Vada Nemmeli
Avg. Rate
₹ 3,062/sq. ft
Locality Rating
3.8/10
Vada Nemmeli is a locality situated in Chennai district, Chennai, known for its developing character. The area has a population of 5,826 residents and is predominantly residential in nature. Currently, the property price in the locality stands at ₹5,900 per sq ft as of October 2025, having registered a phenomenal price growth of 257.6% since January 2011 when it was ₹1,650 per sq ft. This substantial appreciation in property values indicates strong investment potential for future buyers. Investors and homebuyers looking for long-term value appreciation would particularly benefit from purchasing property in this evolving market.
Region
Vada Nemmeli
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
603104
Population
5,826
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Surrounding agricultural land or reserve forest maintains cooler local temperatures and limits noise pollution
Lower built-up intensity means large-format villa and gated community projects remain feasible at competitive pricing
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
The Bad
Internal road quality varies considerably; some stretches require resurfacing after monsoon damage
Distance of 35–55 km from Chennai CBD (Egmore/T. Nagar) makes this locality impractical for daily CBD-based commuters
Absentee owner concentration in newer projects creates ghost-block risk that can reduce resale liquidity
Aurum Price Index for Vada nemmeli
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
₹ 3,062/sq. ft
Average Price Range
₹ 900 – 9,550
Trend (5Y)
▲ 68.6%
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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