Thiruneermalai
Avg. Rate
₹ 3,842/sq. ft
Locality Rating
5.6/10
Thiruneermalai is a residential locality situated in Chennai district, Chennai, known for its peaceful character. The area accommodates a population of 50,187 residents within its primarily residential setting. The current property price in the locality stands at ₹7,350 per sqft, reflecting a substantial price growth of 258.5% since January 2011 when it was ₹2,050 per sqft. This remarkable appreciation indicates strong investment potential for prospective buyers looking for long-term value. Homebuyers and investors alike would benefit from living or investing here due to the steady historical price appreciation and the established residential nature of the neighbourhood. Overall, the consistent growth trend presents a promising outlook for the local real estate market.
Region
Thiruneermalai
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600044
Population
50,187
Schools
4
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
MRTS connectivity reduces road-commute dependence to Chennai Central and the southern IT belt
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
The Bad
Limited Metro coverage and low MTC bus frequency mean near-complete dependence on private vehicles or app-based cabs
Heat and humidity from March to June significantly increases cooling costs for residents
Aurum Price Index for Thiruneermalai
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
₹ 3,842/sq. ft
Average Price Range
₹ 1,150 – 11,900
Trend (5Y)
▲ 67%
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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