011 when it was ₹3,200 per sqft. This remarkable price appreciation indicates strong capital growth and promising investment potential for buyers. Homebuyers and investors looking for steady appreciation would greatly benefit from investing here. Overall, the locality presents a favourable market outlook for prospective residents and investors alike.

Avg. Rate

5,908/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Medavakkam

Medavakkam is a residential locality situated in Chennai city and district, known for its developing character. The area has a population of 31,428 residents. The current property price in Medavakkam stands at ₹6,250 per sqft as of October 2025, having experienced a massive growth of 257.1% since January 2011 when it was ₹1,750 per sqft. This significant price appreciation indicates strong investment potential in the local real estate market. Homebuyers and investors looking for substantial capital growth would benefit from participating in this expanding market. The steady upward trend in property values highlights a promising long-term market outlook for the area.

Avg. Rate

3,252/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Varadharajapuram

Varadharajapuram is a developing residential locality situated in the Chennai district of Chennai. The area is home to a population of 26,012 residents. Property prices in the locality currently average ₹11,200 per sq ft as of October 2025, having experienced a significant growth trend of 255.6% since January 2011 when prices were ₹3,150 per sq ft. This impressive historical price growth indicates strong investment potential for prospective buyers. Homebuyers and investors looking for a growing neighborhood would benefit from living or investing here due to this steady appreciation.

Avg. Rate

5,839/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

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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