About

Situated on the Coromandel Coast along the Bay of Bengal in eastern India, Chennai is the capital of Tamil Nadu and is renowned as the "Gateway to South India." This vibrant city serves as a significant centre for administrative and cultural pursuits.

Chennai's current area spans 174 sq. km, with a well-developed road network of 2780 km. With a population of 4,646,732 in the city and an urban population of 8,696,010 as of 2011, Chennai is a major metropolis. According to the UN Mega Cities 2016 report, Chennai is ranked No. 30 in the most populous urban agglomerations in the world. It is India's fourth-largest city after Delhi, Mumbai and Kolkata.

The landscape is defined by the meandering Cooum (Koovam) River flowing through its centre, while the Adyar River traverses its southern expanse. Parallel to the coastline, the Buckingham Canal courses through the city, connecting with the Kortalaiyar (Kosasthalaiyar) River to the north and the Muttukadu Backwaters to the south, contributing to its unique charm and geographical character.

A notable landmark, Fort St. George, dating back to 1644, currently serves as a museum that encapsulates Chennai's history.

Why Buy Flats/Apartments in Chennai?

Anna Salai, commonly known as Mount Road, stands out as the most renowned thoroughfare in Chennai, which has significantly enhanced Chennai connectivity and the real estate sector around the region.

The following transformative developments in Chennai promise significant benefits and increased appeal for real estate buyers in the region.

1. DLF Downtown, Chennai: DLF, a leading real estate developer, is set to launch DLF Downtown Chennai, a sprawling 27-acre project in OMR. With a strong reputation, DLF has constructed five successful IT SEZs across India, attracting multinational corporations like Google, Barclays, Cognizant, and TCS. The project aims to be Chennai's new IT corridor, offering employment to over 200,000 people with modern workspaces and world-class amenities.
2. Chennai Metro Rail Phase 2: Chennai Metro Rail, the third-longest metro network in India, is expanding in its second phase. The project is owned by Chennai Metro Rail Limited (CMRL) and covers 118.9 kilometres with 128 stations across three corridors. The completion of Phase 2 by 2026 will enhance connectivity and contribute to the Chennai Smart City project.
3. FinTech City: Chennai is developing FinTech City in Nandambakkam and Kavanur, aiming to transform the city into a global financial service hub. Undertaken by TIDCO, this initiative accommodates both banking and non-banking financial institutions. The FinTech City is set to be completed by 2025, adding to Chennai's appeal for real estate investment.

Chennai is a dynamic city in India known for its IT parks, shopping malls, universities, and lots of fun things to do. Whether you're enjoying a meal at Annalakshmi or experiencing the atmosphere at Phoenix Marketcity, Chennai's great reputation is well-deserved.

Investment Trend in Chennai

Chennai has emerged as a preferred residential destination in Tamil Nadu due to its continuous infrastructure improvements, planned international airport, and affordable housing options. Several burgeoning areas in Chennai, including Porur, Kotturpuram, Annanagar, Vadapalani and Avadi, have caught the attention of homebuyers.

In areas like Medavakkam, Iyyappanthangal and Ambattur, the average property prices typically range from Rs. 4,500 to Rs. 5,000 per square foot. Some top-selling projects in Chennai include Navins Hanging Gardens, Pearl KR Orchid, GP Peach Blossom, and Casagrand Majestica.

Additionally, Chennai offers attractive rental yields, with areas such as Saidapet (12.9%), ECR (12.5%), Mylapore (9.7%), OMR (9.1%), Pallikaranai (7.9%) are some of the areas that offer highest rental returns in Chennai.

Sqft Price for Top 20 Areas in Chennai

Here is the price list for some of the top areas in Chennai:

Disclaimer: The mentioned prices are taken from different sources and do not reflect the actual price. The price depends on the offered location, developer, and amenities.

Chennai's Real Estate Landscape

Chennai, a vibrant metropolis, boasts prestigious institutions like IIT Madras, SRM Institute of Science and Technology, Loyola College, Sri Ramachandra Institute, Anna University, and St Joseph's College of Engineering. With an influx of students and job seekers, the real estate market in Chennai is thriving. Notably, Medavakkam stands out for its excellent connectivity, while Korattur gains prominence for its proximity to industrial hubs.

OMR in Chennai is recognised for its residential offerings, premium conveniences, and strategic proximity to key business centres, making it one of the most affluent areas in the city. Also, Chennai features luxury projects such as Shriram Paradiso, TVS Luxor, TVS Elements, DRA Skylantis and Radiance Mandarin, offering residents a high-end living experience with top-notch amenities and spacious accommodations.

Renowned developers like Casagrand Builder, KVR Constructions, Radiance Realty, and Appaswamy Real Estate are operational in the region.

South Chennai

South Chennai, comprising areas like Mylapore, Velachery, Tambaram, Alandur, and Sholinganallur, boasts a rich history evident through palaeolithic, neolithic, and megalithic remains.

Major tourist attractions include Elliot's Beach, Guindy Park, Theosophical Society, Sivan Park, Periyar Science and Technology Centre, Kapaleeswarar Temple, Karaneeswarar Temple, Sundareswarar Temple, Marundeeswarar Temple, and Santhome Basilica.

Renowned developers like Appaswamy Real Estate, Urbanise Group, Intermont Life and Arihant Spaces contribute to the region's growth, making South Chennai a blend of historical significance and modern development.

North Chennai

North Chennai, situated north of the Coovum River, encompasses areas like Minjur, Thiruvottiyur, Fort St George and Georgetown. Traditionally perceived as an area with stagnant growth, it has now become a developing real estate choice.

Renowned for being a Manufacturing Hub, North Chennai hosts diverse industries, including Ports, Power Stations, Petrochemicals, and the Automobile Industry.

The region is also known for its thriving Fishing industry. Notable projects, including SAS Royal View Enclave, Urbanise the World of Joy and Grand Sharps, contribute to its industrial prominence.

West Chennai

Chennai West encompasses areas like Porur, Valasaravakkam, Poonamallee, Koyambedu, Iyyappanthangal, Kattupakkam, Saligramam, Virugambakkam, Ramapuram, Vanagaram, and Mangadu.

Notable tourist attractions, lakes, and parks include Arignar Anna Zoological Park, Chembarambakkam Lake, Nanmangalam Reserve Forest, and Puzhal Lake. The region also boasts temples such as Dhenupureeswarar Temple, Kamakshi Amman Temple in Mangadu, and Kundrathur Shiva Temple.

Chennai West has witnessed substantial growth, with premium housing options offered by reputable developers, including LML Homes, Ruby Builders, and Radiance Realty, contributing to the overall appeal of these localities.

Central Chennai

The Central Chennai zone, headquartered in Ambattur, encompasses Ayanavaram, Aminjikarai, Maduravoyal, Guindy, and Egmore. Mambalam, hailed as one of Chennai's oldest villages, is part of this zone. It is also renowned for temples, including the revered Pazhani Andavar Koil.

Chennai Central has experienced significant development, with esteemed developers such as Casagrand Builder, Urbando Developers, and Navins Group providing upscale housing options that enhance the overall attractiveness of these neighbourhoods.